paypal for freelancing

Maitredix

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hi everyone!
hope you 're doing well!
is it risky to use paypal personnal account for freenlancing?
 
One of my friends is working remotely for a company as their proofreader/editor/etc and uses Paypal to receive his monthly payments. No problems so far...
 
Depends on what are you doing with the money after paypal. And where are you from.
 
One of my friends is working remotely for a company as their proofreader/editor/etc and uses Paypal to receive his monthly payments. No problems so far...
Alright thank you mate.

Depends on what are you doing with the money after paypal. And where are you from.
Will withdraw money to my bank account.
Any risk if getting several transfers from my clients?
 
Will withdraw money to my bank account.
Any risk if getting several transfers from my clients?

Sure, idk where are you from (that's why I noted it), but for example: in Serbia, if you're getting more then 1k€/mnth - they (bank) will report you to the IRS and you'll be forced to pay taxes eventually.
 
I'm doing that all the time and with my partners, shouldn't be a problem.
 
I personally haven’t had any but PayPal can be a real bitch when it comes to someone making a claim

Digital services don’t have seller protection which makes thing complicated
 
Moved to Business & Tax advice.

Consider Payoneer as another option.
Bank transfer might be worth looking at too, just keep in mind currency exchange fees.
 
Sure, idk where are you from (that's why I noted it), but for example: in Serbia, if you're getting more then 1k€/mnth - they (bank) will report you to the IRS and you'll be forced to pay taxes eventually.

I did not get any sort of problem using paypal for payment.

I'm doing that all the time and with my partners, shouldn't be a problem.

I personally haven’t had any but PayPal can be a real bitch when it comes to someone making a claim

Digital services don’t have seller protection which makes thing complicated

Moved to Business & Tax advice.
Consider Payoneer as another option.
Bank transfer might be worth looking at too, just keep in mind currency exchange fees.
Thanks @MisterF Didn't know where to post it.

Thank you all for your advice.
Really appreciate
 
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