paypal personal or premium account?

Discussion in 'PayPal' started by lusoricas, Oct 26, 2007.

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  1. #1
    If i get a payment from other paypal user i'm charged with fees in my verified personal account, wasn't i suppose to not be charged?

    Accept the following funded payments:

    * PayPal Balance
    * PayPal Instant Transfer
    * PayPal eCheck


    Free for personal accounts, 1.9% + $0.30 USD to 2.9% + $0.30 USD for premium
     
    lusoricas, Oct 26, 2007 IP
  2. getjimmy

    getjimmy Prominent Member

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    #2
    Ya u will get charged for payment in ur personal account if the user paid u with credit card.
     
    getjimmy, Oct 26, 2007 IP
  3. cool_78

    cool_78 Guest

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    #3
    Yup you will be charged if the funds came from a credit card and you are limited to accepting only 5 a year.
     
    cool_78, Oct 26, 2007 IP
  4. inworx

    inworx Peon

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    #4
    If the user paid with Credit Card, you need to accept manually each payment so you know which one is a credit card payment and paypal must have informed you this :)
     
    inworx, Oct 27, 2007 IP
  5. sweb

    sweb Well-Known Member

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    #5
    keep 2 accounts.Ask your user about the source of funding. Paypal funds accept to personal and credit cards funds to premier.
     
    sweb, Nov 1, 2007 IP
  6. eddy2099

    eddy2099 Peon

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    #6
    If you read the Paypal User Agreement which you agreed to when you signed up with Paypal, you would know that this is not permitted.

    https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/UserAgreement/ua/USUA-outside#receive-policy

     
    eddy2099, Nov 1, 2007 IP
  7. lusoricas

    lusoricas Peon

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    #7
    that is rubbish, so we can't direct people but we can have a personal and a premium account?

    Of course i will direct them, how will they know?
    After all it's all about the fees they charge, if they were similar like the ones i have in moneybookers i would have no problem with it
     
    lusoricas, Nov 1, 2007 IP
  8. eddy2099

    eddy2099 Peon

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    #8
    The personal account is there for basically customers who just spend money. The Premier/Business accounts are for people who sells and make money by selling things using the Paypal platform.

    Paypal is not a charity and it has costs it needs to pay and thus if you are doing business, Paypal is entitled to cover their cost for providing their service to you. If you do not like it, do not use Paypal.

    https://www.paypal.com/helpcenter/m...lutionTopic=20004&solutionId=12797&isSrch=Yes

    If they see a lot of incoming money into your personal account and that these money have descriptions which represents sales of products or services, they will know. Paypal is not that stupid. However, if you want to carry on doing what you are doing, just be prepared for the consequences.

    In the end, you agreed to Paypal's terms when you signed up with them, you would be bounded to those terms whether you like them or not.
     
    eddy2099, Nov 1, 2007 IP