how paypal works

[poolboytoo]

If I wanted to buy something from someone on raptorsource how is the transaction made. I have a pay-pal account, but have only used it to pay for raptorsource membership. I see the 4.9% + $.30 fee's on pay-pal's site, but am not sure how to make a transaction. Could anyone give me a clue to how this works? Thanks

[Krandall]

Paypal is just like a middle person. It takes money from the bank account you have tied to it and just routes it to the other person's paypal when sending $$ when it's recieved to the other person, that's when paypal takes its cut of 5% or whatever it is. So most people when they say, you can pay w/ paypal but must cover the costs.. that's what they are talking about..

once it's in their paypal, they then have the option to either.... Leave it in there like a savings acct or move it to their bank acct where paypal AGAIN takes a fee out.

[Peelz]

Paypal is like western union. Only no stagecoach. lol