What does the "direct debit instruction" mean when you are adding your bank details?

zanshe
Contributor
Contributor

What is the essence of adding my bank details to paypal?

thanks in advance

zanshe

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4 REPLIES 4

minty1
Advisor
Advisor

Hi zanshe

 

When making a purchase if your ppal account is empty, the payment will come from your card/bank if it is linked to your ppal

 

Also:

What is PayPal and how does it work?
 
PayPal is a safer, simpler, smarter way to send and receive money online.

You can use PayPal to shop on eBay as well as thousands of other websites, or to send money quickly to anyone with an email address. You can also use PayPal on the high street where the number of shops accepting PayPal is growing.

Paying with PayPal is also faster. Once you’ve linked your card or bank account to your PayPal account, you won’t need to provide all of your card details every time you shop online. PayPal remembers all your financial details, so you don’t have to, and we’ll never share them with anyone.

Signing up for an account is easy, and it’s free. All you need is an email address.
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zanshe
Contributor
Contributor
Are there any charges associated with linking your acount apart using my bank acc to fund my paypal acc? thank you.
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minty1
Advisor
Advisor

From what I remember there is no charge

You should be walked through it step by step if there is it will say

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SgtSixpack
New Community Member

I signed up for Paypal in 2006, and sold some stuff on ebay.  I was charged for using ebay and paypal's services.  That's fine but the next month when I did not use Paypal or Ebay I was charged an additional ammount.  I have no idea why they would not just charge me in the month before.  For this reason I removed my bank account details from paypal.  They sent me reguarly emails asking for their £3 odd which I eventually paid after 6 months to a year of emails.

 

I see no reason to set up a direct debit between paypal and my account.  Paypal incentivise it by offering to make transaction free payments to family and friends.  I have linked my debit card so I can sell something on ebay, I hope this nonsence won't happen again.

 

Sorry for thread resurection got here from google.

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