paypal personal account

Discussion in 'PayPal' started by varghesenair, Jan 26, 2010.

  1. #1
    can I recieve funds using a paypal personal account?
     
    varghesenair, Jan 26, 2010 IP
  2. TimothyJohn

    TimothyJohn Member

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    #2
    You certainly can. It is the same as a business account but you obviously don't use it for your business and you can't receive payments regularly that are huge! Good luck :)
     
    TimothyJohn, Jan 26, 2010 IP
  3. radhika.writer

    radhika.writer Well-Known Member

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    #3
    Yes, PayPal accounts are meant to receive funds and not chocolates... :D (just kidding). But make sure as TimothyJohn Said don't do business transactions with personal PayPal account as risk of getting limited is high in personal account.

    Thanks
     
    radhika.writer, Jan 26, 2010 IP
  4. TimothyJohn

    TimothyJohn Member

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    #4
    Be especially careful about your transactions. If you make transactions that are suspicious/appear suspicious they have a habit of freezing your funds and making you go through a long process to unfreeze them. So be careful when choosing the type of paypal account you use :)
     
    TimothyJohn, Jan 26, 2010 IP
  5. viewz

    viewz Member

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    #5
    I wonder about PayPal fee, I'm a premier user there. Sometimes, I got charger for fee because I got paid but sometimes I don't. I'm a new user there, can anyone explain more about paypal premier fee?
     
    viewz, Jan 26, 2010 IP
  6. Moses8595

    Moses8595 Peon

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    #6
    Yes.But paypal personal account just for receive the money from your family & friends
     
    Moses8595, Jan 26, 2010 IP
  7. Azkaban

    Azkaban Peon

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    #7
    I don't think that's true.
    Because, there are options in personal PayPal accounts for "Goods" and "services" while you are sending money.

    If it would be for friends and family, I would always use personal payment only, won't I?
     
    Azkaban, Jan 27, 2010 IP
  8. anjelina27

    anjelina27 Member

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    #8
    Yes you can receive money in your paypal account.
     
    anjelina27, Jan 27, 2010 IP
  9. samser_m

    samser_m Well-Known Member

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    #9
    I was wondering whether I can have 2 accounts. 1. Personal to get money for my programming work and 2. Business account to accept payment through site.

    Also, have you guys added company Bank account for business account?
     
    samser_m, Jan 28, 2010 IP
  10. viewz

    viewz Member

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    #10
    I think you can, this is PayPal statement, found on their site... :)

    "PayPal allows members to have one Personal account and one Premier or Business account. However, each PayPal account must contain unique email addresses and financial information. You may upgrade your account at any time."

    don't get what you mean about company Bank :confused:
     
    viewz, Jan 29, 2010 IP
  11. samser_m

    samser_m Well-Known Member

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    #11
    I mean Current Bank account with company's name. Not personal savings/current account. Got it?
     
    samser_m, Jan 29, 2010 IP
  12. DDunique

    DDunique Peon

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    #12
    Yes I think you can receive money in your personal account, as long as it is only small amounts.
     
    DDunique, Jan 30, 2010 IP