Sending money through PayPal is instantaneous – which means that I can ship your auction purchase faster – and PayPal also increases your safety by keeping your financial account information private. You don’t have to share your account numbers with me when you send money to me with PayPal (unlike making a typical credit card payment over the Web or even when you mail someone a check). PayPal just sends me an email notice that the money has been transferred to my PayPal account but I never see your credit card or checking account information.
It only takes about 5 minutes to create a PayPal account and use it to send money. Here are the four easy steps that U.S. residents can follow in order to use PayPal:
1) Go to the PayPal website and fill out their one-page registration form. Your email address will be your username, and you’ll be asked to choose a password.
2) PayPal will send you an email with a confirmation code in it; click on the link in the email to confirm that the email address that you registered as your username actually belongs to you.
3) Register a credit card with your PayPal account in order to fund your first payment. PayPal immediately gives you a $250 initial spending limit (which you can later lift by completing their Verification process).
4) Type in my email address and the amount of your purchase into the PayPal “Send Money” form and then click "Send". Just like that, I’ll have the money and can prepare your purchase for shipping.
(Note: The steps for residents of countries other than the U.S. to set up an account are slightly different – please see the PayPal website for details.)
PayPal also offers a $5 bonus for U.S. members who open an account and complete the full registration requirements. To find out more about PayPal, you can visit their website at: PayPal
It’s worthwhile to take a couple of minutes to set up a PayPal account. Once you are done, you’ll be able to quickly make any future purchases and you won’t have to take time to enter in all your financial information again.
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