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  #1  
Old 01-10-2017
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Default 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.
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Old 01-10-2017
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Default 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.
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Old 01-12-2017
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Default 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.
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Old 01-12-2017
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Default Re: Personal Paypal Vs Company

Quote:
Originally Posted by yup1983 View Post
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.
Could you explain how this is done with STEALTH paypals?

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Default Re: Personal Paypal Vs Company

You have to enter a SSN in order to get the debit card...
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Old 01-12-2017
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Default Re: Personal Paypal Vs Company

@OP, can you consider OTHER processors for payment than just paypal?
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Default Re: Personal Paypal Vs Company

Quote:
Originally Posted by kvncsta View Post
You have to enter a SSN in order to get the debit card...
Indeed... stealth and SSN together?

Hopefully yup' will enlighten us
Yup, sure hope that happens.
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Old 01-13-2017
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Default Re: Personal Paypal Vs Company

Quote:
Originally Posted by GreenBean View Post
Could you explain how this is done with STEALTH paypals?

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.
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Old 01-13-2017
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Default Re: Personal Paypal Vs Company

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Originally Posted by yup1983 View Post
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.
Forget talking about it here then.

NOT What we do.

Poor info from you helps no one.

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Default Re: Personal Paypal Vs Company

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Originally Posted by GreenBean View Post
Forget talking about it here then.

NOT What we do.

Poor info from you helps no one.

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?
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Old 01-13-2017
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Default Re: Personal Paypal Vs Company

Quote:
Originally Posted by rsot View Post
@OP, can you consider OTHER processors for payment than just paypal?
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.
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