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Mini-Quiz: Using PayPal for Online Transactions

by Ron Kurtus (revised 19 November 2020)

Take this Mini-Quiz to check your understanding of the lesson material.

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1. How do you know it is safe to send your credit card number to open a PayPal account?

If the coffee shop has a WiFi service

https:// indicates it is a secure link

http:// means it is safe

2. What type of PayPal account should you use to buy and sell on eBay?

Personal account

Premier account

eBay account

3. What do you need to do to transfer funds from your PayPal to bank account?

Set up a link your PayPal account to your bank account

Open a PayPal Bank account

You can't transfer funds to your bank account

If you got all three correct, you are on your way to becoming a Champion in Personal Finances. If you had problems, you had better look over the material again.

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Resources and references

Ron Kurtus' Credentials

Websites

How Does PayPal Work? - From eHow.com

How Does PayPal Work on eBay? - From Dummies.com

What is PayPal? - From HowStuffWorks.com

PayPal Help

Finances Resources

Books

(Notice: The School for Champions may earn commissions from book purchases)

Top-rated books on PayPal

Top-rated books on Personal Finances

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Where are you now?

School for Champions

Personal Finance topics

Mini-Quiz: Using PayPal for Online Transactions

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Personal Finance topics

Basics

• Basics of Handling Your Money

Earning Money

• Getting a Job
• Income Related to Education
• Paying Taxes

Saving Money

• Saving Your Money

Investing

• Investing Your Money

Spending money

• Buying with a Credit Card

Online transactions

• Using PayPal
• Types of PayPal Accounts
• Send or Receive Money with PayPal

Also see

• Finances Survey Results
• Good Grades in School
• Your Career
• Succeed in Life

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