Paypal

By divi
@divssri (971)
Bangalore, India
March 15, 2016 2:16am CST
I am sure all my lot users use to paypal. I want some information about paypal . is it safe for transactions? What about its credit policy ? If we have not money in our paypal account we still make a payment is it so.
5 people like this
6 responses
@AkoPinay (11542)
• Philippines
15 Mar 16
We can make payments even our PayPal account has zero balance as long as the bank account linked to it has enough money. It will be debited and converted automatically to another currency. I had no problem so far. So, it is safe.
4 people like this
@divssri (971)
• Bangalore, India
15 Mar 16
But if we did not linked our any credit or debit card still we can make payment when our account has no balance.
2 people like this
@AkoPinay (11542)
• Philippines
15 Mar 16
@divssri stup!d question. LOL! Peace. It is IMPOSIBLE.
1 person likes this
@divssri (971)
• Bangalore, India
15 Mar 16
@AkoPinay friend i do not know about thats why i am asking with you i think a friend give better knowledge. I linked my bank account only no debit credit card link that mean i can not make payment when i have no balance.
1 person likes this
@owlwings (43910)
• Cambridge, England
15 Mar 16
PayPal is a safe method of payment. It was set up to make transactions between two people more secure and so that actual credit card or bank information need not be shared with unknown parties. If you do not have credit in your PayPal account, you authorise PayPal to withdraw money from your bank or credit card to make the payment. Unfortunately, in India, the system may not work in this way because PayPal have had to make an agreement with the RBI that any PayPal balance over about $10 MUST be transferred to the person's bank account and payments to be made outside India have to be accompanied by a code specifying the purpose of the payment.
4 people like this
@divssri (971)
• Bangalore, India
15 Mar 16
Thankyou my friend i just want to know that paypal is secured ir not thankyou giving me information.
2 people like this
@dpk262006 (58678)
• Delhi, India
15 Mar 16
Paypal is a secured method of doing monetary transactions. If you do not have money in paypal account, you just cannot make payment through it. You need to transfer money to your paypal account either through your Debit or Credit Card.
1 person likes this
@dpk262006 (58678)
• Delhi, India
15 Mar 16
@divssri You are always welcome to clear any of your doubts about paypal or mylot.
1 person likes this
@divssri (971)
• Bangalore, India
15 Mar 16
You are from india i get better knowledge of paypal from you.
1 person likes this
@Shavkat (140110)
• Philippines
15 Mar 16
I am not sure about that. I didn't put my credit card information in PayPal. I think it is safe to use for your personal transaction.
1 person likes this
@Yar_Joey (3271)
• Philippines
19 Mar 16
at least there should be a dollar in your paypal account, my friend. that is my understanding
@avi256 (8489)
• Pune, India
15 Mar 16
Paypal is just a medium to transfer money to and from our bank account. Because it is linked with our account, we need not share our account everywhere. It is safe and trusted mode of transactions.