Most efficient paypal account, for my specifications.

Guys, I need your help to select a PayPal account type!

As you know, there are three account types: Personal, Premium and Business.


I want an account which will allow me to make incoming and outgoing transactions to take part in the "Buy, Sell and Trade" forum, and also to buy hosting plans on other site.

Thanks for the advise!
Cheers!

 

Go with Premium, or if you have a business name use Business.

 

Well, will personal not work for it?

I mean, I need to do small transactions; such as $1 - $100 only...

Not much than that.... Will personal work with it?

And what about the charges, I mean how much THEY TAKE out of our money? Percentage etc... And what does it uses a uniform amount for transactions?
Comments please!!

 

ya it will work

its gud for the small users

 

Well, if Paypal finds out that you are using the personal account to make money from collecting money from sales then they would levy the charges on you. Technically you cannot sell using a personal account.

https://www.paypal.com/helpcenter/m...lutionTopic=20004&solutionId=12797&isSrch=Yes

 

Okay. what does premium account charges? I mean per delivery or transactions?

 

Go to http://www.paypal.com and click 'Fees' at the bottom of the page, that should give you the fees which would be deducted from each transaction.