Google AdSense and
PayPal are two
completely different
things, just the way, say,
apples and oranges are.
GOOGLE
Google is, of course, the
behemoth search
engine of the Internet
world. Users go use
Google to search for
whatever it is online
they're looking for.
Because so many
people use Google, they
sell ad space to
companies wanting to
attract customers. The
aim, in general, is to
have ads on Internet
pages where people
have already indicated
the likelihood of having
interest. (The person
who does a Google
search for "blue shoes"
and finds a site with
articles on blue shoes, is
likely to click on ads
selling blue shoes or
some product
associated with them.)
Every site on the
Internet offers the
potential of having
viewers see (and maybe
click on) ads; and
provided the site meets
Google's basic
standards, any site
offers Google and the
people who pay Google
to advertise their
products/services yet
more Internet pages
that may attract yet
more people to see the
ads.
As incentive for having
Google's ads placed on
anyone's pages/site,
Google pays people
who sign up to have ads
on their site, based on
how many people see
and click on any ad, but
also on how much they
can sell the space for.
When you have a
Google AdSense
account it means that
you have signed up with
Google, had your site
approved, and have
agreed to have ads on
your site. With a Google
AdSense account, you
have some control over
the size, color, and
placement of ads; and
Google's technology
"figures out" what any
page has on it in order
to determine what ads
may do well there.
With a Google Ad Sense
account, you can
arrange to have ads
placed on more than
one site that is yours.
Each of your sites (each
different URL) is "seen"
by Google as a separate
one. You can have y
our own website(s),
blog(s), or individual
pages on a site like
HubPages. People who
posts videos or
otherwise attract
anyone to view any
page can generally have
Google ads.
With a Google AdSense
account, although you
are not an employee of
Google, you do give
Google your tax
information, mailing
address, and, if you
want, a bank account
number so they can
deposit earnings
automatically (once
your account has the
minimum payout
amount of $100).
Google does report
your earnings for tax
purposes, however,
which is why you are
required to offer your
identifying taxpayer
information. Signing up
to be paid for having
ads on your site is
similar to signing up to
do temporary contract
work (without the
option of signing up for
any health insurance).
You are essentially a
manager of all ads on
your site and the
degree to which you
keep track of your
URL's (channels, in
Google terms), although
you don't have the
choice about which
products/services are
offered in Google's ads.
Google offers you the
ways to see how much
you have earned on
which site, how much
each site earns you on
any given day, and "all
things Google" in terms
of ways to increase your
chances of earning.
In order to set up your
AdSense account so
that you will receive
automatic transfers into
your bank account,
Google does use the
standard procedure for
"establishing" that the
bank account is yours.
After giving your bank
information you are
told that in the next few
days there will be tiny
deposits (change) made
to your account by
Google. In order to
verify that the account
is yours, Google asks
you to do that by filling
in the date and
amounts of the deposits
when you see them in
your bank account.
They may also send you
a pin number through
the U.S. mail as part of
the verfication process.
It's a simple card and
pin number, and you
are instructed to sign
into your account and
verify that you have
received it.
You can always change
the bank information
you have on file with
Google, but verification
that any account is
yours is always required.
PAYPAL
PayPal isn't about your
earning money through
them. It's about offering
an online payment
system that allows
anyone who wants to
send you money online
to do so, without your
having to give them
bank account
information. It also
allows you to send
someone else money
online without giving
your bank account
information. (That could
include shopping online
at a site that accepts
PayPal or sending $50
to your college-student
son, who also has a
PayPal account.) You
can even arrange to
have PayPal over your
mobile phone, so you
can simply call them
and say, "Send
'whoever' $50", which
will result in their taking
money out of your
account and putting it
in another user's.
When you do online
work or otherwise earn
money on the Internet,
some companies will
pay you using PayPal.
Some do not. (Google
does not use PayPal to
pay you, so with them
you must choose
between receiving a
paper check or having
an automatic deposit. )
Sites, like writing sites,
that have people
coming and going, and
perhaps earning only a
few dollars for a few
things; tend to use
PayPal. Your e.mail
address is always on file
with them, and there's
no need to be collecting
tax information from
transient or low-earning
members. Of course,
sites using PayPal to pay
for work/services are
not necessarily confined
to low earners.
PayPal is a "middle
man" between you and
your bank account. A
PayPal account works
very much like any bank
account works,
however, offering you
the option to receive
payments, make
payments, and transfer
your own money back
and forth between your
bank account and your
PayPal account.
PayPal offers different
types of accounts,
ranging from a basic
account to a "premier"
account (for individuals)
to a business account.
Opening a PayPal
account is free, and
there are no service
charges for having the
account. They make
their money by charging
a small percentage for
some transactions,
depending on the type
of account you have.
Like most bank
accounts, PayPal's
premier account offers
you a Mastercard debit
card that can be used
the way you'd use any
debit card. There are no
transaction fees for
shopping with your
PayPal debit card, and it
comes in handy when
an online merchant
does not accept
conventional PayPal
payments.
Like most bank
accounts, PayPal also
offers a PayPal credit
card to those who apply
and qualify. More
information about that
can be found on their
site
( http:www.paypal.com).
A security precaution
they offer is a key that
you can buy for about
$5.00. The key has an
electronic code that
changes every few
seconds. You can
enable the security key
feature on your
account, so that you
(and nobody else) can
sign in without entering
the code appearing on
the key. You can disable
or enable the key at
any time.
In order to make PayPal
your "middle man"
between your bank
account and any
transactions, you do
need to give PayPal a
bank account and have
it verified (the same way
Google verifies it). For
the person concerned
with giving bank
account information to
a third party, it's always
an option to open a
free checking account
specifically for use with
PayPal (thereby leaving
your "main" money in a
separate account).
Once you have set up
and verified your PayPal
account, all you need to
pay anyone (who
accepts PayPal
payments) or receive
payments (from
someone who pays
using PayPal) is the
e.mail address. There is
no sending of debit/
credit numbers over the
Internet with your CVN
code, expiration date,
and other identifying
information.
Some PayPal transfers
can take a couple of
business days, so it's
worth noting that
transfers are not always
"in real time". One
reason having their
debit card is handy is
that transferring money
to your checking
account can take a
couple of days, while
you have immediate
access to your PayPal
deposits if you use their
debit card to shop (and
perhaps get extra cash
from the cashier). If you
go to an ATM and
withdraw PayPal money
you can have the
money, but you will be
charged any fees
associated with using
that "non-PayPal" ATM.
PayPal is available to
people in a large
number of countries,
although not every
country. There are
other similar Internet
payment "middle men",
although PayPal is
certainly among the
most recognized and
trusted.
MY EXPERIENCE WITH
BOTH GOOGLE AND
PAYPAL
In a nutshell, I'm
impressed and very
satisfied with both.
I've had my Google
account for a couple of
years now and have
had absolutely no
problems whatsoever
with it. Google offers
AdSense users every
kind of information they
could possibly need,
including a variety of
ways to manage ads, as
well as excellent
information on earnings
and the data on which
earnings for any URL
(or combinated URL's)
have occurred.
Since I selected the
automatic payments
option, I have found
absolutely no problems
or mistakes occurring in
the process of receiving
those payments. I did
choose to have a
separate free checking
account linked to my
Google account (for my
own added sense of
security, because when I
first signed up I was a
little uncomfortable
about giving such a
"big, online, entity" my
bank account
information).
People familiar with
Google probably don't
need me to say that is a
company that knows
what's it's doing, and
that conducts business
with users in a
professional way. (In
other words, it is clear
by the way they handle
their dealings with
AdSense accounts/users
that they are not "half-
baked" or careless.)
Can I guarantee that
they will never make a
mistake in money
transfers? Of course
not. I can tell you,
however, that in two
years of dealing with
them they have not
made any mistakes in
my account (which is far
more than I can say for
Bank of America, where
I have one of my
personal checking
accounts).
I have similar respect
for PayPal. I've had my
PayPal account for years
- again, without any
errors or mix-ups.
PayPal offers ways to
keep track of
transactions and activity
that are every bit as
comparable to any
offered by a bank. With
all kinds of activity
coming and going
through my PayPal
account, there have
been no mistakes or
errors (again, I can't say
the same thing for Bank
of America; and neither
can a whole lot of other
people).
PayPal's site is easy and
efficient to use. As with
Google, you can change
the bank account you
register with them at
any time. As with
Google, verification is
required and will take a
day or two.
I did have someone with
whom I have an
account that requires
periodic payments send
an early transaction
through my PayPal
account; and the PayPal
customer service people
were more than helpful
in helping me iron out
the mix-up. (Just as with
automatic payments
made from a bank
account, there are times
when someone may
send a an early or
unauthorized
transaction; and the
bank or PayPal is not
responsible for what
comes in. The question,
however, is how and
whether your bank or
PayPal assists with
straightening out any
mix-ups. PayPal, for me,
got an "A-Plus".)
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