Downgrading Paypal premier account?

I accidently upgraded my account to premier when accepting a CC payment. How do i downgrade my account? Regards.

 

http://forums.digitalpoint.com/showpost.php?p=1437368&postcount=3

 

You may have to refund the CC payment and restrict your incoming payments to non-profit by nature then do the downgrade. Use the Contact Us to downgrade.

 

If you are doing business, you need to have a premier/business account.

 

The 4% seems to be pretty steep but we just have to get use to it. They probably leeched at least a thousand out of my paypal fee -_-

 

just contant PayPal by email and they will ask you for confirmation and downgrade your account after you made sure.... but i will suggest you to stay as premier account so that you can take advantage of all the options...

 

Apart from what is said above, bear in mind you can roll back to personal account only once, next upgrade you'll make will be permanent.

 

Well, if paying 4% fees would enable me to get me an additional sale, I would gladly pay it. Besides, I would believe you are making more than what you paid Paypal.

If you paid about $1,000 in Paypal fees, Paypal would have enabled you to make some $24,000 which I would think is fair. These would be money you would not have gotten if you did not use Paypal.

Besides, Paypal is amongst the cheapest payment processor around. With Plimus, I am paying an average of 10% per transaction and I still continue using them. Without them, I would not be able to make money.

 

Damn,10% fee with Plimus? Why dont u use paypal then?

 

I used Paypal earlier last year as an experiment but found it to be too troublesome and I've got more fraud cases. With Plimus, the level of fraud purchases falls drastically and besides Plimus is made for shareware and automate the entire buyer's experience.

Basically, I do not mind paying for the peace of mind and professionalism of Plimus. I deal with a lot of corporate clients and I do not see them using Paypal for purchases.

 

Iam also using Paypal business account but im thnking of switching over to Alertpay.
Their email response is good,but sad that nobody in here is using Alertpay

I think its better than Paypal.Even non-members can pay using their credit cards,without signup

For downgrade:Paypal is not responding to downgrade requests at all.
I emailed them twice before 2 weeks,NO answer.
THe best thing is open a new personal account,transfer funds from your old to new and close the old business/premier account which you wanted to downgrade.
I did the same.Now everything is fine!

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i would like to downgrade,, less issues

 

As you have read you may switch your account back to personal once but my suggestion is why don't you make just another personal account? Paypal allows two accounts - one personal and one premier or business.

 

I am not doing any business. I am just using it to purchase some stuff over ebay.


PS: being paid for paid reviews is not business, is it?

 

If it's one review probably not, if more why not to call it a business.

 

Well, technically if you make money through Paypal, it is concerned a business especially more so if you get more money than what you had before.

What is not considered a business is when you lend your friend money and they return you that money, in which case, you will just recover your original capital and as there is no nett gain, it is not profit and thus not business.

If however, your friend gives you a little extra then that would be profit and that probably can be deemed as business.

 

You can have two paypal accounts one premier or business and another one personal account. if you have premier account then create a new personal account and use it.

 

I'd personally keep the business account for business and then open a second personal account. If your 100% legit with PayPal's TOS and use a second credit card or bank account to verify, you'll be totally legit. Best of luck to you!

 

incase you don't have extra CC
you can use VCC to verify your 2nd paypal account

 

Ok they sent me an email saying that there is some kind of an issue and they can not downgrade my account at this time. I think this is because i have accepted three CC payments and the limit for personal accounts is 2 CC payments. As eddy2099 suggested i have to refund a CC payments. I refunded ths second payment (which was of 0.30$ lol...). Any idea if they are now going to be able to downgrade my account?

Hell and what happens if they limit your second account ask you for CC statement? Id rather keep only one account.