I just upgraded my PayPal account to business and I'm still confused on how I would receive payments. Do I just give out my PayPal email address and wait for people to send a payment? And when someone does pay, will the money be added to your PayPal funds or will they be added to your Credit Card? Tnks in advance.
depends how your selling and what means you give your customer to pay. if your selling on ebay then payments are made to your paypal which will stay in your paypal funds.
Yes, all they need is your email address that is associated with you PayPal account. The money will be added to your balance in PayPal and you can keep it there to spend or you can withdraw it to a bank account.
Don't use the email send method to request money. That is pretty much the wrong procedure to go about. Once you log into Paypal, go to the Merchant tab and use either the Email Invoice or the Buy Now button to get money. It is the use of the Email Send which cause a lot of problems for people here with their accounts limited and they were asked to send in proof of product and all that.
There should be at least one bank account associated with your paypal account. All transactions that you do using paypal will have to settle at your paypal account first. Then, you can transfer your paypal funds to your bank account if you wish.