Paypal Normal account VS business account?

by 7 replies
14
Can anybody explain the benifits the paypal business account has compared to the normal?

and advantages/disadvantages of both
and any special requirements in both.


and do any of them require you to link up your tax details/income etc?

(i will be using $7 and RAP for future projects)
#main internet marketing discussion forum #account #business #normal #paypal
  • Anybody know please ?
  • I think if you're planning on using RAP then you need a business account as the personal one doesn't allow you to collect payments.

    I don't think there are pros and cons - if you want to run a business online using PayPal then you need the business account option.
    • [ 1 ] Thanks
    • [1] reply
    • does this business account require you to link up your tax details/income etc?
      • [1] reply
  • If you are in business than i would suggest you to go with paypal business account because it is suitable for all types of business ion internet...
  • I have written an exhaustive article on PayPal facts .It will surely help you.
    • [ 1 ] Thanks
  • There is a lot of misinformation in this thread. I suggest you read the information on Paypal's site and decide which account suits your needs.
    As a person you can register:

    -Personal Account
    Suitable if you're buying and/or selling something occasionally. Biggest advantage: no fees.
    -Premier Account
    If you're doing more/bigger transactions you'll eventually need to upgrade your Personal account to Premium.

    If you have a company you'll need a:
    -Business Account
    Business account type is very similar to Premium.

    I repeat, don't search for important information on public forums. Go to the source. In this case, only Paypal has the obligation to give you correct information on Paypal accounts.
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