Need some info on PayPal

Discussion in 'PayPal' started by nut legend, Dec 12, 2009.

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  1. #1
    Hey,

    I made my account a business account for some reason - can't really remember why. Anyway I emailed PayPal asking them to downgrade my account to Personal, however, I got an email back saying it can only be downgrade once, i.e. after that if I make it a business account again I won't be able to make it personal again.

    My question is should I keep it as a business or personal account? I have a few ebooks I will be selling soon and I am blogging on starting a new blog soon as well.

    Thanks alot,

    Josh
     
    nut legend, Dec 12, 2009 IP
  2. radhika.writer

    radhika.writer Well-Known Member

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    #2
    Well you can keep the business account if you really have business set up or else you can keep this account and can open a personal account under your name. PayPal allows you to keep two accounts with out any problem.

    Regards
     
    radhika.writer, Dec 12, 2009 IP
  3. OldEgold

    OldEgold Peon

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    #3
    paypal wont get upgrade automatically


    thaknk you
     
    OldEgold, Dec 12, 2009 IP
  4. mentos

    mentos Prominent Member

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    #4
    Yes every PP acc only eligible to down or upgrade once per acc.
    But in your case,its best interest for you to make another PP personal acc.
     
    mentos, Dec 12, 2009 IP
  5. Ultimahosts

    Ultimahosts Peon

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    #5
    If you are going to be accepting CC via paypal then its worth having a business account. When people pay they will also see your business name instead of your real name.
     
    Ultimahosts, Dec 12, 2009 IP
  6. saurabhj

    saurabhj Banned

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    #6
    That again depends on how much money you gonna receive and what will be the funding sources. If you think that you will receive most the money from CC's then I will prefer you to use premier account. In case of few CC transactions, remain it as personal one. In personal account I think you can receive only 5 CC payments. So make decision accordingly. Hope it helps..
     
    saurabhj, Dec 12, 2009 IP
  7. mycyber

    mycyber Peon

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    #7
    it is ok you have business account. you can do transaction normally or u can create new account with same your name. i have 2 accounts with same names.I am still ok
     
    mycyber, Dec 12, 2009 IP
  8. RightMan

    RightMan Notable Member

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    #8
    I find no need to downgrade your current business account when you can open another personal account officially.

    There is just no harm or expense in keeping both the accounts active simultaneously! :)

    Regards,

    RightMan
     
    RightMan, Dec 13, 2009 IP
  9. Moses8595

    Moses8595 Peon

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    #9
    Yes, paypal allows 2 accounts per person...There is no need to downgrade
     
    Moses8595, Dec 13, 2009 IP
  10. Safetyfirst

    Safetyfirst Active Member

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    #10
    Yup since 2 accounts are allowed , no need to downgrade them unless you have a problem getting a debit card for verifying it lol.
     
    Safetyfirst, Dec 13, 2009 IP
  11. GIF

    GIF Peon

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    #11
    You can use another paypal account, what is the problem? Paypal does not allow to play game with it to upgrade and downgrade the accounts. :)
     
    GIF, Dec 13, 2009 IP
  12. GekiDan

    GekiDan Active Member

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    #12
    You can open two Paypal accounts: 1 Personal and 1 Business account.
    You can keep your Business Account then open up again a Personal account.
     
    GekiDan, Dec 13, 2009 IP
  13. rkhandsome

    rkhandsome Peon

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    #13
    Its helpful for me. thank you
     
    rkhandsome, Dec 14, 2009 IP
  14. ed2009

    ed2009 Peon

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    #14
    Just keep the business account since you are running a business anyway. It looks professional that way.
     
    ed2009, Dec 14, 2009 IP