Hello, I would like to upgrade my PayPal account to "Business" but: I don't have my own company. So: -Do I have to pay some taxes? -Will they check it, if I provide fake company info? Also, do I have to be verified PP user? Help me please, can I signup this account safely?
Fake info is never the way to go. Why don't you sign up for a premier account. All facilities of the business account, but it is in your name
I need business account because in affiliate firm which i want to promote ebooks say "NOTICE: To promote these products, you MUST have a BUSINESS PayPal account--not a personal account--"
Thanks! And what about verification? And can I upgrade my account from Personal to Business, or I have to make new one?
no need to make new one,just upgrade ur account to Business acc, but u can make another one if u need to.
when you get verfied through paypal you get higher spending limit that is why it is good to get verfied through credit card as well as bank. smahnken
Okay. But can I have same bank number in each account? Also, can I send money between them? Hey mantero your avatar is from Warcraft Pandaren
No, you cannot use the same bank account or credit card for both accounts. If you use a Business account, all withdrawal from Paypal (bank or check) would need to be made into a bank account in the name of your business. You can however send money from one account to another (ie Business to Personal). Check with your affiliate if you can use a Premier account because it has all the features as the Business account but can be in your personal name.
You can upgrade to business account without having your business verified. If you withdraw money to your bank account they will use the name of the business you're registering with. Better you ask your bank if they would accept a payment with this certain name and put it into your account.You can have a business account with just your personal name in order to get it into your account smoothly.
Just one more thing. You cannot withdraw money from your business account unless you have a bank account in your business name.
One if my friend have a business account with paypal and he told that the money can only be withdrawn to the business bank account. It would be better, if u want a true business account, to register a company on sole proprietorship making easy for u to open a bank account.
how do i get a premium account and if it works completely like a business account why bother with a business account? because i need an paypal account where i can have a very good amount of money
You just go to your profile page and upgrade. The only difference from premium to business acc. is that you can have more that one user in your account and that the business account is a bit cheaper than premium, and you don't need to use your business name for transaction.
It takes a few days to get your bank account verified, but then they will increase your spending limit
1. You will always pay taxes when dealing with money, and in particular paypal. 2. Never use fake information, it is never the way to go. If you get caught you will be in a lot of trouble. 3. Yes, to send out payments you have to be verified meaning, that you need a bank account backing the account.