Paypal questions

[FlaMtnBkr]

I have some questions regarding paypal and I have looked over their site and I guess I'm just not finding it or they are hiding it somewhere.

I want to be able to sell off some knives and would like to be able to accept paypal. I have a personal account that I have used to pay for things but never accepted money.

What are the fees? From the for sale area here it looks like everyone tries to get 3% to cover the fees so is this what paypal charges? (I have seen some ask for 4%)

Do you have to have your bank account tied into the paypal account? Do you get a check in the mail or do you have to have an account that it is deposited in?

Anything else I should know about it or is it pretty straight forward?

I feel like I should be able to find this on the paypal site but no luck. Kinda feel silly asking this cause I'm sure its common knowledge. Thanks!

Ryan

 

[Cougar Allen]

 

[frhmotorsports]

Paypal needs to be tied into your bank account and that can take 3 days to do so with verification, ie: they put money in that account and you respond back as to how much.
You get paid a few differant ways. I have the paypal card, like a debit card I get instant money when someone pays me. You can also get the money transfered to your account( 3 days) or a check with a fee. I like the card the best.
The fee is miniumal on paypal charges, closer to 2 percent.
And with paypal you can accept credit cards. Hope this helps