Paypal Account Upgrade. Business or Premier??

temps425 · 08-07-2008, 07:13 PM

PP says they want to upgrade from personal to premier or business account. Is it irrelevant which one I chose as far as less limits? Will I have to verify after I upgrade?

**aspkin** · 08-08-2008, 06:43 AM

I always go for Business, and it works well for me.

ebay · 08-08-2008, 09:13 AM

but they still ask you for documents right

**aspkin** · 08-08-2008, 10:20 AM

For business? Nope, you just need a confirmed and verified account and you're good to go. I have fewer problems with business paypal accounts then regular ones. They're highly recommended.

ebay · 08-08-2008, 11:40 AM

i had a buisness account and they still wanted passport and some other stuff

Modee · 08-08-2008, 12:47 PM

PayPal does not differentiate between either form of account. Why? PayPal does not verify that you are indeed a business. Common sense.

Aspkin, our PayPals are years old which is why they haven't asked for much verification lately. Nothing to do with that they are "business:" accounts. But if you do not already have a SS # attached to them I guarantee they will ask for that eventually with the new tax regulations coming into effect.
Taxes - PayPal, other credit card processors reporting income (gross receipts) to IRS
I promise that.

Why would an EIN not suffice? Well an EIN would suffice if they could also verify your business entity AND the business has credit.
http://www.aspkin.com/forums/paypal-...se-ss-ein.html
Otherwise, no.

And if you are in Canada PayPal will ask for documents to verify your identity in some other way. In the UK, they currently do the ID verification via the phone verification ordeal.
UK paypal phone verification

No free lunch.

ebay · 08-08-2008, 02:14 PM

no they dont do it over the phone
they tell you to scan and upload the documents
i am from the uk

greg2414 · 08-08-2008, 02:16 PM

In paypal's eyes. A business to them is someone selling items regular over and over. Thats a business to them lol.

temps425 · 08-08-2008, 02:51 PM

Well I went with a business account, but those payments that were blocked have still not been released. They show up as pending under SOLD ITEMS.

When I click them, it still says to chose an account upgrade, but I just did that.

I have been able to take payments since then, but the originally locked payments are not showing up. Cant even see the address to ship them...

Modee · 08-08-2008, 02:57 PM

Sometimes PayPal asks to see the business docs. Usually not. But they verify nothing they just look at the paperwork. And they know that they verify nothing, which is why they give you no break for being a "business."

**aspkin** · 08-09-2008, 12:16 AM

Right Paypal doesn't verify your business which is why I recommend creating one. My latest Paypal account is about 6 months old, I started it as a business account, verified it and had it confirmed and it's still going strong. And yes of course Paypal will ask you eventually for a SS#, I did not dispute that but you know what? I have that settled.

thakid212 · 08-10-2008, 02:57 PM

Quote:

Originally Posted by aspkin

Right Paypal doesn't verify your business which is why I recommend creating one. My latest Paypal account is about 6 months old, I started it as a business account, verified it and had it confirmed and it's still going strong. And yes of course Paypal will ask you eventually for a SS#, I did not dispute that but you know what? I have that settled.

What did you do when they asked you for your SS#

08-07-2008, 07:13 PM	#1 (permalink)
temps425 eBay Newbie iTrader: (0) Join Date: Mar 2007 Posts: 41 Thanks: 0 Thanked 0 Times in 0 Posts Activity: 4% Longevity: 93%	Paypal Account Upgrade. Business or Premier?? PP says they want to upgrade from personal to premier or business account. Is it irrelevant which one I chose as far as less limits? Will I have to verify after I upgrade?

08-08-2008, 06:43 AM	#2 (permalink)
aspkin Administrator iTrader: (3) Join Date: Jan 2007 Location: United States Posts: 3,933 My Mood: Thanks: 0 Thanked 9 Times in 8 Posts Activity: 83% Longevity: 100%	I always go for Business, and it works well for me. __________________ Join the eBay Suspension Forums. Subscribe today! EBay Stealth - Get all the details for a stealthy eBay account! A clever person solves a problem. A wise person avoids it. — Einstein.

08-08-2008, 10:20 AM	#4 (permalink)
aspkin Administrator iTrader: (3) Join Date: Jan 2007 Location: United States Posts: 3,933 My Mood: Thanks: 0 Thanked 9 Times in 8 Posts Activity: 83% Longevity: 100%	For business? Nope, you just need a confirmed and verified account and you're good to go. I have fewer problems with business paypal accounts then regular ones. They're highly recommended. __________________ Join the eBay Suspension Forums. Subscribe today! EBay Stealth - Get all the details for a stealthy eBay account! A clever person solves a problem. A wise person avoids it. — Einstein.

08-08-2008, 12:47 PM	#6 (permalink)
Modee Tech Support Guru iTrader: (63) Join Date: Jan 2007 Location: United States Posts: 3,813 My Mood: Thanks: 0 Thanked 11 Times in 11 Posts Activity: 91% Longevity: 99%	PayPal does not differentiate between either form of account. Why? PayPal does not verify that you are indeed a business. Common sense. Aspkin, our PayPals are years old which is why they haven't asked for much verification lately. Nothing to do with that they are "business:" accounts. But if you do not already have a SS # attached to them I guarantee they will ask for that eventually with the new tax regulations coming into effect. Taxes - PayPal, other credit card processors reporting income (gross receipts) to IRS I promise that. Why would an EIN not suffice? Well an EIN would suffice if they could also verify your business entity AND the business has credit. http://www.aspkin.com/forums/paypal-...se-ss-ein.html Otherwise, no. And if you are in Canada PayPal will ask for documents to verify your identity in some other way. In the UK, they currently do the ID verification via the phone verification ordeal. UK paypal phone verification No free lunch. __________________ .. . Please read the following threads before you use this forum or create a new thread: http://www.aspkin.com/forums/ebay-su...ease-read.html http://www.aspkin.com/forums/ebay-di...ing-posts.html http://www.aspkin.com/forums/ebay-di...addressed.html Please read below before you PM me with a question: http://www.aspkin.com/forums/ebay-di...h-support.html I do offer one-on-one tech support! to get you back on EBAY quickly. Last edited by Modee; 08-09-2008 at 03:29 AM.

08-08-2008, 02:57 PM	#10 (permalink)
Modee Tech Support Guru iTrader: (63) Join Date: Jan 2007 Location: United States Posts: 3,813 My Mood: Thanks: 0 Thanked 11 Times in 11 Posts Activity: 91% Longevity: 99%	Sometimes PayPal asks to see the business docs. Usually not. But they verify nothing they just look at the paperwork. And they know that they verify nothing, which is why they give you no break for being a "business." __________________ .. . Please read the following threads before you use this forum or create a new thread: http://www.aspkin.com/forums/ebay-su...ease-read.html http://www.aspkin.com/forums/ebay-di...ing-posts.html http://www.aspkin.com/forums/ebay-di...addressed.html Please read below before you PM me with a question: http://www.aspkin.com/forums/ebay-di...h-support.html I do offer one-on-one tech support! to get you back on EBAY quickly.

Having Trouble Getting Started? Get The Complete Step by Step EBay Guide - Ebay Stealth!

08-08-2008, 09:13 AM	#3 (permalink)
ebay Subscribed Member iTrader: (0) Join Date: Aug 2008 Posts: 68 Thanks: 0 Thanked 0 Times in 0 Posts Activity: 4% Longevity: 16%	but they still ask you for documents right

08-08-2008, 11:40 AM	#5 (permalink)
ebay Subscribed Member iTrader: (0) Join Date: Aug 2008 Posts: 68 Thanks: 0 Thanked 0 Times in 0 Posts Activity: 4% Longevity: 16%	i had a buisness account and they still wanted passport and some other stuff

08-08-2008, 02:14 PM	#7 (permalink)
ebay Subscribed Member iTrader: (0) Join Date: Aug 2008 Posts: 68 Thanks: 0 Thanked 0 Times in 0 Posts Activity: 4% Longevity: 16%	no they dont do it over the phone they tell you to scan and upload the documents i am from the uk

08-08-2008, 02:16 PM	#8 (permalink)
greg2414 eBay Mastery iTrader: (1) Join Date: Jun 2008 Posts: 528 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Activity: 1% Longevity: 23%	In paypal's eyes. A business to them is someone selling items regular over and over. Thats a business to them lol.

08-08-2008, 02:51 PM	#9 (permalink)
temps425 eBay Newbie iTrader: (0) Join Date: Mar 2007 Posts: 41 Thanks: 0 Thanked 0 Times in 0 Posts Activity: 4% Longevity: 93%	Well I went with a business account, but those payments that were blocked have still not been released. They show up as pending under SOLD ITEMS. When I click them, it still says to chose an account upgrade, but I just did that. I have been able to take payments since then, but the originally locked payments are not showing up. Cant even see the address to ship them...

08-09-2008, 12:16 AM	#11 (permalink)
aspkin Administrator iTrader: (3) Join Date: Jan 2007 Location: United States Posts: 3,933 My Mood: Thanks: 0 Thanked 9 Times in 8 Posts Activity: 83% Longevity: 100%	Right Paypal doesn't verify your business which is why I recommend creating one. My latest Paypal account is about 6 months old, I started it as a business account, verified it and had it confirmed and it's still going strong. And yes of course Paypal will ask you eventually for a SS#, I did not dispute that but you know what? I have that settled. __________________ Join the eBay Suspension Forums. Subscribe today! EBay Stealth - Get all the details for a stealthy eBay account! A clever person solves a problem. A wise person avoids it. — Einstein.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode