i just upgraded recently but dun have a clue what are it's advantages?? how does it differ from personal ones?? what good will this be?? any of you used it and need reviews and opinions please...
Premier/Business account can receive the money from CC...personal account only can receive the money from paypal
The advantages of premier account are:- 1. You can receive funds form Credit card where as in personal account you have to pay fee i.e 5.6%+$0.30. 2. You'll have more receiving and sending limits where as these limits are low in personal account. The Disadvantages of Premier account are:- 1. You have to pay fee i.e 2.9% every time you receive funds where as receiving funds in personal account is totally free of cost. 2. You can not downgrade your account from premier to personal, rather you have to open new account where as you can always upgrade your account from personal to premier. Thanks
You may also consider reading this for an official comparison: https://www.paypal.com/cgi-bin/webscr?cmd=p/gen/personal_vs_business-outside