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Mini-Quiz: Send or Receive Money with PayPal

by Ron Kurtus (19 November 2020)

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

1. Why would you send a retailer money?

People do crazy things

To make an online purchase

To help them grow

2. What is required for a person to send you money though PayPal?

Valid PayPal accounts

He needs your mailing address

People can't send you money through PayPal

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

Link your PayPal account to your bank account

Open a new 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.

Resources and references

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Finances Resources - PayPal


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Mini-Quiz: Send or Receive Money with PayPal

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