Tag Archives: PayPal

Use PayPal As A Bank Account

When I first began taking payments online, I chose PayPal for its ease of integration. When a payment comes in, their system calls your script with a HTTP POST. You crunch the data, and the unique code you received in the POST. If everything is fine, they return OK, and basta.

Over time however, I began to realise some additional benefits to using PayPal. My income was in US dollars but my expenses were in British pounds. This meant regularly converting dollars to pounds. If you live and run your business outside the USA it is quite likely that you are in a similar situation. I was interested to see who would give me the best rate, PayPal or my bank. more…