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PayPal as a way to collect league fees?

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Re: PayPal as a way to collect league fees?

Postby clubhouseotter20 » Wed Feb 02, 2011 12:26 am

How safe is PayPal? I've never used but it seems like everyone and their mother uses it for online transactions. Is it easy to set up?
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Re: PayPal as a way to collect league fees?

Postby bigmck » Wed Feb 02, 2011 2:24 pm

Paypal is as safe as your local bank. I have used it for years. It is easy to set up. You need to have a checking account and a credit card. You input your bank account info. When you make a transfer it comes directly from you bank. If you make the transfer as a Personal Gift, there is no charge. You also need to have a credit card as a backup account in case your bank account is empty.
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Re: PayPal as a way to collect league fees?

Postby Zandar » Wed Feb 02, 2011 8:20 pm

clubhouseotter20 wrote:How safe is PayPal? I've never used but it seems like everyone and their mother uses it for online transactions. Is it easy to set up?

They also have fraud protection, it's just like a checking account.
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Re: PayPal as a way to collect league fees?

Postby clubhouseotter20 » Thu Feb 03, 2011 7:37 am

Thanks guys. I am still a little weary when it comes to hooking up my bank account to a website even though PayPal is like the safest way to pay online. Gonna go explore PayPal's site a little more and if I have anymore questions I'll be sure to post here.

Thanks again for your help.
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Re: PayPal as a way to collect league fees?

Postby clubhouseotter20 » Sat Feb 05, 2011 11:13 pm

Question... since I will be accepting money (league fees) from other people, I would have to sign up for the "Premier" account, correct? Or would the "Personal" account work fine as well?
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Re: PayPal as a way to collect league fees?

Postby fast dogs » Sat Feb 05, 2011 11:39 pm

the personal will be fine. as long as they are using the "gift" you'll get the full amounts
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