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What is PayPal – FAQ
- What is PayPal?
- Is PayPal safe??
- How to add a Credit Card to my PayPal Account??
- Can I add a debit card to my PayPal account?
- What if I don’t have a credit card?
- Can I add any credit card to my PayPal account?
- How long does it take to activate my PayPal account?
- What about commission and other hidden charges?
- Can I open a PayPal account from Sri Lanka?
- Can I receive money via PayPal, if I’m a Sri Lankan PayPal user?
There are several instances where you need to make online transactions. Mostly you need to make some online payment to buy a good or service. In this situation the medium you can use is credit card. But how much you can rely on the seller?? What if the seller gets the Credit Card number and misusing it later on??
PayPal is coming into action in this situation. If you’re buying using PayPal then you don’t have to show the credit card number to the seller.
Hell yeah! Don’t worry about it. PayPal is the owner of Ebay.com. So you don’t have to worry they’ll not cheat on you.
When you sign-up for a PayPal account, by default PayPal will ask for your credit card number.
If you missed to add your credit card when you sign-up later you can log into your account and add a credit card.
Yes you can add a debit card to PayPal but make sure your debit card is international debit card. Most of the debit cards given by Sri Lankan banks are local debit cards you can’t use them for internet transaction.
You can go for Sampath Bank’s Web card. When I was studying in school I used Sampath web card as my primary card to make transactions online. Read more about Sampath Web Card.
As long as it’s a valid credit card you can add it to your PayPal account. It can be a HSBC Visa card, Commercial Bank Visa card, Master card or even American Express.
It’ll be activated instantly. You can use it just after creating the PayPal account.
As a buyer you don’t have to pay any commission to PayPal, but those who receive money via PayPal will have to pay commission to PayPal.
Yes
No, you can’t receive money. You can read my work around to check how to receive money via PayPal and get it down to your local bank.
Still have questions?? Feel free to ask me in the comments section.
Pre-Paid VISA Credit Card in Sri Lanka
Q) I don’t have a credit card. How can I make online transactions?
Thilanka, Colombo 13.
A) Don’t worry. When I was studying in university I couldn’t prove my income level so I didn’t get a credit card. Later I was so desperate for a credit card to pay for my domain and hosting fee.
One day one of my friends working in Sampath bank told me about Web Card. Web card is a prepaid VISA credit card. You can use it to do online transactions such as buying a domain, hosting or buying a piece of cake from kapruka or order a MP5 player from eBay.
WEB CARD
You can enjoy the glory of Credit card using this web card. The process to apply for this card is very simple. Easier than opening a saving account.
Check out more about Sampath Web Card.
If you have any questions, please do write to me at mayu at mayuonline.com or leave your question at http://mayuonline.com/forum
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