Originally Posted by zao_cat
How does Paypal work and is it safe. I want to become a premium member so I filled out the paypal stuff and gave them my bank account number. It still says that I am unverified. Does it take a while to become verified?
Check your bank account for a couple of small deposits from them (usually something like .12 cents. kind of thing), then you have to log back in to Paypal and verify it yourself. You need to write down what those amounts are and that verifies it. It may take time for the amounts to show up, so keep checking.
As for your other question about how it works... you put money from y our checking account into the Paypal account and thus are able to buy things, like on eBay, by simply sending the amount from email to email via Paypal. It's easy, and much safer than most payment methods.
And if you ever, EVER get a random email about needing to verify your password and such, don't click on that link... it's a spoof email. Or Fishing, whatever they're calling it these days... log in to paypal, by opening your browser and manually typing the address in, find the page about the scams and there's an email address that you can forward the email to, if you think it's suspicious. If the 'from' address looks odd, it's probably a spoof. I've had a few of those... the amusing thing about most of them is that they send them to email addresses that i don't have linked to my Paypal account... morons. Of course, no one said criminals were smart...
I'm a longtime paypal user... my account goes back to when I started using eBay... in 1999.