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Topic: Paypal.
Message: Posted by: Jonas (May 26, 2005 10:01AM)
Ok, I am going to get a paypal account soon, just curious how it all works.

Does it cost anything to sign up?

Can I make the account, and someone puts money on it in like 30 minutes from now?

What do Paypal earn on it? I mean, they cant hold such a huge service and earn nothing. A friend of mine though there was a monthly fee.

How does it really work?

If there is a monthly fee and there is no money on the account, will the account be deleted? Or will the money just be taken from the account as soon as I put new money in?

Paypal is a must these days IMO so I thought I'd sign up.
Message: Posted by: Corey Harris (May 26, 2005 10:09AM)
There is no monthly fee. It is free of charge. you do have to enter either your credit card or a checking account. You don't really keep any money on paypal, it is just a source for electronic transfers. Most of your questions can be answered on the pay pal website.