Unless you are doing business where you send and receive large amount frequently, using business account is really not necessary. Business accounts have higher fees..
Why you should use PayPal business account
- Thread starter mcjerry
- Start date
I do not think that Paypal business account could get "hacked" or it is at a higher risk. However, I do believe that if you opt for a Paypal business acount, then it would require you to send many documents related to your business. I am not sure about paypal business account but this is the case with any business account of many other payment processors other than paypal.
Well, in reply to your question in the above post concerning why you should use a paypal business account, well i for one do think that you are right and the uses of a paypal business account are indeed valid and very important
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As a business owner, then the business account is definitely the better one compared to the individual and the benefits you listed above definitely backs my claim so.good one
I agree business accounts do have some benefits attached to them as well. Just like the guy righty stated some reasons to go for the business account. It is a good option.
6 benefits of a PayPal business account that you should know about
No monthly maintenance payments.
Lightning fast setup.
Low barriers to entry.
Get paid online or in person, in the U.S. and from abroad.
Easy e-commerce integration.
Get cash back with the PayPal business account debit card.
No monthly maintenance payments.
Lightning fast setup.
Low barriers to entry.
Get paid online or in person, in the U.S. and from abroad.
Easy e-commerce integration.
Get cash back with the PayPal business account debit card.
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I currently have a PayPal business account and I can see it has been very helpful to me. PayPal business account can help you to receive money from marketplaces and almost any website around the world.
Paypal right now is available in a lot of countries and I think that gives you huge edge I you have a business that can possibly collect payments from the abroad.
Both the normal account and the business account are good. Individual just have to decide the one that will be good for him and keep it up
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I learnt that PayPal has banned my country from receiving money, so I'm just making use of Crypto Currencies and it is a far better alternative.
It's definitely the best option to buying things online and payments there by its definitely the best option in business since you have to verify it.But it as been banned in my country .
- Thread starter
- #52
But do you know that the business account has features that the individual PayPal account doesn't have. Using the individual account, someone can implement the payment processor to a website as mode of transaction to pay for a goods. And individual account does not have that. Well anyway it is your choice. You know why you choose individual account over business.
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All these advantages are not so different from the advantage of similar applications like Skrill or crypto wallet. I would prefer to use paypal to run my transactions but I have to make use of others since it's restricted here.
PayPal business account seems to be the best because it has the most secure payment processor that processed your payment in a easy and convinient way, you can use the business account to purchase goods and also buy goods,
PayPal account is limited in my location and my location you will not be able to access all the full features that comes with PayPal account that is why I do not bother to use it,I understand that you can use PayPal fund to buy cryptocurrency yes but not in our location.
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Though PayPal is not allowed fully to function on my country, I won't still use it if it is allowed to function because of its operations. At times, they just wake up to ban account even without consulting the owner.
UNless, you have a business (online store, selling on third part marketplace, etc.) there is no need to use paypal business account because paypal business account has higher transaction fees.
PayPal is the faster, more secure way to pay online. It lets you pay for your favorite things at millions of online stores in the U.S. and across 203 global markets—all without the hassle of converting currency. So it's just as easy to know how much you're spending as it is to spend it.
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Indeed paypal business account is actually good, but what about those that dont have access to getting it maybe because of their country or there about, what other options do they have
I have used paypal business before and i still got some good reviews about how the helpful the platform have been , because most times there are more sites and client that ask for it for payment
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