Business Account Issues

Discussion in 'Payment Processing' started by sumbitarticle, Nov 3, 2009.

  1. #1
    Hello,

    I already have a Premier Account in PayPal for the last 4 years. I also have a credit card verified with them on my personal name.

    Now I have started my new company and I want to convert my premiere account into business account.

    Some one told me the procedures that I will need to add my business name exactly as per my bank account name (I have a bank account on my company name). I just want to know if they will ask me to get verified again. I mean will I have to add a business credit card to get verified again. I do not have a business credit card but only a personal credit card. I am the proprietor of the company.
     
    sumbitarticle, Nov 3, 2009 IP
  2. Moses8595

    Moses8595 Peon

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    #2
    If you want open a new business account,you have to close your Premier first...It's a new paypal,they will ask you to get verified again.
     
    Moses8595, Nov 3, 2009 IP
  3. sumbitarticle

    sumbitarticle Active Member

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    #3
    No I do not want to open a new business account. I already have a premier account and want to upgrade that to a business account.
     
    sumbitarticle, Nov 3, 2009 IP
  4. Moses8595

    Moses8595 Peon

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    #4
    Sorry,Well,Then there is no need to verify your paypal again...:)
     
    Moses8595, Nov 4, 2009 IP
  5. radhika.writer

    radhika.writer Well-Known Member

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    #5
    Hi
    You can't have a premier account along with business one. PayPal allows you to have only one personal account and one premier/business account. For business account you need everything to have on business name including bank account.

    Regards
     
    radhika.writer, Nov 4, 2009 IP
  6. sumbitarticle

    sumbitarticle Active Member

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    #6
    I don't need 2 different accounts. I have already mentioned above I want to upgrade my premiere account to business account.
     
    sumbitarticle, Nov 4, 2009 IP
  7. radhika.writer

    radhika.writer Well-Known Member

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    #7
    I don't think you can do so because I cant see any option in Premier PayPal account to upgrade it to business as its shown in Personal account.

    Why don't you just email paypal and confirm with them, they can help you in better way.


    Thanks
     
    radhika.writer, Nov 4, 2009 IP
  8. Nonny

    Nonny Notable Member

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    #8
    The best thing to do is call Paypal and ask (not email, since that will probably only get you a form response).

    https://www.paypal.com/cgi-bin/webscr?cmd=_contact-general
    [best to log into your account first, so that they can see your situation]

    This is how you upgrade if you have a US account:
    https://www.paypal.com/helpscr?cmd=...olutionTab&ps=solutionPanels&solutionId=11116
    If you don't have a US account, you'll have to go to the Paypal site and do a search for the same information, since they display location-specific help results. (You would be fine with a US account, because you can verify by linking a bank account)

    You could also ask on the new official PayPal help forum:
    https://www.paypal-community.com/
     
    Nonny, Nov 4, 2009 IP
  9. Moses8595

    Moses8595 Peon

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    #9
    Nope,I found someone has already done.You can click this
     
    Moses8595, Nov 4, 2009 IP