Paypal must be having a laugh?

GotNoMoney

Paypal didn't work like this ten years ago and I tend to never read the terms and conditions for anything since they are made as long winded as possible to deter people from reading them. It works on me.

I still think "What is Paypal actually there for?" if you don't need to put funds into it.

Doesn't this mean Paypal exists... in name only?!

glentoran99

If PayPal didn't exist how would you send funds for your eBay purchases?

neilmcl

GotNoMoney wrote: »

Paypal didn't work like this ten years ago

I'm pretty sure it did.

GotNoMoney wrote: »

and I tend to never read the terms and conditions for anything since they are made as long winded as possible to deter people from reading them. It works on me.

More fool you.

GotNoMoney wrote: »

I still think "What is Paypal actually there for?" if you don't need to put funds into it.

Doesn't this mean Paypal exists... in name only?!

Maybe you should just read this https://www.paypal.com/uk/webapps/mpp/personal particularly the video of How Paypal works.

wealdroam

GotNoMoney wrote: »

I still think "What is Paypal actually there for?" if you don't need to put funds into it.

Pretty clever this Paypal thingy, isn't it?

It serves a useful purpose, and you don't need to put funds into it.
Brilliant if you ask me.

GotNoMoney wrote: »

Doesn't this mean Paypal exists... in name only?!

No, another mistake you have made.


I thought schools didn't break up until the end of July.

LilElvis

GotNoMoney wrote: »

Paypal didn't work like this ten years ago and I tend to never read the terms and conditions for anything since they are made as long winded as possible to deter people from reading them. It works on me.

I still think "What is Paypal actually there for?" if you don't need to put funds into it.

Doesn't this mean Paypal exists... in name only?!

I've had a PayPal account for around 20 years and it's always operated in the same way. I've never added funds before making a payment to a third party as PayPal take the money from whichever funding source I choose - bank account or credit card.

I use PayPal when I'm making one-off purchases with sites. And for eBay - obviously. It's also handy for making quick payments to friends.

And you should always read the terms you are agreeing to - or you might find yourself in another financial pickle.

Crouching_Tiger

Hello

I need some help with PayPal invoicing.

I currently use a package called Hiveage which I find really good but I want to try and bring everything together.

Hiveage Example

Item is £45.83 plus VAT (£9.17) = £55 (RRP)

Paypal removes VAT from the sale price and is therefore £11 i.e. 20% of £55.

Has anybody else come across this and does PayPal have a function to do this?

Thanks

CT

neilmcl

Crouching_Tiger wrote: »

Hello

I need some help with PayPal invoicing.

I currently use a package called Hiveage which I find really good but I want to try and bring everything together.

Hiveage Example

Item is £45.83 plus VAT (£9.17) = £55 (RRP)

Paypal removes VAT from the sale price and is therefore £11 i.e. 20% of £55.

Has anybody else come across this and does PayPal have a function to do this?

Thanks

CT

Not sure what you're asking. Any of my transactions where Paypal have displayed Tax (ie, VAT) the amount has been calculated correctly.

AFAIK Paypal only displays the tax amount that have been sent to them from the seller.

robatwork

GotNoMoney wrote: »

If you have funds in Paypal, they IGNORE IT and take the amount from your bank regardless, which means 2x the amount got withdrawn, one by you to Paypal and one by Paypal from your bank!

I bought 2 things on Ebay yesterday, and paid with Paypal.

The first it clearly showed "Pay with paypal balance" when I selected Paypal.

The second it clearly showed "Pay with funds transferred from bank debit card ending in 5713" when I selected Paypal.

What did it show when you made your £25 purchase and had £25 paypal cleared funds?

custardy

GotNoMoney wrote: »

Paypal didn't work like this ten years ago and I tend to never read the terms and conditions for anything since they are made as long winded as possible to deter people from reading them. It works on me.

I still think "What is Paypal actually there for?" if you don't need to put funds into it.

Doesn't this mean Paypal exists... in name only?!

Yes it did. You didnt have to pre load paypal then either.
Paypal are the payment processing service.
When you pay by card instore. Do you just show them the card and the money mysteriously pops out of your account into the retailers?

Sicard

custardy wrote: »

Yes it did. You didnt have to pre load paypal then either.
Paypal are the payment processing service.
When you pay by card instore. Do you just show them the card and the money mysteriously pops out of your account into the retailers?

It does with contactless payments.