Forum: Community Center


Subject: Paypal heads-up

spinner opened this issue on Jun 11, 2004 ยท 22 posts


rdonovan posted Thu, 17 June 2004 at 9:51 PM

In the U.S. they can access your checking account with what they call "Instant Transfers" - the money is debited from your bank account and deposited in the seller's PayPal account. Credit cards can also be used, but the potential for abuse is much higher when they have direct access to the cash balance in your bank. Don't know what the rules are in other countries.