OK i am thinking of giving a guy the option of pay pal for my lift and tires. If i do use pay pal how do i get the money from him into my bank account.

 

if you set up an account with them they will explain it i'm sure.

 

it's very easey. he will transfer the money to paypal and than you can transfer it to your bank all with a click of the mouse. they also help in the event that the deal goes bad. i have not need them in a deal yet. but may soon.

 

thanks guys i think i am going to let him do it

 

I have used it on sales over $1000 and had good luck with it.

 

yeah after the shipping costs he'll be over 1,000 i'm betting

 

I opened up a seperate account just for Paypal transactions. I ALWAYS transfer the money to another account immediately. I would NEVER use my primary checking account because if there is ever an issue they will lock your whole account down until the issue is resolved...

 

You might get charged 3% or so just like a credit card merchant account. I sold a motorcycle on Ebay and was charged 3%, read the fine print.

 

If you accept money on paypal they will charge you. If you are the buyer they don't. Setting up the account upgrade to their premier account, ( no cost) or you will not be able to take payments over $500.00. I have countless transactions with them and have never had a problem.