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Re: A quick question about Paypal

Pay Pal works as a third party that handles the money part of the transaction. People who use it has their bank info as well credit card info so they can use their card, when the other party/business doesn't or can't take a card. It is a secure site with options to dispute and act in the members behalf to settle disputes both parties have to be a member with bank info to send or receive money to the accounts. It is a good way to handle the money part of the transactions if you are in the business of renting your TS often, some people would rather put the rental on a card than lay out the cash. Another point to consider is if you are not a member now, and in your first transaction of receiving money, they will hold the proceeds for 30 days after the transaction is complete, because you have no history with them in transactions. Another consideration is they charge a 3% charge(if I remember correctly) of total transaction I.E. 1000.00=3.00 taken from your part as you are the seller/owner.