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| | #1 |
| Senior Warrior Member War Room Member Join Date: Feb 2006 Location: London UK
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Hey Guys, Title says it all. IS there a way to import the subscriptions you have in one paypal account, over so they are paid into another account? Any ideas appreciated. Thanks, Andrew |
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| | #2 |
| Enlightened Warrior War Room Member Join Date: Nov 2007 Location: New York, USA.
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Hey Andrew, I'm not 100% sure, but I don't think so. My suspicions come from over at SitePoint. Some of the sites that have been for sale on the Marketplace are membership type sites that use paypal for recurring payments (ie: subscriptions). While browsing related messages on Sitepoint, I've read that transferring subscription info from one pp account to another isn't allowed. As such, it's always an issue when buying a membership site whose subscriptions are maintained by Paypal. Still, you may want to ask paypal directly. Hope this helps. Peace! - Jay |
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| | #3 |
| Senior Warrior Member Join Date: Aug 2008 Location: central Florida
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The correct way to do it would probably be to set up a company that just owns the site, then have that company get a PayPal account, then when selling, sell the company rather than the site. That way the company would still have the PayPal account. Or use a merchant account instead. |
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| | #4 |
| Info Philanthropist War Room Member Join Date: Jul 2002 Location: USA
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Hey Andrew, The only way I would assume to do this without disrupting the money flow or having to ask your subscribers to renew their subscriptions would be to first [i]disassociate[/b] the subscription receiving email address from the original account and associate the same subscription receiving email address to the new PayPal account. Now, don't quote me on this; as I've never done this before. I'm just speaking from a logical standpoint. It would definitely be wise to consult with PayPal directly, before doing anything. That being said, IF they allow this, more than likely the "transaction history" of all the subscription fees "already paid" will remain in the original account's history; (PayPal's history server is their weakest link). Yet, if you're practicing good accounting principles, you'll already have a sub-system backing up all of your transactions, anyway. Right? ![]() Hope this helps... PLP, tecHead |
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| | #5 |
| PLR A La Carter War Room Member Join Date: Mar 2005 Location: Fort Macleod, Alberta, Canada.
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Short answer is NO
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| | #6 |
| Brian Rooney, TrafficWave War Room Member Join Date: Aug 2006 Location: TX , USA.
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The idea about selling the entire company is the right way to go for this one. You would need to sell the company in its entirety, making sure that the new owner changed the profile information in the Paypal account (billing address, bank acct info, etc... ).
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| | #7 | |
| www.erica.biz War Room Member Join Date: Jan 2008 Location: San Diego, CA
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You MUST transfer the ENTIRE Paypal account when you sell or transfer your business. Paypal subscriptions are not linked to an email address, but rather an internal Paypal account ID. I went through he** with this and decided that Paypal subscriptions are the worst of the worst. Do not use them if you intend to sell your business. (In other words, pretty much ever.) -Erica | |
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| Tags |
| acc, import, paypal, subscriptions |
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