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number of paypal account allowable

  1. nick071438 profile image54
    nick071438posted 7 years ago

    I'm not kidding.  I'm already in my sunset and I mean business.  I need honest-to-goodness answers.  I'm really confused.  Can I open more than one pay pal account?  Is the pay pal account not enough without a credit card?  Can one of these documents mot stand without the other?  Kindly share me your expertise.  Thank you.

    1. tim-tim profile image37
      tim-timposted 7 years ago in reply to this

      I believe that you can only sign up for one account. You either would need to have a bank account or a credit card to process it. Does it answer your question? I hope that will help you. It is hard to learn all that on the internet. Trust me, I am already in mt  sunset as well, LOL.

  2. WriteAngled profile image91
    WriteAngledposted 7 years ago

    You can have one personal account and one account in the name of your business. However, the personal account only lets you send money. If you want to accept money on a non-business account, you need a premier account. This is where Catch 22 comes in: you can't have a premier account and a business account at the same time. So if you ever need to accept money on a personal basis, you are stuck with having to use the same eBay account (premier or business) for both your private use and your business use. This is one of the most stupid rules I have ever come across. It goes against the most fundamental principle of keeping private money separate from business money.

    1. Marisa Wright profile image93
      Marisa Wrightposted 7 years ago in reply to this

      Sorry WriteAngled, that's not correct.  It's a common misconception, though.

      I only have the basic Paypal account and I accept money all the time. 

      I believe you only need a premier account if you want to accept credit card payments.

  3. nick071438 profile image54
    nick071438posted 7 years ago

    tim-tim and writeAngled, you are my angels.  Thank you for sharing me your expertise on the issue.  I know it's not only me who'll derive benefit from the knowledge you've shared but likewise others.  May your tribe increase.

  4. WriteAngled profile image91
    WriteAngledposted 7 years ago

    Arrgh! Obviously I meant Paypal not eBay account!!!

    I'm not sure if this is still the case, but a number of years ago I had huge problems when I got rid of the credit card account for the card I had registered as my primary card with Paypal. It was a Visa card. I tried to register my new Visa card (from a different provider) and was told I couldn't register a second Visa card with Paypal, even though the first card account no longer existed and I had deleted that card from my Paypal account. I had to apply for an extra Mastercard in order to have a card Paypal would accept.

  5. WriteAngled profile image91
    WriteAngledposted 7 years ago

    From Paypal:

    "•Personal Account
    This account is ideal if you shop online. Make safer, faster payments on eBay and hundreds of other websites without sharing your details. You can also send money to friends and family for very low fees, or for free with your bank account.

    •Premier Account
    Perfect for both buying and selling, you can make secure payments on eBay and many other retail websites. You can also use this account to accept credit card, debit card and bank account payments for low fees.

    •Business Account
    If you're looking to start or expand your online business, you can choose from a range of Business Accounts to suit your needs. With low fees, a Business Account lets you accept credit card, debit card and bank account payments from over 20 million online shoppers"

    Thus it seems that a personal account can only accept money from someone who has a Paypal account that has been loaded with money, although even that is not mentioned in the account description. That is not very useful, even if I only want to sell the odd secondhand CD or whatever on eBay, I would most probably be unable to accept a payment from many buyers.

    1. Marisa Wright profile image93
      Marisa Wrightposted 7 years ago in reply to this

      This is Paypal being misleading, to tempt people into paying money for an account they don't need.  You'll note they don't say you can ONLY make payments with the personal account - they just fail to mention receiving.  It's very unfair but you're not the first person to get sucked in.

      I've had a personal account with Paypal for several years and have never had a problem accepting money.  That's how I get paid by Helium, and by my eBay affiliate account. 

      Here's the account comparison and you'll see they don't even mention the ability to receive money other than by credit card.  And the big disadvantage of the premier and business accounts is that there's a fee for receiving payments, which doesn't apply on the personal account:

      https://www.paypal.com/au/cgi-bin/websc … es-outside

  6. WriteAngled profile image91
    WriteAngledposted 7 years ago

    Humph, well then Paypal definitely suckered me!

    1. Marisa Wright profile image93
      Marisa Wrightposted 7 years ago in reply to this

      I'm not surprised, to be honest.  I used to write on Helium, which pays by Paypal.  People were constantly posting on the forums because they had signed up for the Premium account, thinking that was the only way they could receive the money. 

      The fees may have changed now, but at the time having a Premium account meant they were charged a fee to receive the payment - and since Helium's payout is so low, it really mattered.

      1. nick071438 profile image54
        nick071438posted 6 years ago in reply to this

        As can be seen, I'm the original poster of this issue.  I happened to drop by  and notice these vital answers to the query just now.  I wish to let those who have participated in the forum that I'm sincerely grateful to them, especially to Marisa Wright and. WriteAngled.  Thank you again.

 
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