you can send or recieve payments. the send a payment you can either pay through paypal with a checking account or credit card or you can place money into your paypal account. You can accept payments from other people using their paypal account but if you dont pay for a certain service you can only accept so many without a fee. If you go to paypal's website it explains it much better than I did and goes into deatail about the fees and such.
at 7:47 PM on Jan. 2, 2011