Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

PayPal allows itself to pull money out of a bank account associated with the account as required.


Yes. The real solution is to have two separate, linked bank accounts, only link one of them to PayPal. Set PayPal to sweep into bank account A daily, and then have your bank set up an automatic sweep from account A to B either daily or as it reaches a threshold.

However, even if you don't do this, PayPal transactions are via ACH (actually, this isn't a PayPal-only thing - technically anyone with your ACH account info (the stuff at the bottom of your checks!!) can push/pull money into/from your account, it's the nature of the beast) and that has many failsafes and undos available, though it is a real PITA.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: