How Much Safe to Transfer Money From Debit Card to Paypal?

InduKr By InduKr, 12th Apr 2014 | Follow this author | RSS Feed | Short URL
Posted in Wikinut>Money>Credit Cards

One month back I joined a business and now I am facing problem in making payment of loan interest. I made this post for the purpose of getting advice from my friends like you...Hope I'll help me.

Need Help From You

I am scared to use my financial stuff details online. I had heard so many incidence of online security breach.

I had started a business venture one month back and I have to pay some money as an interest of loan I got from a company. I can pay the interest of loan of that company either by Paypal or through Credit Card. I do not have a credit card, so only paypal option left for me.

Since before starting the business venture company did not disclosed that I should pay monthly interest of loan, I did not asked about payment options.

Now company sends me a mail to deposit the interest either through paypal or by credit card. A month ago I transferred all my money to my local bank. I never transferred money from debit card to paypal, so worried that is it safe or not?

Anybody here who transferred money from debit card to paypal? If yes how safe it is and what is the procedure of transfer?


Business Venture, Debit Card, Debit Card To Paypal, Is It Safe, Loan, Paypal

Meet the author

author avatar InduKr
Hi! Basically I am a housewife but doing full time online job. I love writing content for blogs.I love writing on business,beauty, health,insurance/finance and food.

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author avatar Jerry Walch
12th Apr 2014 (#)

Seems to me you're asking the wrong questions here. Transferring money from a bank account to pay is as safe as it gets. Seems to me, since they didn't give you complete information before you agreed to the loan, that you should be questioning the honesty of the company you will be making payments to. As for PayPal....Do you have a PayPal account? If not the first step is to set up a PayPal account and then link your bank account to your PayPal account. The PayPal site gives detailed instructions on how to do all that.

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author avatar Fern Mc Costigan
13th Apr 2014 (#)

Pay pal has worked wonders for me, great piece!

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