Because PayPal is an online money management service and not a bank, it does not overdraft your account.
However, as a PayPal customer, you have the option to link your PayPal account to one of your bank accounts.
You can then use that bank as a backup funding source for your regular PayPal account.
Can I use PayPal with no money in my bank account?
Yes you can if you have a linked bank account or card. You can technically have a $0 paypal balance and $0 bank account balance and the transaction will complete. There are no fees to doing this as long as you have the money to cover the transaction in your bank account before paypal transfers from your bank.
What happens if I have insufficient funds PayPal?
If a payment is funded through a funding source that is a bank account, and that bank account rejects the payment because of insufficient (NSF) or uncollected funds, PayPal at its discretion may attempt to resend or represent the entry up to two (2) additional times.
Can PayPal take money from my bank account negative balance?
If your balance is negative we do not attempt to take the funds from your bank account. It is up to yourself to resolve a negative balance, just to note however if you receive a payment through PayPal this is automatically taken off your negative balance.
Can PayPal charge your bank account?
PayPal doesn’t charge a fee to open a PayPal account. Sending money – Personal payments (feature not available for all countries): There are no fees within the U.S. to send money to family and friends when you use only your PayPal balance or bank account, or a combination of your PayPal balance and bank account.