difference between paypal personal account and premeir account as well as how to verify each
2007-07-18 19:04:14 · 4 answers · asked by gaurav m 1 in Business & Finance ➔ Personal Finance
personal account:
cannot receive payment by credit card
no fees to receive payments by other methods
premier account:
can receive payments from any method
2.9% fee + $.30 for all payments
2007-07-18 19:07:35 · answer #1 · answered by ........ 5 · 0⤊ 0⤋
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2016-10-22 00:45:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, when you have the Premier, they can get your money from your accounts without your permission.; By the time you realize, Paypal might get more and more money from the cards you linked. Be very careful with Paypal, they hijack customer's money for 180 days
so they can day-trade it and put the profit in their own pockets. When you join, you accept to their terms and conditions, that they can keep your money for 6 months. the better your account, the more money they can hold from you and you can't do anything. The BBB will just tell you that you agreeded with them.
So they usually use "Money on hold" or "suspicious activities" as an excuse to use their customer's money.
Please check this out, and please notice that they advertise another product. Since I don't know this product and I don't know anyone who does you should distrust it too.
If you have a complaint, it doesn't hurt that you write it here:
http://www.paypalwarning.com
http://www.paypalsucks.com
This is a blog, former Paypal employee speaks:
http://paidpal.blogdrive.com/
Good luck
2007-07-20 13:39:55 · answer #3 · answered by bricktop002 2 · 0⤊ 0⤋
Paypal personal account does not receive payments from credit cards, nor does it cost to receive payments.
Paypal Premier does both!!
Verification is via a small amount debited by PP on your account. This will be credited back to you. This is after you have added a bank account.
2007-07-18 19:07:51 · answer #4 · answered by Sal*UK 7 · 0⤊ 0⤋