stealthychew | 07-07-2013 06:26 PM | Paypal Business Verifying By Company Name not Personal Name I've had several PP's Business, not Personal, where you use a Business name but do not enter an EIN - you say it is an individual business - and you name it whatever you want - and you add your name as the account holder.
When PP verifies this Business, it verifies with your personal name - but apparently I was wrong or they changed it. They verify the "business" account now by the business name - even if you do not supply a EIN - instead of your name as the sole indivudual.
which is why the 3 PPs created - none of them had deposits because they were business in order to accept money.
So if you call your PP business account Green Seeds - you cannot get it verified to send money to with your name. So I must have made a mistake thinking I could send money from the PP business account to my bank account - so you have to transfer from a business to an individual in order to deposit?
I called my bank and they said the two deposits were rechecked because they came in the name Green Seeds.
What I don't get is - EB allowed me to use a personal account to accept payments? I thought you had to be a Business account in order to accept EB payments? Because all my EB payments went into my netspend before in my name, for years, not the business name. |