Should I choose to have an individual or business Paypal account?

Discussion in 'PayPal' started by TragicEvent, Jul 31, 2013.

  1. #1
    Hi guys,

    I currently use my Paypal account to accept payments from selling reviews. I recently noticed that I was close to reaching my limits and so want to lift them. However, I don't known whether I should choose business or individual type - what do you guys think?

    Thanks.
     
    TragicEvent, Jul 31, 2013 IP
  2. Avener

    Avener Well-Known Member

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    #2
    Create an individual account and go from there.
    Once you reach your limit you simply provide the information that PayPal requires.
     
    Avener, Jul 31, 2013 IP
  3. TragicEvent

    TragicEvent Member

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    #3
    So they won't complain if I make it individual and continue to receive money?
     
    TragicEvent, Jul 31, 2013 IP
  4. lifeplayer

    lifeplayer Notable Member

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    #4
    Choose business account if only you have run the company, else individual premier account is good enough
     
    lifeplayer, Jul 31, 2013 IP
  5. Avener

    Avener Well-Known Member

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    #5
    As long as you occasionally plan on receiving personal payments you should be fine.
    If you however have a company and strictly plan on receiving payments that all regard to that company, then yes, a business account could be something for you.
     
    Avener, Jul 31, 2013 IP
  6. TragicEvent

    TragicEvent Member

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    #6
    Thanks for the help guys.
     
    TragicEvent, Jul 31, 2013 IP
  7. mian.owais211

    mian.owais211 Active Member

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    #7
    Individual account is good enough,but if you are company go for business.
    Good luck!
     
    mian.owais211, Jul 31, 2013 IP