Comments on: How To Set Up A PayPal Account For Your Business

By: Jason Eyermann

Jason Eyermann — Mon, 22 Oct 2012 15:15:20 +0000

I currently have a premiere account that i’ve been using for years. I’ve recently set up a business bank account for my new business. Would I need a different pay pal account to my personal one, as i want to pay for different things on my business bank or personal bank account depending on what i buy, or does paypal have a solution for that?

By: Ken

Ken — Thu, 13 Sep 2012 10:42:04 +0000

I agree, they are not a good business with which to partner. They can go into your bank account for any reason. Their terms of service are horrible.

By: Ken

Ken — Thu, 13 Sep 2012 10:40:45 +0000

Actually this doesn’t appear to be true. Your paypal account will remain “unverified” until you do add a bank account, but practically you can still send out invoices to others who can then pay you. The only way you’ll be able to withdraw money is in checks of up to $500 (with $1.50 fee per check), or I think bank wire was also possible. The reason this is great is because many people have been burned by Paypal before. They can decide whether or not your goods or services are in violation of their morals (no joke, many legal herbal products are banned by them), freeze your account when they find out, and even go back into your bank account to refund everyone you did business with. Going the check-only route is really the only safe way to do business with Paypal, unfortunately. Paypal does not believe in a free society, instead imposing their morality (or perhaps it is about monopoly protection for specific industries) on its customers.

By: Tim Brookes

Tim Brookes — Mon, 18 Jun 2012 11:11:05 +0000

As far as I’m aware you need a business bank account to set up a PayPal business account. If you don’t have a business bank account then create a Premier account and upgrade the account once you have one.

By: Jess

Jess — Mon, 18 Jun 2012 08:05:07 +0000

It is necessary to have a business bank account to add in the business pay pal account? or can be added the same normal savings account of a personal paypal account?

By: Achraf52

Achraf52 — Wed, 02 May 2012 23:15:45 +0000

This is really a mess by them to our countries, which are not allowed to receive their payments .

By: Achraf52

Achraf52 — Wed, 02 May 2012 23:14:42 +0000

No Google will not retire it as it is a part of their app markets and payment system, so I guess they have no other option than keeping it good for everyone .

By: Achraf52

Achraf52 — Wed, 02 May 2012 23:13:07 +0000

This Paypal service seems too bad, first they don’t allow countries such as Morocco to receive money on their account, then they don’t have any direct contact form that get a reply soon, they also froze accounts of many users without any reason and don’t reply to any messages, so I wonder if this is a safe place to hold hundreds of thousands of dollars a business may need or earn, after all I stick with Alertpay which provide quality service .

By: tamer sakhsoukh

tamer sakhsoukh — Fri, 27 Apr 2012 23:43:00 +0000

I really would love to set up a Paypal account but unfortunately, it is not offered here in Egypt.Could you provide me some tips to establish a Paypal account as i am running an online bussiness ?

By: Tim Brookes

Tim Brookes — Fri, 27 Apr 2012 04:39:51 +0000

Well that’s a matter of opinion! There’s also Google Checkout – that is unless Google retired it.

By: AriesWarlock

AriesWarlock — Thu, 26 Apr 2012 14:15:13 +0000

Isn’t Amazon Payments better?

By: Amaad Mirza

Amaad Mirza — Thu, 26 Apr 2012 12:32:20 +0000

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By: Amaad Mirza

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By: Kyem Ghosh

Kyem Ghosh — Thu, 26 Apr 2012 03:35:24 +0000

I signed up to paypal 2 n half years ago to shop at ebay. Last year I repeatedly got notification mails from paypal about proving the PAN (Personal Account Number) to continue transactions using paypal. And there is no alternative against it Even most of the Indian banks ask for PAN number for creating a bank account for Indian citizens. You’ll get to know more here
techie-buzz.com/tech-news/paypal-limit-india-pan.html

By: Tim Brookes

Tim Brookes — Thu, 26 Apr 2012 02:52:43 +0000

Thanks for the info! It seems there’s a lot of different policies to adhere to depending on where you are, thanks to various international laws.