Is there any connection between internet banking &paypal payment system

@mary463 (145)
India
June 30, 2008 10:32am CST
Somebody pls explain ,for paypal users is it necessary to have a internet banking account.
2 people like this
3 responses
@Muelitz (1592)
• Canada
1 Jul 08
Your bank account must have internet banking features to be able to link it to paypal. If you don't have internet banking you wont have a way to get it link and have your earnings transferred to your account. I believe you have to transfer it to your bank account for you to withdraw your earnings.:)
@mary463 (145)
• India
1 Jul 08
thanks for your response
@underdogtoo (9579)
• Philippines
30 Jun 08
One of my problems with using paypal has been how to put money into it. I don't have a credit card which makes it almost impossible to buy something online. Mylot has paid out to my paypal account and I am looking forward to using it.
@kosstr12 (245)
• United States
30 Jun 08
To be able to spend more than $5.00 on paypal, you need to have a verified credit card number, or checking account. So, it's not required that you have an internet banking account to use paypal, but it couldn't hurt. Happy to help, Luke