Original Message:
Re: Using Pay-Pal when renting (by Joan R.):
Hi!
I'm on the "rentee" side but have a lot of experience with PayPal -- all good.
The way Pay Pal works is that the individual has to use a valid credit card or Pay Via their checking account or by an E-check. The credit card or checking option is credited to your account immediately, but only if there are funds available. (No different than at Wal-Mart or any other merchant.) An E-check usually takes about 4-7 days to clear so allow ample time for that.
I sell and buy a lot from Ebay and always Pay / receive $$ via PayPal and have never had a problem.
Hope this helps!
adahiscout wrote:Have any of you had experience using Pay-Pal when renting a timeshare? I have an account, but have been doubtful about using it. I get so may fake e-mails about my account which pretend to be from Pay-Pal but are NOT!The idea is to have Pay-Pal bill the person renting your timeshare. The payment will show up immediately on the website when it is made, allowing you to go ahead and secure the reservation/guest confirmation without waiting for a check to arrive in the mail and clear the bank.
Would you who are looking for a timeshare to rent feel comfortable about this?
Mary D