I just made a PayPal account. How do I put money INTO it? And does it actually work?
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"How Do You Deposit Money Into Paypal?" was posted on Friday, December 11th, 2009 at 4:36 am.
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When you enroll, PayPal asks for your bank information. When you have to make a payment for something, PayPal takes the money directly from your bank account. Therefore you do not have to put money into your PayPal account. They use the money in your bank account.
You can also ask pay pal to use your credit card to make a payment for something you bought. This is a little more complicated because PayPal prefers to take the money from your bank. They have to apy a fee for credit card transactions, but not for a direct bank debit.
To add money to a paypal account you only need to click the add funds button within your account and it will debit a bank account if you verified one. This process takes 3-4 days for the US. However keep in mind that you do not have to pre-fund your paypal account to use it. If you have a credit card or a verified bank account it will debit which ever you select when making a purchase. Yes it works.