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PayPal question
#11
I was not trying to judge either. If that's what works for him then more power to him. He will have to accept the positives and negatives of this approach.

Most people have answered the original question; if you ask me, continue to pay him in cash. While he may not have a traditional bank account, paypal isn't exactly off the grid either, if that's his goal.
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#12
Funny how the same people who whine and piss and moan and complain about how their bank is screwing them automatically assume that if you DON'T use a banks services, you must be up to no good.

To the original question;
I don't see any real problem with it... as long as you keep an eye on the fees.
He's probably got his PayPal account set up to hold his balance, and probably a PayPal credit card which draws on that balance (I THINK that's the way the PayPal card they keep advertising works... I keep ignoring the ads, so I'm not sure).

If you sign up for a PayPal account, I would suggest opening a separate checking account at your bank/CU to link it to... Extra layer of fraud protection down the line...
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#13
Paul F. wrote:
Funny how the same people who whine and piss and moan and complain about how their bank is screwing them automatically assume that if you DON'T use a banks services, you must be up to no good.

To the original question;
I don't see any real problem with it... as long as you keep an eye on the fees.
He's probably got his PayPal account set up to hold his balance, and probably a PayPal credit card which draws on that balance (I THINK that's the way the PayPal card they keep advertising works... I keep ignoring the ads, so I'm not sure).

If you sign up for a PayPal account, I would suggest opening a separate checking account at your bank/CU to link it to... Extra layer of fraud protection down the line...

Thanx for the advice; sounds good. BTW, he said he'd pay the fee.
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#14


paypal is much more like a bank than some realize...
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#15
Maybe he never takes money OUT of PayPal. He could just use his credit balance to buy stuff from those who accept PayPal.
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#16
No, he pays his brother rent from his PP account-maybe his bro has a PP account too!
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