Paypal Account, Regular or Premium??

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.

Thanks in advance

 

You can have one Personal and one Premium as per Paypal rules.

 

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

 

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

Regards

 

You could consider the Micro Payment from Paypal

https://www.paypal.com/cgi-bin/webs...rior_transaction_id=213063&answer_id=16777216

There are conditions too but it is something to look at.

 

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

Edit:

I just now found out that rt. now gogle checkout is available for US residents only

 

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

Create another account as premier account is the best way IMO.
Yeah,1 personal &1 premier/business is allowed.

 

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.

 

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.

 

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 .