Home .........Hire Me .........101 Tips
Showing posts with label Paypal. Show all posts
Showing posts with label Paypal. Show all posts

Monday, August 11, 2008

Better Management of Your Paypal Account


Photo Credit Annia316


Better Management of Your Paypal Account

The Internet has radically changed the way many businesses operate. The advent of the worldwide web has enabled freelancers to take up work from any part of the world. The difficulty of making and receiving payments has been reduced by the appearance of sites such as paypal and moneybookers that allow you to make transactions in a jiffy.

For many of you online transactions might sound very dangerous and may frighten you thinking of the possibility of falling prey to hackers and scammers on the net. For this reason, the option of receiving payments on an internet site like paypal may sound very scary and unnerving.

But, if you follow a few simple safety measures, you can remain away from such perilous situations and your money remains safe. You should also be aware of things such as how to set up a paypal account and how to pay and receive money.

Setting up a paypal account is very easy. All you need is an email address for verifications and your email i.d. becomes your paypal i.d. This is what you need to send to your clients to ask them for sending you the money. Alternatively, you can even send a request through the request form available on paypal.

You need to provide details of your bank account which needs to be linked to the paypal i.d. such that you can transfer the money from the site to the bank account. You can get verified by giving details such as credit card so that money transfers can be made from your card too.

A few precautions that need to be followed while using your paypal account
• Always log in from web browser using the link https://www.paypal.com. Never try to enter the site through a link you have received in your mail.
• Keep only small balances in your account.
• Set up a separate bank account to link to the i.d. and withdraw the amount from the bank at regular intervals.
• Check the balances in the bank account and paypal regularly.
• Do not use proxy while logging onto paypal as your account could get frozen.

A few things in mind go a long way in ensuring the safety of your money and peace of mind. It is better to be careful early rather than regretting later.

Tuesday, March 06, 2007

Using PayPal for Freelance Translation Payments?

What Are the Problems in Using PayPal for Freelance Translation Payments?

Almost all in freelance translation jobs are now reaping the benefits of PayPal. It is one of the easiest ways of transacting payment over the Internet. However, there are times when you may face some problems with your PayPal account.

Once you start facing problems with your PayPal account, it becomes a strenuous and time-consuming job to get access to customer care people and amend it properly.

The first thing one need to keep in mind while on freelance translation jobs is to beware of scams. There are a number of people who sends emails as a representative of PayPal. They ask for your credit card details and the hackers are always ready to empty your account.

Instead of using the normal banking procedure, if you make use of PayPal, a number of risks will automatically be associated with it. You may risk loosing all the money you have in your account. Moreover, PayPal is available only in selected countries and operates for a few currencies.

However, if your freelance translation job requires you to use PayPal to receive money and does not have to connect it to your credit card account, your money is relatively kept safer. Keep in mind to receive small amounts at one time.

Avoid keeping large amounts in your PayPal account and withdraw the money as soon as it touches a few hundred Dollars/Euros.

Keep logging in to your account to keep track of received payments from clients according to the set freelance translation rates. Also, mentally be prepared to loose money you have in your account.

However, since PayPal is one of the best ways to transact small amounts in freelance translation services, it is one of the few alternatives you have at hand to avoid paying a huge amount to the back for cashing cheques.