What Happens If I have premeir/Business Account

Discussion in 'Payment Processing' started by mahi_mukka, Sep 23, 2009.

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  1. #1
    Dear All,
    I have a premier/Business Paypal Account. As i dint know the difference at the time of signup i havent cared abt type of account.

    Will there be any problem if i use it as personal account. i.e to send or receive money. if i submit downgrade they will do but if i would like to keep it as it for future use.

    If i have two paypal accounts for both of them can i use one bank account or credit card.

    Thanks for the support
     
    mahi_mukka, Sep 23, 2009 IP
  2. ijustwanttoknow

    ijustwanttoknow Active Member

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    #2
    you can start your reading on their FAQs then.. :)

    as far as I know, you can not downgrade the account type.. you can only upgrade, with these sequence : personal --->>> premier --->>> business

    i don't think it can be problem if you use them as personal account. however, i believe, using business account for personal purpose might be not that cost efficient.. you can read on their FAQ for details.. :)

    nope.. one bank account or credit card can only be used or linked to one paypal account..

    you can, however, add more than one bank account or credit card for one paypal account..
     
    ijustwanttoknow, Sep 23, 2009 IP
  3. mahi_mukka

    mahi_mukka Peon

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    #3
    Thanks alot
     
    mahi_mukka, Sep 23, 2009 IP
  4. mahi_mukka

    mahi_mukka Peon

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    #4
    any help..
     
    mahi_mukka, Sep 24, 2009 IP
  5. Moses8595

    Moses8595 Peon

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    #5

    Nope ,you can downgrade..:)
     
    Moses8595, Sep 24, 2009 IP
  6. Bohol

    Bohol Peon

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    #6
    I would suggest everyone upgrade to business account. There are more features and options that one can avail of under the business type of paypal account.
     
    Bohol, Sep 24, 2009 IP
  7. Aidey

    Aidey Member

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    #7
    what extra features do you get on a business account?
     
    Aidey, Sep 24, 2009 IP
  8. pepprs

    pepprs Peon

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    #8
    you can downgrade once, but a premier is many times better than a personal account, if you make regular business thru them. there is not miuch savings in a personal account as i can see,
     
    pepprs, Sep 25, 2009 IP
  9. prettybomb2008

    prettybomb2008 Peon

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    #9
    I have my own premier account and it is helpful when receiving tons of credit card payment...Although it has more service fee compared to personal account
     
    prettybomb2008, Sep 25, 2009 IP
  10. ArijitKRoul

    ArijitKRoul Well-Known Member

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    #10
    You cannot add one bank account in two separate PayPal account.
     
    ArijitKRoul, Sep 25, 2009 IP