Member-only story
How to get free money from PayPal
Did you know that PayPal sends thousands of dollars every year to their users and they never ask for it back? Furthermore, most of these people are new users who have not built any trust with PayPal.
I know what you are thinking…
“They must have won some sort of Prize?”
Nope.
“Okay, then there must be some sort of glitch?”
No, wrong again!
“Then PayPal is just really generous, and they are giving people free money out of the kindness of their heart…?”
Now you are just having a laugh!
In reality, PayPal’s “charitable” spirit seems to be due to a neat behavioural psychology trick.
When a new user wants to set up their account for online purchases PayPal takes their bank details and very kindly makes two small deposits in their account. Unfortunately, these deposits are limited to a few cents/pence but still…FREE MONEY!
The purpose of such a move may seem a little strange, why give away perfectly good money?
Before you run off and sell your PayPal shares, this move has two very important functions, One is logical and the other psychological.