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A Few Questions About PayPal Business Account

Discussion in 'PayPal' started by Nestrer, Mar 5, 2009.

0
  1. #1
    Hi,

    I am selling some services on my website. I want to upgrade my Premier account to a Business account to accept payments under a domain name.
    The following are my questions:

    1. I don't own a registered company, is that all right?

    2. Can I upgrade without a customer service phone number?

    3. Do I have to add a bank account for verifying?

    4. How do I withdraw funds if I don't have a bank account under the business name?

    Thanks!
     
    Nestrer, Mar 5, 2009 IP
  2. vengatowen

    vengatowen Well-Known Member

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    #2
    1. You no need to own a company if your customers are well known person to you or if they trust you.

    2. Yes, you can ungrade without Phone number.

    3. To verify your account, you will have to enter your CC info and you can verfiy.

    4. you should can add your any of your personal bank account. But if you specifically need to w/d to your official account name, you will have to create an official bank acc. under your business name.


    I have answered as for my knowledge, as I have been using paypal for two years.
     
    vengatowen, Mar 5, 2009 IP
    Nestrer likes this.