Which paypal account is right for me?

Discussion in 'PayPal' started by Theozard, Jul 7, 2007.

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  1. #1
    I usually provide services to people and it seems that my paypal account cannot take in anymore money and i need to upgrade it..since i don't know much..can someone suggest me whether i should go with
    -Premium account or business account?

    Thanks
     
    Theozard, Jul 7, 2007 IP
  2. Richie_Ni

    Richie_Ni Illustrious Member

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    #2
    Do you run a company?
    If not,go with premier account.
     
    Richie_Ni, Jul 7, 2007 IP
  3. ebisa

    ebisa Banned

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    #3
    what amout of money do you work with? because i dont like the fees of the premier account and if you are working with something like 1k there is no sense of upgrading your account in my opinion
     
    ebisa, Jul 8, 2007 IP
  4. Richie_Ni

    Richie_Ni Illustrious Member

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    #4
    It has nothing to do with the amount.

    You'll have to upgrade when someone sends you payment via CC.
     
    Richie_Ni, Jul 8, 2007 IP
  5. Brennan

    Brennan Notable Member

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    #5
    You can have a personal account and business or premier account so keep your personal account and just get another :)
     
    Brennan, Jul 8, 2007 IP
  6. ebisa

    ebisa Banned

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    #6
    Silly me didnt know that. :rolleyes:
     
    ebisa, Jul 8, 2007 IP
  7. eddy2099

    eddy2099 Peon

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    #7
    By right, you are supposed to have a premier or business account when you are using it if you are using it to receive payments for goods and services through paypal. If you are using it for personal purposes for basically to make purchases and receive money from friends.

    Paypal charges a small fees for business transactions since you are making money using it. Paypal is not a charity. It needs to make money in order to survive so that they can provide you the service.

    Taken from Paypal FAQs
    https://www.paypal.com/helpcenter/m...lutionTopic=20067&solutionId=12797&isSrch=Yes

     
    eddy2099, Jul 8, 2007 IP
  8. getjimmy

    getjimmy Prominent Member

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    #8
    Is there any limit of accepting funds in personnel account?
     
    getjimmy, Jul 8, 2007 IP
  9. zexy

    zexy Guest

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    #9
    @ getjimmy - No that I'm aware of. You just can't receive more than 2 CC payments / year.
     
    zexy, Jul 8, 2007 IP
  10. axlarry

    axlarry Notable Member

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    #10
    I just don't like looking at the fees when I receive payment :(
     
    axlarry, Jul 8, 2007 IP
  11. william_bob

    william_bob Peon

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    #11
    Hi The correct Choice is...
    IF you have bank account in your name means go with premium account
    if you have bank account in your business means chose business account.

    You can upgrade your paypal account from premium to business at any time so don't worry about it..
     
    william_bob, Jul 8, 2007 IP
  12. Jovial

    Jovial Peon

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    #12
    IF you do not have a registered company and want to do online business then go with premier
     
    Jovial, Jul 8, 2007 IP
  13. ebisa

    ebisa Banned

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    #13
    as far as the account is verified you can receive as much paypal funds as you can there says that threre is no limit for that :rolleyes:
     
    ebisa, Jul 8, 2007 IP
  14. designerz

    designerz Banned

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    #14
    If you're just doing an online business.....go for premiere account..
     
    designerz, Jul 16, 2007 IP