How do I get started with PayPal?
Answer: you need to first choose a type PayPal account, and set that up for yourself.
Here are your three PayPal account choices:
Choice 1: PayPal Personal Account
This is the basic PayPal account that lets you pay for your eBay purchases with ease. You can use it to send and receive money. You can send funds to anyone with an email address in 55 countries and regions. Personal account will even let you accept payments should you sell something via eBay. The catch: you can only accept payments from other PayPal accounts, and you cannot accept credit or debit card payments.
There is no fee for either the Personal account or the transactions you make through it. There is, however, a limit on how much can you receive per month. If you plan to sell a a high volume of product, the Personal account might be too restrictive.
Choice 2: PayPal Premier Account
This type of a PayPal account has all the functionality of the Personal account, plus you can accept credit and debit cards, and bank account payments. Premier account also offers such features as “shopping cart” and payment reporting tools. This account type is good for a serious amateur seller who wants to move items online on a regular basis.
Premier accounts are free to create, free to hold money, and free to send money. Withdrawals of funds are where PayPal will take service charges. There are also optional services with optional fees; please check PayPal website for details. The setup process of a Premier account is similar to that of a Personal account. If you currently use a Personal account, you can always upgrade to Premier.
Here are your three PayPal account choices:
Choice 1: PayPal Personal Account
This is the basic PayPal account that lets you pay for your eBay purchases with ease. You can use it to send and receive money. You can send funds to anyone with an email address in 55 countries and regions. Personal account will even let you accept payments should you sell something via eBay. The catch: you can only accept payments from other PayPal accounts, and you cannot accept credit or debit card payments.
There is no fee for either the Personal account or the transactions you make through it. There is, however, a limit on how much can you receive per month. If you plan to sell a a high volume of product, the Personal account might be too restrictive.
Choice 2: PayPal Premier Account
This type of a PayPal account has all the functionality of the Personal account, plus you can accept credit and debit cards, and bank account payments. Premier account also offers such features as “shopping cart” and payment reporting tools. This account type is good for a serious amateur seller who wants to move items online on a regular basis.
Premier accounts are free to create, free to hold money, and free to send money. Withdrawals of funds are where PayPal will take service charges. There are also optional services with optional fees; please check PayPal website for details. The setup process of a Premier account is similar to that of a Personal account. If you currently use a Personal account, you can always upgrade to Premier.
Choice 3: PayPal Business Account
This is the business class of a PayPal account, best suited to individuals running a large scale online business or online store. Business account allows you to operate under your business name, and use Reporting and eBay Tools with no restrictions on transaction size. It is the best choice if you expect complex Accounts Payable. There is broad functionality for the business owners that help them to manage very large amounts of sales with ease.
Like Premier, there are optional services with optional fees, but the base Premier account is free for creating, holding, and sending money; please check PayPal website for details. The setup process of a Business account is similar to that of a Premier account. If you currently use either Personal or Premier account, you can upgrade to Business.
1. What exactly is PayPal?
2. How does PayPal make money?
3. What can I use PayPal for?
4. How safe is PayPal?
5. How do I get started with PayPal?
6. How do I set up my new PayPal account?
7. How does PayPal withdraw my money?
8. How do I send money with PayPal?
9. I won an eBay auction! What now?
Make online cash
2. How does PayPal make money?
3. What can I use PayPal for?
4. How safe is PayPal?
5. How do I get started with PayPal?
6. How do I set up my new PayPal account?
7. How does PayPal withdraw my money?
8. How do I send money with PayPal?
9. I won an eBay auction! What now?
Make online cash
