Paypal business

[TTOPIAH]

hi, until my website is up and running for my new business i want sell some stock on ebay.
i have made a business ebay account and have set up a paypal account.
what i want to know is do i have to use a business paypal account or will a normal one be fine?
my main worry is if either paypal or ebay close either accounts and if using a normal paypal account with a business ebay account is allowed.
if it helps i sell video games and will only use the paypal account for ebay and will only use both accounts for business as to not confuse matters.
any help from your own experiences is very much appreciated!
thank you

 

[gemd89]

I think so - i didnt know a paypal count register as a business!

I use my personal paypal for my business website and business sales on ebay and have been doing so for 12 months no problems

Gemma

 

[seiretto]

Yes you can use either, and change them later.

The only trouble with doing that is keeping your business income separate from your personal income.

 

[Experienced IT guy]

I'd recommend having both if you are carrying out transactions for both personal and business use - keeping them separate makes accounts much more easy - if paypal think your usage warants a business account they let you know (or have in the past)

 

[stefanraj]

I think paypal is covering the market rapidly.With the use of it we can do easily a online shopping.
Now a days for almost every business peoples are taking the paypal account.

 

[TTOPIAH]

thanks i was worrying about that.
i am only using the account for work and as long as paypal will inform me if i need to upgrade i wont have to worry.

 

[timothyhop]

Paypal is used in many countries and it works fine its experience is better then credit card.

 

[phenoptix]

I'd open a business account, it doesn't cost any extra and would save time down the line if you do ok. They may well let you know but when paypal require you to do something they tend to hold funds as a way of making you do it quicker!
It also opens the possibility of better rates (on application they don't give you better rates automatically!) or even a micropayments account option if that would work out better for you fees wise.
Keep your business and personal account separate is my advice, it's too tempting to buy something on the business account then have to account for it at a later date when you're working out your taxes!

 

[silvermusic]

You should really look at up grading to a premier account, a business account isn't really needed unless you need limited access by other employees.

You can have two PayPal accounts, a personal one and a premier or Buiness account. Makes things nice and easy to keep transactions seperate.

Running a business on a personal account is quite possible, but you may find you run into limitations further down the line if you start taking a serious sums of money.

 

[catchtheniche]

The funniest thing about paypal business account is that this account is still as normal individual account. If you want to lift your limits you have to send your personal information and not business.