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Personal Paypal Vs Company
 

I am planning to open a paypal account to receive payments from my website but I'm not sure what should it be : personal or company .

Can anyone tell me the pros and cons for each when using the paypal only on my site ( no ebay or something like this ).

Thank you for your advice.

Re: Personal Paypal Vs Company
 

Business account is always way to go for me. Less hassle from PayPal when you receive big payments. Also, you can get the PayPal debit card that comes with the business account for free. Go to nearest ATM and withdraw $400 easy every 24 hours. With personal you have to wait few days to withdraw if they let you. When you try to send transfers or buy something online you might run into some errors which will result PayPal holding your funds but with the debit card you can spend right away with no hassle.

Re: Personal Paypal Vs Company
 

yup1983 thank you for the advice. But would it work me being in Moldova and using an offshore company in belize to sign-up?

From what I've read online there's mixed opinions: some say you can have the company in another country others say that it must be in the same country.

Re: Personal Paypal Vs Company
 

Could you explain how this is done with STEALTH paypals?

:ballchain:

Re: Personal Paypal Vs Company
 

You have to enter a SSN in order to get the debit card...

Re: Personal Paypal Vs Company
 

@OP, can you consider OTHER processors for payment than just paypal?

Re: Personal Paypal Vs Company
 

Indeed... stealth and SSN together?

Hopefully yup' will enlighten us
Yup, sure hope that happens.
:bird:

Re: Personal Paypal Vs Company
 

I use my real info. Debit card under my real name but there are very easy ways to go about it but that's illegal.

Re: Personal Paypal Vs Company
 

Forget talking about it here then.

NOT What we do.

Poor info from you helps no one.

:violin:

Re: Personal Paypal Vs Company
 

How's that poor info he asked which was better business or personal I said business he never mentioned stealth. I used real info but we all know how you can go around that but that's why I didn't discuss that because its illegal so whereas the poor info from me?

Re: Personal Paypal Vs Company
 

Thanks rsot, yes I could consider but merchant acounts have a long time to disburse funds outside US and I need the cash flow.

Others like skrill I guess will result in many cart abandonment.