I have a few questions: Is there really a big difference between the business and the personal account? Does anyone use the business account? If so, what do you think about it? Is it easy to sign up for a business account? Is the business account available for all countries? Because the personal account is not available in my country but it seems that the business account is… is it possible?
- The main difference is that the personal account is made for spending money while the Business Account is made mainly for receiving money - If you are doing business or are selling something on a regular basis using Paypal, then you need a Business or Premier account. You only use a Business Account if you have a registered business with a bank account in your business name. A Premier account is very much like a Business account but it is made for unregistered business or individual. - Well, signing up for a Paypal account, business or otherwise is simple. However, it is the verification which some people finds hard. - No, Paypal accounts are limited to 103 supporting countries https://www.paypal.com/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside . I have never heard of a country which only support business account and not a personal account. There are more countries which can spend money on Paypal then receiving it so there are places where a personal account is the only option as the accounts cannot receive money.
Well, actually you can. It just limits you to 5 credit card transaction in a 12 months time frame at a higher charges, ie 4.9% + $0.30 (instead of the 1.9% - 2.9% + $0.30) . See http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside However, you are right to say that if you are accepting payments through eBay, you will need a Premier or Business account to receive Credit Card payments.