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Paypal ?'s

  1. Mar 28, 2008 #1

    DaveC426913

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    It's been a year or two since I gave up, so I guess I'll subject myself again.

    Why am I unable to add funds to a Paypal account from a Credit card???

    It's like it has never occurred to them that anyone might want to do this.

    I am not about to attach my bank account information to anything online!
     
  2. jcsd
  3. Mar 28, 2008 #2

    Danger

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    I don't know about that. PayPal has a link to my chequing account, and there's never been anything untoward. What I pay for gets debited, and no other shortage has ever occurred.
     
  4. Mar 28, 2008 #3

    Mk

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    I've never had any problems with PayPal. A service like that is probably good if you never have to think of it (opposite, e.g. cell phone company).
     
  5. Mar 28, 2008 #4

    DaveC426913

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    So, no. I can't use my credit card.
     
  6. Mar 28, 2008 #5

    DaveC426913

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    Debit card? Money Transfer?
     
  7. Mar 28, 2008 #6

    Danger

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    My understanding, when I joined PayPal (which, incidentally, was to become a Contributer here), was that you could load up your account in advance using a credit card. It would have to be done in advance of a purchase, though.
     
  8. Mar 28, 2008 #7

    DaveC426913

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    Yes. Fine. Perfect. No problem. Absolutely. I'm with you 100%. Okey-dokey.




    How?


    The idea of add funds from a credit appears an anathema to Paypal to such an extent that they don't even address the issue on their web site. As far as I can tell, it's just never occurred to them.


    Oh wait... there it is. A tiiiiiny little line at the very bottom of the help section, under a subsection of adding funds - a little note that says:

    Note that if you do not wish to add funds to your PayPal account, you may send a PayPal payment using a credit card or Instant (bank account) Transfer.

    Of course, that doesn't mean I can add funds to my account - it just means I can route my payment through Paypal to the seller.

    Too bad the seller wants payment by Paypal - which means of course, that I'm SOOL.
     
    Last edited: Mar 29, 2008
  9. Mar 29, 2008 #8

    DaveC426913

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    What's bizarre is that I actually have a credit card registered with them. It seems to do me no good.
     
  10. Mar 29, 2008 #9
    If I remember right (it's been a while since I used paypal) you can put in your credit card number, and it will charge things to your card when you use the account, same as if you had money in your paypal account. You can also set it up so that money is automatically debited from your account. Or you can add money to your paypal account. I don't have my account anymore, so I can't check for you. My best advice, I guess would be their customer service number/address.
     
  11. Mar 29, 2008 #10

    DaveC426913

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    A pox on you 21st century. Do you see an old man in your rear view mirror choking on your dust?
     
  12. Mar 29, 2008 #11

    DaveC426913

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    Oh for %#@($%*@#&$ sake! That actually worked!

    Now I'm even furiouser! Why upon God's Green Earth would they not spell this out!

    Oh $#@#!!(%)$!!!%@#$!!!&%@#$*%#@!!!!
     
  13. Mar 29, 2008 #12

    Danger

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    Do I detect a note of discontent?
     
  14. Mar 29, 2008 #13

    Moonbear

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    :rofl: Yeah, they make that very difficult to find. They probably lose money on credit cards since the credit card companies charge for vendors to use them, so they want to make it more difficult to use them. I agree with your sentiment about not wanting to link directly to a bank account for something like that. Credit cards come with more protections for fraud prevention and disputing unauthorized charges. If PayPal screws up and charges something you didn't purchase or the wrong amount, it's a lot harder disputing it if they took it straight from your bank account. Not to mention with all the cases you hear about big companies having customer information stolen, I'd rather someone get ahold of a credit card number...again with fraud protection...that be able to directly drain a bank account.
     
  15. Mar 29, 2008 #14

    Doc Al

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    I've been using PayPal for years, having it linked to a credit card. (I assume PayPal gets a cut of any transaction done through them.) As far as having PayPal link directly to a bank account: No way, Jose!
     
  16. Mar 29, 2008 #15
    I'm from the UK and I'm pretty sure my debit card has some sort of fraud protection as well, which is what I use to pay on Paypal. Actually a quick look confirms this, a debit card holder is not responsible for any fraudulent use of his card so provided you still have the card you are fine (do they have debit cards in the US? Debit card removes money straight from your account) you'll also find that if your bank details are used for fraudulent purposes your not expected to pay that either, you should be covered. Credit cards are the same over here, I have no idea what it is like in the US, but the banks here are insured against fraud.
     
    Last edited: Mar 29, 2008
  17. Mar 29, 2008 #16

    Moonbear

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    I don't use my debit card except to get cash out of my bank account. The difference between using a debit and credit card is that if the credit card has an unauthorized charge on it, it comes out of the credit card company's pocket, not my bank account, until the dispute is resolved (they can then go after whoever made the charge). If there is a disputed charge on a debit card, the money is coming out of my bank account and isn't there for me to use until the issue is resolved. Things may work differently in the UK, but I prefer the buffer using a credit card provides...I still have my money safely in my bank account to use as I want if someone goes on a spending spree with a forged credit card with my number on it.
     
  18. Mar 29, 2008 #17
    Yeah what normally happens is if you phone them they freeze the card so that no more money can go through on it, then stop the transactions from going through your account, so that your money is safe, and the charges are then covered by their insurance, your money is then returned to your account. So yeah it's possible that they could wipe out your account but provided you phone the bank promptly this should be a short term inconvenience. I don't use credit cards myself. I don't see the point of paying the fees, it's fine if your the sort of person that has a tight grip on your finances at all times and you can pay the credit off before incurring a charge, but, I don't. So it's just an added expense for me. I tend to save and then buy, rather than being a now, now, now sort of person. If it's a crisis I usually borrow off people I know, rather than take out bank loans as well. But that hardly ever happens anyway. Except the odd ten pounds here and there generally.
     
  19. Mar 29, 2008 #18

    Moonbear

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    Having no funds in your account when your landlord tries to cash the rent check might be more than a short term inconvenience, even if it was only for a day.

    This is what I don't understand about people who prefer debit to credit cards. If you can control your spending with a debit card, why can't you control it with a credit card? There's no added expense if you pay off the amount every month, and if you can control your purchases with a debit card to only what you can afford, why can't you limit your purchases on a credit card the same way?
     
  20. Mar 29, 2008 #19
    Because it's a temptation that I would no doubt use unwisely. I think in the long run I'd probably just end up spending more money on things I didn't really need and paying charges, so I'd be out of pocket.

    As for not being able to pay my landlord, that would be myself, so no problem there. And I'm not sure but the bank could arrange for any outstanding debts to be paid out? Not sure on that though, but I suspect you could arrange for them to cover any charges or direct debits, that go through in the mean time until your balance is restored. Obviously they'd know that the money would be returning to your account so I'd doubt they'd have a problem with that? Likewise any fees incurred to bounced cheques would be waived I would imagine.
     
    Last edited: Mar 29, 2008
  21. Mar 29, 2008 #20

    Doc Al

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    I don't think I've ever used my debit card for anything. If I need cash, I use my ATM card (which I think is also my debit card).
     
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