Question Regarding Paypal

Ok, recently i sold my first item on e-bay and i was payed for it through PayPal, PayPal shows that i have recieved the money, but my bank does not...Does PayPal keep that money in my PayPal account? and if they do how can i get it to my normal bank account?Or does PayPal keep that money until the end of the month?Any info about paypal would be helpful.

You have to tell PayPal to send it to your bank account. If you don't it'll keep it in your PayPal account. It may take up to 3-4 days before you will see it in your bank account.Go to "Withdraw" and choose whichever you want. The first one i'd recommend.

I believe PayPal is like a "Second bank account", if you will. If you want money it in, you need to transfer it from an existing account, same with taking money from the account. But it takes a few days. I've personally never used paypal, and probably never will, but I believe that's how it works.

Ok, if you login to paypal you will see at the top some numerous 'tabs', then there will be some more below. Click the 'Withdraw' button. Now depending on what you have linked to your account there will be some options here. Click the one where you want the money to go to.There may be some fees on the different options depending on how much you want to withdraw. Type in the amount, check, then check again and click the 'Continue' button. There maybe more pages after this, but I haven't done this before, so I do not yet know.Hope this helps you in your E-bay buying/selling!

Ok, recently i sold my first item on e-bay and i was payed for it through PayPal, PayPal shows that i have recieved the money, but my bank does not...Does PayPal keep that money in my PayPal account? and if they do how can i get it to my normal bank account?

Or does PayPal keep that money until the end of the month?
Any info about paypal would be helpful.

To answer your questions more specifically:

YES, the monies are transferred within paypal and all receipts are credited to your Paypal account ONLY.

In order for you to get the money to the bank account, you must log into your Pay Pal account, and from the Overview screen, click on the Withdraw tab. There, you will see several options for your withdrawal. The one you want is "Transfer Funds to Your Bank Account". Select that and follow the prompts. It REALLY does take 3-4 days for the money to transfer so be PATIENT.

The reason for this is OBVIOUS. It sits in Paypal's account for a few days...and they make MONEY off of it..nothing that will jeapordize your balance...just simple banking tricks that keep everyone's money where it belongs, while they make the teeny profits they need to stay in business.

It's a GOOD deal. I love Paypal. Enjoy! If you have any other questions, don't hesitate to ask.

Answers are becoming redundant. Closed.