Occasionally, I sell something on Ebay and receive credit in my Paypal account. I then use it for buying other items on Ebay, rather than lose some of it by drawing it out. Recently, I have used it to pay MTFCI dues, and purchases from Fun Projects (John Regan) like generator regulators and such.
What other vendors use Paypal?
Pay pal does not charge to transfer money to you bank account. The only hang up is it takes a few day to do the move.
Correct, Paypal does not charge to move the money into your account. If, however, someone pays you money for an item, a percentage is taken for the convenience of using the service.
William that is correct. Jim's statement in the first entry is "rather than lose some of it by drawing it out" is what I was correcting. Most people forget that when you use a credit card (or Paypal)to buy something the bank (or PayPal) charges the seller a % of the total.
Personally, I look for the PayPay logo when I'm shopping for things on the net.PayPal has my "fun money" most of the time.
As a seller of "things" on ebay/Tbay I like it because if I'm paid fast I can ship and get the part etc. out of my way. The way I look at it is I've already sat on whatever it is I'm selling for at least a week and I need to get it gone.
I've never had a problem with PayPal. "knock on wood"
Scott; right on! Ok back to the question, do any of the parts supply houses like Lang's or Mac's etc take Pay Pal?