Thursday, September 18, 2008

Getting Paid Through Paypal

How do I get paid by doing homebased online jobs?

Before, my employers send me money through Xoom.com, Western Union, or bank wire transfers. Now, it's through Paypal.

Paypal is a payment method that enables any individual or business with an email address to securely and quickly send and receive payments online. There are no fees and setting up an account is very easy. All you need is an email address.

Once you signed up for an account, you will be notified thru email if you have received or sent payments to other merchants. The amount of funds you have will be immediately reflected in your account summary.

You can withdraw the money you have in your Paypal account by associating your existing local bank account and credit/debit card with Paypal. But first, you have to be a verified member meaning you will be deducted $1.95 by Paypal. Don't worry as this amount will also be credited back to you.

Paypal will deduct a small transaction fee (150Php) if amount withdrawn is below 7000Php. If you still don't have a paypal account you can sign up here.

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