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Paypal - Personal / Premier / Business

Discussion in 'PayPal' started by dmi, Feb 4, 2009.

  1. #1
    Can someone explain the difference between these three account types?
    SEMrush
     
    dmi, Feb 4, 2009 IP
    SEMrush
  2. dynashox

    dynashox Premium Member Staff

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    #2
    dynashox, Feb 4, 2009 IP
  3. fundu

    fundu Well-Known Member

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    #3
    Personal accounts are generally meant for casual users and you don't have premium benefits like using paypal IPN, etc. and you can only accept 3 credit card payment per year. If you do trade a little online then it is recommended for you.

    Premier accounts are free from limits which Personal accounts have. But you'll have to pay money to paypal whenever you receive some funds. It is meant for merchants who do not own a company.

    Business account is same as Premier but you only open an account on your company's behalf.
     
    fundu, Feb 4, 2009 IP
    dmi likes this.
  4. dmi

    dmi Well-Known Member

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    #4
    What are the fees like when I am sending money / paying? Do they charge more on Personal or Premier (fees)?
     
    dmi, Feb 4, 2009 IP
  5. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #5
    The receiver is charged fees, not the sender.

    If you want to do business though, you must have a premier/business account.
     
    gr8liverpoolfan, Feb 4, 2009 IP
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  6. fundu

    fundu Well-Known Member

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    #6
    fundu, Feb 4, 2009 IP
  7. dmi

    dmi Well-Known Member

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    #7
    Thanks everyone. Repped you.
     
    dmi, Feb 4, 2009 IP
  8. dipal76

    dipal76 Well-Known Member

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    #8
    If you want to use for your personally for yourself you then you can create personal account.
    If you want to use it business purpose then you can open business account.
     
    dipal76, Feb 4, 2009 IP