real pals don’t make you pay

PayPal Takes Bite Out Of User's Funds, Calls It 'Rolling Reserve'

PayPal Takes Bite Out Of User's Funds, Calls It 'Rolling Reserve'

In addition to tacking on some sneaky new fees, PayPal apparently has instituted another off-putting practice on some accounts. According to reader Melissa, the online money changer was taking 20 percent off of her monthly sales and keeping it in reserve in case a customer initiated a chargeback.

Now You Can Deposit Your Money Directly Into Your Xbox 360

Now You Can Deposit Your Money Directly Into Your Xbox 360

If you were sitting there staring at your Xbox 360 thinking, “Ya know, I really wish there were a way I could start getting you to take money directly out of my checking account,” your dreams are realized. Microsoft is now taking PayPal deposits to buy downloadable content.