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Question about Up grade to premier account from personal!

Discussion in 'Payment Processing' started by pavan6993, May 5, 2009.

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  1. #1
    Hi,

    I am verified paypal user!

    My account is personal!

    I am receiving more than five credit card payments so i am delaying the payments from credit card!

    Paypal suggest me to upgrade to premier account!

    what would you suggest me to do?

    Is it good to upgrade my personal to premier account?

    Is there any charges to upgrade to premier account?

    Any disadvantages,if i upgrade to premier from personal account?

    thank you!:)
     
    pavan6993, May 5, 2009 IP
  2. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #2
    Well, you can upgrade anytime to premier and that will be good. :)

    Only disadvantage is that you will have to pay a little fee every time you receive funds in your paypal account. :D

    - Digital -
     
    Digital_shubhi, May 6, 2009 IP
    pavan6993 likes this.
  3. dynashox

    dynashox Premium Member Staff

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    #3
    If you're serious doing a business, it's always good to upgrade to Premiere account. That way you can receive payment by credit card from your customers.

    No, upgrading your account is free of charge.

    No disadvantage accept just like what Digital_shubhi said, every money that you receive, there is a fee for it.

    Do take note that Paypal allow 2 accounts per user. So you can have 1 Personal account and 1 Premiere/Business account.

    It's up to you to decide. ;)

    - Dynashox -
     
    dynashox, May 6, 2009 IP
    pavan6993 likes this.
  4. pavan6993

    pavan6993 Peon

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    #4
    Thanks for the suggestions!
     
    pavan6993, May 6, 2009 IP
    Digital_shubhi likes this.
  5. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #5
    No need to upgrade your personal account to premier :rolleyes: as paypal allow 2 account per person (personal and premier/business) so go and open premier account for you. Accept CC funded payment there and paypal funded payment at your personal account to avoid fees ;)

    DON.
     
    deluxdon, May 6, 2009 IP
  6. RightMan

    RightMan Notable Member

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    #6
    That surely is an excellent suggestion...DON!

    This made me wondering if it is possible to transfer from premier to personal account of the same person?

    If it is possible, then I would go on having CC funded payment into premier account and then transfer such funds into personal; to eventually withdraw from there...collectively! :rolleyes:

    Regards,

    RightMan
     
    RightMan, May 6, 2009 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    What is the need to transfer funds from your premier account to your personal account btw :confused: You already paid fee to paypal at the time of receiving CC funded funds there at your premier account and you can easily withdraw funds from there too to your indian bank account without any fee (>7000 INR).

    DON.
     
    deluxdon, May 6, 2009 IP
  8. RightMan

    RightMan Notable Member

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    #8
    I can reach the figure of INR 7000 very fast...collectively! :D
    or else, money may remain idle in one of the account for a long period!

    Regards,

    RightMan
     
    RightMan, May 6, 2009 IP
  9. anildewani

    anildewani Peon

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    #9
    I think you already know much :D
    anyhow, my advise would be the same.
    Get 2 account on your name, one would be premier and another personal.
    Be sure, you need to add different banks and credit card to verify them.
     
    anildewani, May 6, 2009 IP