Hi this is Joel R., I let my friend use my PayPal account to order something and then I went to order something and it automatically charged his credit card. I need to have Melvin F.’s billing info removed from my PayPal so I am not using his credit card when I am ordering things. I am not sure how to do this my self thanks.
Dear Joel, thanks for the question.
First of all, you will need to check if the card has been saved in your account. PayPal now allows non-registered users to make payments using their cards without signing up. If they want to save the card and if they want to receive money, they would need to sign up and the procedure for this is very easy.
To check if a card has been saved, login to your PayPal account and click on “My Account”. Under this, hover the mouse cursor on “Profile”and select Link/Edit Credit Card. This will display all the cards linked to your account. So, if your friend’s card is listed there, simply click on “Remove” in the “Action” column, for that particular card. You will be asked to confirm your action, click on “Remove”.
For the fact that his card was charged, it has probably been automatically added to your account, because a PayPal account is meant for personal use and one is only supposed to use cards they own.
In closing, I would like to suggest you to use PayPal for yourself and not let anyone use it for their transactions. It is just like a bank account; would you allow anyone to use your online banking account after you have logged in to it? The same should be true for PayPal as well.
The technological innovator, Ribbon that launched the in-stream payments option and invited merchants to sell products on Facebook, Twitter, YouTube and their own websites has another great service to offer to American residents. It is the peer-to-peer money transfer service, compared to PayPal and Stripe.
They intend to simplify the complex world of payments. For merchants, they have the platform to sell on social networks and on their own websites, but for everyone else, they have a way to send and receive money online, on any device.
It works really amazingly and the users get a unique link to their profiles that can be shared for senders to send money to them. For example, if my username is waseem, my profile is at ribbon.co/waseem. Senders can pay using their Ribbon account balance, a debit card or a credit card. Another great feature is that if the sender appends the URL with the amount, the amount is pre-filled when the profile loads. For example, ribbon.co/waseem/5.50 pre-fills $5.50.
Ribbon users can send money to anyone with an email address or to the recipient’s Ribbon account. If they have a Ribbon account, recipients receive the money in their account. Otherwise, they can follow the instructions in the email to claim the money using a bank account or a credit card. Limits apply for unverified users to cash-out money from their Ribbon balance, which is $500 a month. Verified users can cash-out as much as $10000. They can cash-out to any US bank account and most major credit cards.
No fee is applicable for using a debit card with a Ribbon account, but a 3% fee is applicable per transaction for credit cards. The service is not available on demand, if users have not yet signed up. They would have to request for an invite by entering their email in the ‘Reserve your Username’ field here.
The service is really great as it does not require both the sender and the recipient to have a Ribbon account to send or receive money; only one of them needs to have an account with Ribbon. The fact that registrations are delayed hints that there is a huge demand for the service. Currently, the service is available in the US only, but maybe expanded with time.
Gostaria de saber se: http://safecashtransfer.com/ pode me ajudar – Criei uma
conta em Perfect Money e preciso enviar pelo menos 200 dólares sacando do meu
Visa internacional. É possível? E como devo proceder se minha moeda é o Real
do Brasil? – Aguardo sugestão. Obrigado – Alberto Miranda
I ran this through Google Translate and got the following translation from the Portuguese:
I wonder if SafeCashTransfer.com can help me – I created a
Perfect Money account and must send at least $ 200 of my whipping
Visa International. Is it possible? And what should I do if my currency is the Real
Brazil? – I await suggestions. Thanks – Alberto Miranda
Alberto, it doesn’t look like you can fund your Perfect Money account with a Visa card. You need to do a bank transfer, or convert from another digital currency like WebMoney. You could also try an alternative e-currency service like Paypal (the leader in the field).
I had actually never heard of Perfect Money, so I looked them up.
Perfect Money (http://www.PerfectMoney.com) is apparently an e-currency or digital currency provider registered in Panama and headquartered in Zurich, Switzerland. They also offer currency conversion and prepaid cards.
Digital currencies are accepted by some legitimate businesses, though not many. Mostly they are used to pay contractors and buy products from individual sellers. They are popular among online criminals (drug dealers, scammers, hackers) because they do not require any form of identity verification.
Many of the clients of Costa Rica-based Liberty Reserve – which was known for catering to cybercriminals and was shut down when the founder was arrested on money laundering charges – have migrated to Perfect Money. In an apparent bid to avoid investigation by the U.S. Justice Department, Perfect Money declared in a release on their website that they would not accept user registrations from the United States.
That’s not to say that Perfect Money’s service is not legitimate. By all appearances it is. Here’s some specific information on the service, taken from their website and other sources:
USD/EUR , EUR/USD
At market rate
Added to balance:
4% per year
from 3.75% + bank fee
So if you use Perfect Money to send money to someone else with a Perfect Money account, the company takes 0.5%. That could be quite low or quite high, depending on how much money you’re sending. On the whole it’s a very reasonable fee.
You can deposit funds into your Perfect Money account by the following means:
1) If you have some other electronic currency you can exchange it for Perfect Money currency.
2) Bank transfer: Minimum sum of deposit is $300 USD.
You can withdraw funds from Perfect Money by the following means:
1) Exchange for any other electronic currency (for example, PayPal) and then withdraw in any exchange office in your city.
2) Bank transfer to your account via exchange offices that are partners of Perfect Money. I would not recommend that you withdraw on your bank account directly via Perfect Money. In my opinion, the system charges too high a commission for such a service.
3) Cash transfer via Western Union and MoneyGram.
If any readers have experience with Perfect Money, I would love to hear about it. Did you find it easy to use? Did you have any problems? Was it affordable?
I’ve received some odd messages from visitors to this website. Here they are, along with my answers:
Hugh McIntyre wrote:
I received a message to activate my Paypal account. When I attempted to do so I
received a message that my account had been blocked. Can you explain and correct
Hugh, you should contact Paypal customer service. They can tell you why your account has been blocked. My experience has been that when Paypal deactivates an account, they almost never open it again. They are very stubborn about that. But you never know. It’s worth a shot.
Actually, I just had another thought. Maybe you logged in with the wrong username or password, and it was your login that was blocked. In that case, go to Paypal.com and click on the “Problem with login” link just below the login button. You’ll receive instructions on how to recover your password.
– Wael, SafeCashTransfer.com Editor
Robert G. Schulz wrote:
New expiration date on my Visa card
(date removed by Editor)
Robert, I don’t need to know the expiration on your Visa card. I think you have mistaken this website for some other website or service. – Wael, SafeCashTransfer.com Editor
anthony j popps wrote:
i contacted a bank nearby and will have an appoinment.this week .I sort of have
a good idea for the two bank accounts. my scotia bank was closed nbecause i was
told that there was a 2 hr waiting period after the 10 day wainting period.
Iemailded you dozens of times about it and NEVER got a reply but your mailbox
unless it was deleited. Go to my FIRST transaction and you will find that my
account was blocked because of a lie to begin with made me fight because of one
of your staff. SO GO AHEAD.I'd be satisived without causing A lot more Plus I
made apurchess at amazom and have notice that i have to set up a new bank
acct...............aj popps .....THANKS FOR ALL T%HE HELP. Soon I will be free
to se3ll on eBay..I'm almost there once my new account is opened. If you check
with amazon. all things is there . my martial arts supplies and my Nikon cameras
which all were stolen. You pressios people helped a dissabled person have a life
now that nI can do something with it. YOU CAN'T BUILD a home without a hammer
and saw. THANKS A WHOLE BUNCH.........AJ
Anthony, I don’t know who you emailed but it was not me. I don’t really understand your question. Sorry to hear that your martial arts supplies and cameras were stolen. Best of luck to you. – Wael, SafeCashTransfer.com Editor
berit norlen wrote:
Hi I like to have a Paypal account How do I get that I send for vidal sasson
shampoo and now I have to pay for it thru Paypal tell me what to do Berit
Berit, just go to Paypal.com and open an account there. You will have to fund the account with your bank account or credit card. If you cannot open a Paypal account for any reason, maybe you can contact the company that you ordered the shampoo from and see if you can pay by check, credit card, Google checkout, Western Union, or some other method. – Wael, SafeCashTransfer.com Editor
Bankrate.com published an article by Diana McLaren in which she discussed safe ways to transfer cash or send money. She talked about Western Union at length, but also explored other safe cash transfer options, including Canada Post and Paypal.
Here’s the story:
Safe ways to send cash
There are lots of reasons to send cash these days: online and mail-order shopping, bill payments or bail-out loans to kids at college. And along with the ever-increasing reasons to send money, there is a growing number of ways to do so.
Western Union safe money transfer
One of the oldest ways to send money — 100 years old, in fact — is Western Union. Today, the company offers a variety ways to send cash: in person at a Western Union agent’s location, by telephone and over the Internet. Figuring out the finer points of each can be a bit confusing, especially since stated Western Union policies sometimes seem to conflict with information given by individual agents. These agents, located worldwide, operate as both sending and receiving depots and are found in such places as variety stores, supermarkets and money service operations.
Western Union lets you send funds using cash, debit or Visa, but this depends on what the individual agent offers. At some, it’s strictly cash-only, while at other locations debit and credit cards are accepted, though one Toronto agent quoted an additional nine per cent fee to send via Visa. On the other end, the recipient will get cash, a Western Union cheque or some combination of the two. Just how much of each depends, since it’s not cast in stone. Again, it’s pretty much up to the discretion of the agent on the receiving end.
Both senders and receivers fill out forms, and identification can be required of both. Just what type of ID is acceptable is the agent’s call, although most require government-issued photo ID. One Toronto agent erroneously stated that provincial health cards are “no longer accepted, it’s the law,” but Western Union’s stated policy says recipients can “answer a test question” in lieu of having proper photo ID.
The cost of sending money
The cost to send cash with Western Union varies with the method used for cash transfer. Using $150 sent within Canada for comparison purposes, the cost would be $18 if sent through an agent and $35 if using the online or telephone systems. The quote for telephone service “may vary according to sender location and is subject to change without notice,” according to Western Union’s info line.
Money sent in foreign currencies will carry an exchange rate set by Western Union. Again using our $150 example on a specific date, the rate for U.S. currency quoted by the Bank of Canada was 0.8951 while Western Union charged 0.86. The difference is “how we make our profit,” according to one Western Union customer service representative.
At Western Union’s currency rate on that date, it would take $174.60 to send $150 to the U.S., plus a $27 transfer fee ($8 cheaper than sending within Canada), for a grand total of $201.60.
There are no limits to how much money can be sent using the agent method (although increased security measures apply on higher amounts). Online transfer limits are $500 within Canada and the U.S. and $999.99 internationally.
On the recipient’s end, the money is available within minutes. However, accessibility for pickup will depend on the receiving agent’s hours of operation. You should call and check this out with the agent in question since actual hours don’t always match those stated on Western Union agent listings.
Not the only game in town – Canada Post
Western Union isn’t the only money transfer system that’s been around for a good long time. Canada Post still does a pretty good job of delivering the mail, and cheques or money orders sent that way are an economical way to go. Postal money orders cost $3.95 within Canada and $4.95 to the U.S. If you are going to register your letter, this will add to the cost, but it will offer peace of mind. And while sending cash isn’t illegal, it isn’t advisable, since there’s no paper trail should things fall into the wrong hands.
Banks also offer money orders (for between $6 and $7) and wire transfers. Better yet, if the recipient banks at the same institution as the sender, there are Interac e-mail money transfers. These cost only the network fee of $1.50 to send. There’s a security Q&A to ensure the person on the receiving is the one intended, and stop payments can be made for $3.50.
To send, the sender and recipient both need an e-mail address and a personal Canadian dollar bank account. The participating financial institutions are Bank of Montreal, Scotiabank, TD Canada Trust, Royal Bank and CIBC except for President’s Choice Financial.
For sending to someone outside of Canada, banks offer wire services for about $30. The cost depends on the amount sent and where it’s going. Wires can be used within Canada but are a somewhat costly choice so they aren’t the method of choice.
“Interac is associated with the established banking system, so there’s a level of trust built into it,” says Peter Hope-Tindall, a security expert in Toronto. “Personally, I’d be very worried to use one of the money transfer services offered on the Internet that isn’t connected to Interac.”
Paypal for cash transfers
Hope-Tindall says the one service he has used with success to transfer money to vendors is PayPal, although he hasn’t used it to transfer cash to a person. PayPal now offers free online money transfers to individuals. Both parties need a PayPal account and the money can be sent from a bank account, credit card or PayPal balance.
While PayPal is a widely used service for online purchasing, and is now owned by eBay, there have been problems in the past concerning withholding of funds or freezing of accounts.
A further option to send funds, especially appropriate for frequent transfers to the same person, is to set them up as one of the prelisted payees in your telephone or online banking portfolio. In fact, that’s how Hope-Tindall transfers his five children’s monthly allowances to them.
Diana McLaren is a writer in Toronto.
— Posted: Sept. 27, 2006