PayPal Business Vs. PayPal Personal
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It is possible to have two PayPal accounts, however only one can be for personal use, and must be either Personal or Premier type. PayPal offers three different account types -- personal, premier and business -- each with different benefits and fees. Or is it that I have to pay a standard payment, evey month or so, despite lack of transaction s?
It also allows you to do business under a company or group name. Your customers do not have to have a PayPal Account, they can check out as a guest. PayPal's Premier and Business accounts are intended for people or businesses that handle a high transaction volume, usually for buying and selling or Internet-based companies.
Difference between Personal and Business PayPal Account - It is an account most suited for users who buy and sell online.
Established in 2000, PayPal has captured in excess of 200 million active accounts, across more than 20 countries worldwide. This payment processing company has evolved since its early days and now provides business and personal account options for its customers. Although the business and personal PayPal accounts offer many of the same options, there are clear variations between the two account types. PayPal Personal The PayPal personal account allows you to make safe, secure online payments, as well as send money and accept payments. This account is ideal for those who shop online and even sell on eBay. The personal PayPal account allows you to link your checking account to your PayPal account for easy money transfers and payment options. There is no charge for the personal PayPal account and the PayPal account is accepted at more than 1,000 online stores. PayPal Business The PayPal business account is ideal for online merchants, as well as other business entities. The account gives business owners the options of accepting payments without the excess credit card processing expenses. Along with the payment processing options, the PayPal business account provides its merchants with online invoicing options and virtual terminal processing, which allows you to process your customer payments online, as well as by phone, mail or fax. This accounts also provides options for express payments, allowing your customers to quickly check out with their PayPal account without providing personal information. PayPal research shows that businesses using the Express Checkout option see an average increase in sales of 14 percent. PayPal Debit And PayPal MasterCard The PayPal Debit Card and PayPal Plus MasterCard Credit Card are available options for the the personal and business accounts. The PayPal Debit Card provides customers with immediate access to their PayPal balances. This debit card includes a MasterCard logo and is accepted wherever MasterCard is accepted. This debit card provides an option of earning 1 percent cash back on certain purchases and provides 100 percent protection against fraudulent or unauthorized charges. The PayPal MasterCard is a MasterCard product that offers no annual fee with platinum card benefits. The PayPal Debit Card and PayPal MasterCard are available to personal and business account owners. Your PayPal account must be active, and in good standing, for at least 90 days for the PayPal Debit Card to become an available option for you. PayPal Student The PayPal Student Card is an option provided to business and personal PayPal account holders. This card is designed to provide students, 13 years of age or older, with a Debit MasterCard that their parents can control. Parents can control the amount on the card, as well as monitor spending limits and controlling spending activity. Considerations All PayPal accounts can be initiated for free. These accounts allow you to monitor your spending and check your balances using their online services. The PayPal customer service department is available online and via phone. PayPal also offers an in-depth security center, which provides information on how to prevent fraud, protect your purchases and achieve customer satisfaction for your clients. About the Author Writing professionally since 2004, Charmayne Smith focuses on corporate materials such as training manuals, business plans, grant applications and technical manuals.
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Added - Can someone please also print how does Paypal pay you. Choosing the right one is important, and entirely depends on the needs of your company. In addition to the withdrawal fees, as detailed above there is a fee for every transaction that passes through PayPal. Do you use PayPal. The EUR 2 ring fee is fixed. Can friends and family still send me personal payments. A business that wants to accept payments directly from its website will need to add the Advanced plan.
