PayPal Cash?
- Thread starter Verrt
- Start date
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No clue. I rarely use PayPal
Me neither. I sell some (mostly bike related) shirts and things online and usually just let the pennies stack up in the paypal account and then spend the few bucks I have in there whenever I happen to have if I ever need to pay for something with paypal.
But this time paypal is now saying I can't use that money unless I sign up for PayPal Cash, which looks suspiciously like a bank account.
Never been a fan of them. They burned me for several hundred dollars back in their infancy and I swore them off for years. Just recently used them a few times
I've never used PayPal Cash, but I have happily used PayPal since it started in 98. I bet I have thousands of transactions with it, both sales and purchases. My PayPal is tied to my checking account, but I never keep a balance on PayPal itself.
So why are the effers locking up my money. Probably some stupid illinois thing
Is it a brand new account?
It's been since 98 that I have had to deal with a new account, but I know from others that there may be some minimum requirements that PayPal needs before you can start using their services.
I never keep a paypal balance, so I have what they call a Personal account. I always transfer money received straight to my checking. When I pay with paypal, it pulls money straight from my checking.
I just pulled this from their site. Looks like if you want to keep a balance with them, you have to set it up as a PayPal Cash account.
I just pulled this from their site. Looks like if you want to keep a balance with them, you have to set it up as a PayPal Cash account.
U.S. personal account holders who want to keep money in PayPal or use other features that rely on a balance need to have a balance account linked to their personal account. PayPal offers two types of balance accounts: PayPal Cash and PayPal Cash Plus.
Customers who don’t have a balance account can still use their personal PayPal account to:
- Send money to someone or spend online using linked banks and cards
- Receive money and transfer it to a linked debit card or bank
- Split a bill or send money cross-border using linked banks and cards
- Sign up for and use PayPal Credit
- Set up a Money Pool
Yeah, I just read the same thing. I now realize can transfer it to my bank without opening paypal cash. But they don't make it obvious.
I guess that's the end of my 'tshirt money = bike budget money' system. It'll all just disappear into regular money now
Not worth giving paypal my SSN for.
I guess that's the end of my 'tshirt money = bike budget money' system. It'll all just disappear into regular money now
Not worth giving paypal my SSN for.
Rat Rod
Owner & Founder
You can also get the PayPal MasterCard Debit Card that allows you to spend the money from your account or withdraw it from an ATM.
https://www.paypal.com/us/webapps/m...2HfL8zqLETh_8sK8rpvddLGHVDaTadPhoCKOIQAvD_BwE
I've used mine for several years now and it works awesome.
https://www.paypal.com/us/webapps/m...2HfL8zqLETh_8sK8rpvddLGHVDaTadPhoCKOIQAvD_BwE
I've used mine for several years now and it works awesome.
Threadless already snitches on me to the guvment about my tshirt money anyway.Watch out ! Form 1099 coming !
