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Paypal Account, Regular or Premium??

Discussion in 'PayPal' started by surfnearnzone, Nov 3, 2006.

  1. #1
    Hi,

    I have a regular paypal account and want to upgrade to premium as my business is growing. just wanted you to share some experience about upgrading. specially if you upgraded after a while and not straight forward to a premium or business account.

    Actually i am afraid of giving away money to paypal as way of "fees" ;) Tell me if it has been better upgrading to premium. Has it caused any problem in selling very low priced items? Like for $1 or so. I will be charged 3.9%+$0.25 if i upgrade.
    SEMrush
    Thanks in advance :D
     
    surfnearnzone, Nov 3, 2006 IP
    SEMrush
  2. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #2
    You can have one Personal and one Premium as per Paypal rules.
     
    gr8liverpoolfan, Nov 3, 2006 IP
    surfnearnzone likes this.
  3. bccruzer

    bccruzer Peon

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    #3
    i thought it was 2.9% and 30 cents

    Yeah, its not a good solution for selling low priced items. try google checkout/checkout.google.com or try paypal virtual terminal
     
    bccruzer, Nov 3, 2006 IP
  4. master06

    master06 Peon

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    #4
    i think you can check google checkout or e-gold. E-gold has got low transcation fees.

    Regards
     
    master06, Nov 3, 2006 IP
  5. eddy2099

    eddy2099 Peon

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    #5
    eddy2099, Nov 3, 2006 IP
  6. surfnearnzone

    surfnearnzone Well-Known Member

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    #6
    Ya that too is true but in my case not, cause i am charged for outside US access :)


    Egold is not that widely accepted as paypal and it has its own problems, not suitable for me. BTW i already have egold account.

    Also many ppl find it difficult funding an egold account including me :)



    And thanks both of you for suggesting google checkout :D

    Edit:

    I just now found out that rt. now gogle checkout is available for US residents only
     
    surfnearnzone, Nov 3, 2006 IP
  7. Richie_Ni

    Richie_Ni Illustrious Member

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    #7
    After you upgrade your account,if someone send you $1,you'll only get $0.69:eek:

    Create another account as premier account is the best way IMO.
    Yeah,1 personal &1 premier/business is allowed.;)
     
    Richie_Ni, Nov 3, 2006 IP
  8. uberman

    uberman Peon

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    #8
    egold is quite scammy and attracts fly by night operators. If you only offer egold without Paypal, customers may not otuch you with 10-foot pole.
    Get Personal + Premier account as suggested by others. :)
     
    uberman, Nov 3, 2006 IP
  9. Pat Gael

    Pat Gael Banned

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    #9
    This is very true, after the scam ran at Stormpay by HYIPs operators, e-Gold stayed alone supporting certain activities that are unclear.

    I have a Paypal Business account but after a client sent me a payment to a non-existent paypal email address on my own, I received a link from Paypal inviting me to open a personal account, so no problem having both.
     
    Pat Gael, Nov 3, 2006 IP
  10. mixke

    mixke Prominent Member

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    #10
    I will suggest opening one premier account to accept the credit card funded payments and for non-cc funded payments keep using your regular one . Hence , you pay fees only on CC funded payments .

    ~~ If you upgrade an account ( from regular to premier ) then you can downgrade it back to Regular --->> Only Once .
     
    mixke, Nov 3, 2006 IP