hi friends, When I entered paypal for the first time I did not know anything and simply signed up for the premier account(seeing some more services than the personal). Till i received my first payment i didn't know about the fee structure. So what i did is i stopped using the first pp account. And created one in my dad's name. It is personal and now headaches are less for me..But for transferring money will their be any problem..?? is it wrong doing so???? is it possible to allowed to take multiple accounts in the same name...?? Please help friends..
Paypal allows 2 paypal accounts per person (one is personal and another one is premier/business). If its in different name like yours (in your dad's name) then its ok. DON.
You could have opened a personal account in your name itself rather than using your dad's name as Paypal allows having an individual to have one personal and one premier/business account. Btw...the fee structure has been recently modified by paypal and it no longer is dependent on your account type for you to get fee waiver. Instead your buyer is required to send the payment through 'personal' transaction for you to not attract fees, even if you are using either personal or premier account! Regards, RightMan