Can I Just Keep My Money in PayPal?
I'm starting an online business. I currently travel/live between two countries - South Africa and Canada. I have a bank account in each, but would like to know if I could just keep the money I make through my online business in PayPal, and not move it into either a SA bank account or Canadian bank accont (at least not until later...maybe after a few weeks/months?). Does PayPal have a policy for how long you can keep money in your PayPal account before it must be moved or something?
Other - Internet - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Crazy - PayPal are notorious for keeping YOUR money if there's any dispute. Take it out and use it to get interest on it from a bank, at the very least! - That's what PayPal do with YOUR money while it's in THEIR accounts. I'm not sure how it would effect your company accounts either. Can't be easy though...
2 :
I can understand the convinience, just get a paypal card that feeds from the account.
