In Paypal, What Is Paypal Account Balance And Paypal Buyer Credit?

PayPal is a bank. When you sign up you need to link a bank account and credit card to the account (no way around it, only the credit card is optional). And also a valid email address. When you start you have the option to “add funds” to the account. This amount will be taken from your bank that you added and put into your PayPal account. You do not have to add money to this account if you are using for things like Ebay. When you pay for the item, if the balance is at zero, the money will come directly from the bank account you signed up with. PayPal is kind of acting like a middle man so you do not EVER have to give a merchant any financial information. When you purchase an item from someone who excepts PayPal on check out you will be sent to a PayPal link. All you do is put in your email address (that you signed up with) and your password (you are signing into PayPal at this time so it is secure to put your password here). It will verify what you are purchasing and once you accept the purchase PayPal takes care of all the financial parts for you. If you are selling (such as Ebay) and someone buys an item from you they will check out the same way, but once the transaction is done the money will be in your PayPal account. If you want this money in your bank just click on “withdrawl funds” and tell them how much (or all) that you want transfered. It will take about 3 days and it will be in your bank account to spend. If you wish for your money sooner you can apply for a debit card. It is an ATM card that is linked to the PayPal account. You use it just like any other ATM card ANYWHERE and you can withdrawl it out of an ATM machine as well. It has the visa/mastercard logo so it can be used anywhere credit cards are accepted. PayPal has a lot of options and things you can do. Any other question you can email me.