How do i setup a direct deposit?

Rammy
New Community Member

Okay, heres the deal. I have a Paypal account. It used to be attached to my bank account, but i closed that bank account, and for a while, Paypal was just a stand-alone account for me. I made money from Ebay, which went to my Paypal account, and thats how it worked for me.

 

Now I have my Paypal account connected to my E*trade brokerage account, and i guess that acts like a bank account, in which Paypal has the authority to take funds when needed from the E*trade account, and i can pull funds from the Paypal account when needed.

 

What i want to know is this: Is it possible to setup, through my employer, a direct deposit to Paypal, in where my checks would be directly deposited into my Paypal account? No going through banks or what have you.

 

If so, how?

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2 REPLIES 2

dmartinage
New Community Member

It would be convenient to be able to have my paycheck directly deposited in to my account and I have been trying unsuccessfully to find the answer to that exact same question, too.  I have also been unsuccessful in locating an answer anywhere on Paypal's website nor can I find a way to contact a live person to answer the question!  It would be nice to be able to get some response in a timely manner.  I guess what we'd need is an account and routing number from Paypal for our accounts ... can't find any information on that either.

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surplusdealdude
Advisor
Advisor

It's possible if your employer has a paypal account and is willing to use 'Send money" to send it to you.

 

I haven't met any employers yet that are thrilled with the idea, though.

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