Question

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OK, I have always been told that they only stupid question is the one that isn't asked so here goes. PayPal, I have never used it and now I am trying to get afflilate programs however all of them want PayPal, my question is do you get the personal or business?

Any and all suggestions greatly appreciated.

Thanks,

Brenda

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Recent Comments

78

Hi, I use a personal account with Paypal mainly for ebay sales, but also for purchases including WA fees.
Make sure you register a bank account with Paypal and that they do a ping. Cheers Mike

Mike thanks, ok what does a ping mean?
Brenda

Hi - "ping" - it just means that they'll take a penny (or a very small amount) from the bank account or card that you link to your PayPal account - so ensure that it has been setup correctly.

Cheers, Mark

good info Mike.

Thank you Mark as you can tell I have never used it before, that is good to know.
Thanks again, you are a wealth of information and I appreciate it.
Brenda

Hi Brenda - thank you for the comments - that's very kind. I'm just glad I was able to help a little.

All the best, Mark

I have a business one aswell but I've had this for years from previous businesses, I think setting up a personal account would be fine to begin with for the Affiliate Programs and as/when your business expands you could upgrade to the business account if required :-)

Kelly thank you, so many suggestions, probably going business.
Brenda

I have a business one - but for a long time I used a personal one for business transactions with no issue.

Thanks BIS I think I will go business.
Brenda

I have a premier one and seemed to recall that was advised if I were to start up a business a few years ago. I just checked and it is still called 'premier' - is that the middle/third way, I wonder?

Thanks Alan I will check that one out too
Brenda

Hi Brenda.

I have had a PayPal account for around 12 years. I have a business account - purely because I thought as I was earning some money, and declaring tax etc - that it would be better for me.

I think the transaction rates for personal and business are slightly different - but not greatly.

I do use mine for personal and business use - it's quite easy from their statements to separate out what you've been buying on ebay next to what you've been earning as a business.

All the best, Mark

Thanks Mark, going business.
Brenda

That is a good questions I do have a personal paypal account, but I was thinking of having a business one to keep it separate

Katie I think I am just going business.
Brenda

IMO - if using a business acct (version) there might be some credits that can be used / calculated in doing the tax filing (assuming USA + 1040) business expenses, even the little amounts canal add up
good to keep track of all of them

if part of my thinking is not on target pls update or feel free to add yoru two cents

Thank you change mind probably going business route now.
Brenda

you can get either one, I have a business and I am not a large business. If you are having affiliate links use a business name. If you start to sell on ebay a business name is better. I am AMG Enterprises which makes me look like a big company to everyone I do business with.

Thank you yes I am going tonuse business we already have established.
Brenda

In my opinion it depends on each country.
But each country like to collects taxes. :)
And of course internet business is business like each other.

Yes I will be running the money through a company that we already own, so maybe I need to do business.
Brenda

Personal for now unless you get a large business going

Thanks, Tommy, that is what I was thinking, oh my brain is on overload.
Brenda

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