What's the use of paypal?
By tarapot
@tarapot (144)
Philippines
January 21, 2010 3:49am CST
I have paypal account and I try ptc sites. I am not sure if I can withdraw my money when forwarded in my account. And how much is the minimum money can I withdraw? I hope you can help me out because I am new in sorting ways of earning money online and want to have my money in my hands.Thank you!:D
1 person likes this
8 responses
@TriciaW (2441)
• United States
21 Jan 10
you will need to verify your bank account with paypal then it doesn't matter how much is in there they will transfer your funds to your bank account. There are also places you can buy things that will accept paypal. The best reason I think in using it is the fact that you don't have to give someone your credit card number out over the internet when you purchase an item. Another thing I like is if you dispute a charge paypal is much better then your bank at investigating it and getting your money back for you. So to me paypal is wonderful!!
@bnx2212 (712)
• Philippines
21 Jan 10
since they've said the use of paypal and how to withdraw it, i'll just add something. If you're from the Philippines then get Eon debit card from unionbank. because you can automatically transfer you money from Paypal to the card. In addition to that, if you already have the Eon debit card, you can register your card to their website so that you can view all your transaction on the internet.
@machivado (528)
• Indonesia
28 Jan 10
Please read the FAQs first before you decide to join any kind of programs.
I'm sure they have the answer regarding this topic. Just to remind you that often withdrawal using Paypal may have some fees.
Have a good day
@aviambitious (342)
• India
31 Jan 10
Paypal is really useful for transferring your money. It is the fastest and easiest way to transfer money.You can transfer the money any where in the world. You can even shop on eBay using your paypal money. You can transfer your paypal money to your bank account or you can request a check. The minimum payout in paypal is 10 dollars. They will cut some transfer fees before transferring.
@magicalangel (642)
• Brisbane, Australia
21 Jan 10
You can withdraw you paypal money to your bank account. I am living in India and here minimum withdrawal amount is 10$ with fees Rs.50 if I withdraw below 100$.
@indocorner (546)
• Indonesia
21 Jan 10
It depends on ur country. The policy may be different in each country. Ask the admin in ur country or perhaps there exists paypal user community in ur country so that u can ask them everything about paypal usage in ur country. In my country, the minimum withdrawal is more than Rp 16rb b'coz it charges Rp 16rb for withdrawal under Rp 1,5jt. In addition, u can withdraw ur money to ur local bank account if ur paypal account has been verified.