PayPal

[calendria]

 

I did not become effected by this.  It already said PayPal Cash Account when I checked it .

Never added or changed anything!  Some had to because they never set it up.

[pstovall]

I just went to my PayPal account to see if it looked different.  I do have a "transfer" button, but it all looks pretty much the same.  I pay 2 subscriptions each month through PayPal, and they are still listed as active.  PP would have to have some way to hold money in your account if it were going to continue to pay automatic subscriptions.  So, as of right now, I feel like PayPal will operate the same as in the past.

[countrygirl12]

I did not become effected by this.  It already said PayPal Cash Account when I checked it .

Never added or changed anything!  Some had to because they never set it up.

SMH That is the point. Nobody understood nor do they still understand what it means. I still did not set up a PP Cash account.  I have not changed anything.  And the only difference was when I logged in it asked me to "accept" the money which I did then transfer it to my bank account.

From what I am seeing it is not going to effect you if you just use PP to to receive money and do not use it to make any payments.

[countrygirl12]

I just went to my PayPal account to see if it looked different.  I do have a "transfer" button, but it all looks pretty much the same.  I pay 2 subscriptions each month through PayPal, and they are still listed as active.  PP would have to have some way to hold money in your account if it were going to continue to pay automatic subscriptions.  So, as of right now, I feel like PayPal will operate the same as in the past.

You are wrong.  If you use PayPal to make payments then you will need the "hold and balance" account.  Whatever that is.

I do not know how so many of you all did not receive all the emails.  Unless you flagged them as spam at some point.  I received several.

[countrygirl12]

When I logged in yesterday it was different.  So I am not sure what will happen the next time I have a deposit made in to the account.  Guess we will see.

[Mizzkizz7]

I don't like that Paypal has a fee.

[heypeg]

This is why I use direct deposit.

[1imaginarygirl]

I don't like that Paypal has a fee.

A fee for what? I've never been charged a fee.

[fillfran82]

I am sure a lot of you are using PayPal as your method of payment.  If so I am sure you are receiving the emails about the coming changes.

Do any of you who use PayPal understand and can tell me in PLAIN ENGLISH what the crap is fixing to happen?  I do not know what a "balance and hold" account is.  I have talked to 3 customer service people who do not seem to have a clue.

One thing seemed to say that a balance and hold account will be made for you and connected to your account.  I am just trying to understand if I will still get paid the same way and then transfer to my bank the same way.

One customer service agent told me you would have to "accept" when payments are sent to you and then it will immediately transfer to your bank.

Another told me when payments are made it will be immediately transfer to your bank and you do nothing.

A third told me the emails are a hoax and to ignore them.   

Hello!

I believe I have received the email but haven't really looked into it. I don't think a whole lot will change though.

[MichelleHW101]

Yes, I've gotten them.  Read them a zillion times and still don't get them.  Whoever writes these things apparently doesn't understand the simplest form of explanation is the easiest to understand. 

[ghunter]

I  use PayPal and the rules are the same as far as I understand.

[ghunter]

I  use PayPal and the rules are the same as far as I understand.

[countrygirl12]

I don't like that Paypal has a fee.

A fee for what?  I have never paid a fee.  FC deposits my money and I accept the payment and transfer it to my bank account.  I have NEVER paid a fee for anything.

[countrygirl12]

I  use PayPal and the rules are the same as far as I understand.

No they aren't.  A lot has changed.  Use to I could get paid from FC and let the money sit there for a couple weeks while I waited for other payments to come in.  I can no loner do that.  If you just have a regular paypal account you cannot hold a balance in your account.  When you accept the money you must transfer it to your bank.  Unless you have the cash account.  Which I do not have.  Most people have have that.  If so then it doesn't effect them.

[betlynjua]

I don't like that Paypal has a fee.

A fee for what?  I have never paid a fee.  FC deposits my money and I accept the payment and transfer it to my bank account.  I have NEVER paid a fee for anything.

On my last 2 cash outs from my earning sites, I 'accepted' the money into my paypal account.  Then I transferred the cash into my bank. 

Since the update to paypal, I have had the option, on both of these cash outs to either transfer my cash to my bank with the typical one to two day waiting period before the cash hits the bank account ( it usually takes less time ).  That option is always free,

Or I had the option of paying a small fee - a percentage of the cash in the account - to have the money immediately available in the bank account. 

It's totally optional, you never have to pay a fee but it's available if you need the cash right away.