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Old 03-05-2015
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Default PP reqesting SS# for limited biz accts

sorry if this has already been posted, but i've noticed a few of my business accounts that got limited, paypal is always asking for SS# to verify ID. I remember reading in the stealth guide this is not the case and instead they ask for EIN.

Maybe this is just a new-ish thing, but paypal is asking for both SS# and EIN or "proof of business"


As a part 2 to this post, what is the procedure for making a personal account into a business account later? Is it difficult?
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Old 03-05-2015
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Default Re: PP reqesting SS# for limited biz accts

If your Account is limited, than nonsense of forming a business and adding an EINS when you will probably just waste it since odds are always against you of getting an account restored

This is a step you need to prepare for but never enter the EIN until your account is doing well and you are on pace to meet the 200/20K IRS requirement, and once paypal asks for the information you have it all ready and you can enter it than if that's the course u want

You are doing something that is raising serious concerns for PayPal that they are asking for both an EIN and SS# , but this is after the fact of being limited, so you need to address this or it will keep happening
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Old 03-06-2015
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Default Re: PP reqesting SS# for limited biz accts

Agreed if you accounts are being asked for this they are done. Even if you provided them I doubt that anything would be reinstated.
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Old 03-06-2015
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Default Re: PP reqesting SS# for limited biz accts

Quote:
Originally Posted by blockhead View Post

As a part 2 to this post, what is the procedure for making a personal account into a business account later? Is it difficult?
Thanks

I was asking this for a brand new stealth account. Just wondering how difficult it is to change a personal to a business account

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Old 03-09-2015
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Default Re: PP reqesting SS# for limited biz accts

Changing personal to business is a matter of a few clicks and some typing. Not hard at all. I always just upgrade my account to premier from the get go.
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