Even after research, confused about paypal account types

Hello everyone

I have been using the paypal premier account. Today I also registered for a personal account.

Is it possible for me to use the same bank information on both these accounts?

Can someone help me understand the differences between these two account types?

Thanks to all in advance

 

U can find more info here http://www.paypal.com/cgi-bin/webscr?cmd=xpt/cps/general/PayPalAccountTypes-outside

I don't think u can add same bank account to both the accounts.

 

Yup,each PayPal account must contain unique bank info....
But you can use the same CC to verify ur 2 paypal...
personal account just forreceive the money from ur relative..

 

But they seems to take away lots of fees on each transaction on my premier account.

 

Just 1.9% to 2.9% + $0.30 USD
http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside
If you earn money by selling items online, you should use a PayPal Premier account or business account to receive your online payments

 

That isn't much.

Some people charge quite a lot in comparison to them.

The business they do has its risks, and they need to be profitable in order to survive.