Paypal account type question

by Mark Brian 4 replies
Currently I have a Premier account, I was wondering does it have any limits? For example if I actually manage to create a buying frenzy and people can't be stopped putting money in my Paypal that it reaches tens of thousands per day... do I need to have a Business account or Premier will just do fine? (the only difference I see between the two is "Multi-user access")
#main internet marketing discussion forum #account #paypal #question #type
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  • Profile picture of the author mmurtha
    Mark,

    Yes it does.

    You'd be much better to upgrade it to a business account if you are doing business like that.

    Hope this helps ...


    Mary
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  • Profile picture of the author George Wright
    Hi, EDIT: I'm in no way disagreeing with Mary (didn't see the post) A business account wouldn't hurt. I just know others who haven't gone to business and use the premier. Mary's advise is good. (as always)

    Your account is fine for what you are describing, however, be sure to call PayPal and tell them you are getting ready to run a campaign and to expect a large influx of cash.

    I've found over the years from personal experience and mainly from talking to ones who do a lot more business than I do that you should build up relatively slowly.

    Run a campaign where maybe just $3k comes in. Then $4k etc. Keep in contact with PayPal and constantly let them know what is going on.

    George Wright
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    "The first chapter sells the book; the last chapter sells the next book." Mickey Spillane
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    • Profile picture of the author abelacts
      Originally Posted by George Wright View Post


      Your account is fine for what you are describing, however, be sure to call PayPal and tell them you are getting ready to run a campaign and to expect a large influx of cash.

      George Wright
      Very true! Paypal is a very sensitive animal. If he suspects something, your account status will be changed... You don't want that to happen!
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  • Profile picture of the author Mark Brian
    Thank you Mary and George. I guess I'll keep in contact with them in case a sudden influx of cash happens. Thanks again.
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