On Jul 1, 2005, at 7:14 PM, Graywolf wrote:
To accept paypal you have to give them access to your bank account. Then anything you buy they do an ETF bankdraft and only if that does not go through do they charge it to your credit card. In other words they use your credit card for a back up. Not great if you don't want to use funds in your bank for the purchase. In my particular case this makes no difference because I actually do not have a credit card but a visa check card instead which, of course, drafts my checking account, however I have heard some complaints from folks who thought they were making the purchase on time. There may actually be someway around this but as I said it makes no difference in my own case.
When you pay for something with Paypal, you have the option of specifying which funding source they will use. You can register as many credit cards as you want with them, and choose them instead of your bank account when buying things to obtain extended warranty or price protection, etc, services. I do this with an AmEx card account.
Godfrey
