Paypal Verification 'Additional Information' Details?!

[johnnyleeds]

Hi Everyone!

I am in the process of setting up my new Paypal account and I am a bit confused as to all the new stuff you are required to provide, its changed a bit since I last registered with Paypal. Please can somebody tell me, do I need to have a Paypal Premier account to sell on eBay in the UK?

Also the section on verification that asks about: Business Type / Category / Average Monthly Volume, what am I supposed to put, I am trading as an individual and I dont have a VAT number / business name etc.

Can I still sell things up to a certain degree without lifting the limits on money I can receive?

Thanks for everyones kind advice, its just become such a minefield now that its very confusing trying to make sure I dont make any errors, I have worked through the eBay stealth guide with regards to setting out all my details in an Excel file etc but there seems to be a lot of other things to be careful of besides what it says in the guide. I am just glad this forum exists to help out! Keep up the good work Aspkins!

Johnny

[citypark]

Hi, I can only answer 1 question.

>>>Can I still sell things up to a certain degree without lifting the limits on money I can receive?

NO!!! You cannot. They can limit you when you received only £50 or even less although the maximum of received money is £1,000. If they wanna limit you, they will limit you. and when they limit you, you cannot sell anymore until you complete all steps you have to do to lift your limitation.

[johnnyleeds]

Thanks for your advice citypark, If anyone can answer my question on the 'Additional Information' section on the Paypal verification form it will help me out enormously, I am paranoid that I have selected the wrong type of account or something and I am making more work for myself than is necessary.

Cheers!

Johnny

[aspkin]

Just enter said 'Additional Information' the best you can, and you should be fine.

It's not a huge deal. Just follow what's in eBay Stealth, make sure not to link accounts and you should be okay. Good luck!