pay pal ?

[pyro]

what is the "money market reserve fund"? is that like a bank, when you have money there it starts getting intrest?? it saids the current yield is 2.70% someone break this down for me. Give me an example or something.
thanks in advance fellow webmasters..

-george

[T69]

If I remember correctly, it's like a 'real' bank account where they pay you interest on your PayPal balance.

Do yourself a favour and have them send you a check for your balance and put it in a real bank account - the PayPal interest rate sucks...

[pyro]

cool, thx

[toker]

Unless you live in a poor country with shit interest rates and want to make something on them US dollar without a risk. If you live in the US your bank is backed by the federal gov so your better off. Paypal is only a good bet for a limited amount of people but it can be very useful to those persons.