I am looking to buy a computer. While I am still a good deal of money away from my target, which is $1,400, I have a little over half of the money. It is about time I started thinking about how I am to transfer the money from my Paypal to computer vendor. Ibuypower.com or Alienware.com both do not accept Paypal. This is my problem, as I have a personal account on Paypal. I have a withdraw limit of $500, so I can not do that. I do not have another credit card to obtain a business account, so I can not transfer funds. Even if I could, I would suffer a good deal of tax that I would rather not. I tried working with both vendors, but neither would accomodate me, surprisingly. What are my options, then? As a last resort, I could either transfer the funds to a friend's account, as I do not wish to upgrade mine. I would still like to know my options.
A Personal Paypal account does not have a withdrawal limit of $500 unless it is unverified. I've withdraw thousands at a time to my bank account and it worked. There are vendors who do not deal with Paypal but there are some that do. I assume you are from the US since both of those stores are US based. You could probably opt for the Paypal Debit Card then use that to make purchases. I would assume that as long as you already made a sale or earn an income, whether you withdraw them to your bank account or not, you will be subjected to tax.
I didn't know that this withdraw limit was for unverified accounts. Mine is verified, of course. Thanks for the help guys!