Should I Upgrade Paypal to Business Paypal?
Hello everyone. I have a paypal and Ebay account that I purchased that I linked together. Everything has worked fine this far.
My question is, would it be beneficial or detrimental to attempt to upgrade this personal Paypal account to a Business account. I am getting the 72 hour delay every single time I initiate a bank transfer, and this makes me anxious in fear of not getting my money while it is sitting. I believe that these holds do not occur with the business accounts. I may be wrong here.
I don't have large amounts of Ebay sales going through this particular account compared to most. Maybe 1k a week, give or take, but this may seem a bit much in the eyes of Paypal for a personal account?
BTW, I do have several Ebay accounts, so I am doing my best to keep things spread out as much as possible.
When clicking on the "upgrade to business account", it wasn't asking for a EIN number, just a business name, phone number, and address. If someone could please let me know if this would be a good or bad move.
Thanks in advance. If I left any information of details out that would help with answers, please let me know. I am trying to read as much as possible in the forums to learn as much as I can.
Thanks
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