1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Do I need to upgrade my paypal account?

Discussion in 'Ebay' started by She, Jun 16, 2016.

  1. She

    She Newbie

    Joined:
    Jun 16, 2016
    Messages:
    14
    Likes Received:
    1
    Hi guys,

    I want to try to sell some items on ebay and I was wondering if it would be a good idea to upgrade my personal paypal account to premier account?

    Thanks,
     
  2. toml3030

    toml3030 Elite Member

    Joined:
    Aug 16, 2014
    Messages:
    2,177
    Likes Received:
    737
    In the beginning there's no difference but if you get to the point where tax issues become a matter paypal will make you upgrade to a business account.
     
    • Thanks Thanks x 1
  3. She

    She Newbie

    Joined:
    Jun 16, 2016
    Messages:
    14
    Likes Received:
    1
    Thanks for replying:)

    I just checked my paypal account and I don't think I can even upgrade my account to a premier one:eek:...I could only see the "upgrade to business account" option. :( Is this normal?

    Also, do you usually buy products using paypal or credit cards? For some reasons, I can't add a foreign shipping address to my paypal account...(Again, is this normal? ) but most of the stores will only ship their products to the buyers paypal addresses. How am I going to send the products to my customers...???
     
  4. toml3030

    toml3030 Elite Member

    Joined:
    Aug 16, 2014
    Messages:
    2,177
    Likes Received:
    737
    If you are going to sell, there is no point in getting a premier account, as I think the only difference is that premier account can only be individuals and business accounts can be multi-party corporations.

    I think (I'm not 100% sure on this) your delivery address must be in the country your paypal account is registered in.
     
  5. She

    She Newbie

    Joined:
    Jun 16, 2016
    Messages:
    14
    Likes Received:
    1
    Thanks for replying~;)

    Ok, I guess I will just stick with a personal account then:)

    Then, how do people dropship products? I mean, if someone from another country order something from my ebay store, then I go to another store to buy that product using paypal, but if I am not allowed to add a foreign address to my paypal account and that store will only ship the product to my own paypal address, how can I send the product to the buyer? I am new to dropshipping and I am so confused right now:(...
     
  6. myweddingcaketoppers

    myweddingcaketoppers BANNED BANNED

    Joined:
    Feb 3, 2015
    Messages:
    60
    Likes Received:
    2
    Yes please upgrade you paypal account.
     
  7. SEO INC

    SEO INC Regular Member

    Joined:
    Oct 24, 2015
    Messages:
    312
    Likes Received:
    70
    Location:
    Search Metrico
    Before starting a business it is advisable to upgrade to business account, there is a reason why it is called a "Business" account.
     
  8. dreamstrue

    dreamstrue Newbie

    Joined:
    Apr 29, 2016
    Messages:
    16
    Likes Received:
    0
    Gender:
    Female
    Occupation:
    accountant
    Location:
    usa
    i do not think so you need,

    thanks
     
  9. MaFiaStyle

    MaFiaStyle Regular Member

    Joined:
    May 23, 2016
    Messages:
    353
    Likes Received:
    155
    Occupation:
    Blogger
    Location:
    In the realm of Internet Marketing
    Home Page:
    Premium paypal is more suitable for receiving payment whereas the normal paypal is more suitable for payment processing. If you start to receive alot of payment on a normal paypal account (Personal not business) then eventually you will be advised by Paypal to upgrade or they would suspend your account for suspicious activities.
     
  10. thomero

    thomero Newbie

    Joined:
    Feb 21, 2013
    Messages:
    36
    Likes Received:
    8
    If you are going to sell a lot of items or if your planning to build a business on ebay then upgrade to business on create a new paypal account. Your will reduce your expenses just by upgading to business. I was an ebayer myself and banked over $12,000 but then a competitor or paypal, saw that i was cheating under their nose and banned me. Shame on me.

    What i learn from ebay is that you can't just be the cheapest one. It means that your cheating! And that is why they banned me.
     
  11. Eric Boysen

    Eric Boysen Newbie

    Joined:
    Jun 14, 2016
    Messages:
    19
    Likes Received:
    0
    Gender:
    Male
    You will need a business account when your sales get bigger.
     
  12. She

    She Newbie

    Joined:
    Jun 16, 2016
    Messages:
    14
    Likes Received:
    1
    Hey guys, thank you so much for replying:)

    I read something on the paypal forum today, and I don't think people can actually upgrade their accounts to premier now...paypal no longer offers that option...:eek:

    Why would paypal bans accounts for not upgrading? I thought personal accounts have the same fees as business, so paypal isn't losing money or anything.

    What do you mean?so ebay banned you for offering the cheapest products??:eek:
     
  13. MaFiaStyle

    MaFiaStyle Regular Member

    Joined:
    May 23, 2016
    Messages:
    353
    Likes Received:
    155
    Occupation:
    Blogger
    Location:
    In the realm of Internet Marketing
    Home Page:

    It is not about fees. But the purpose of your account. If you register a new paypal account today, they will ask you what is the purpose for your registration. For paying and buying things online, they will have a lax ruling for those accounts. For receiving money they will be extremely strict to prevent frauds. They might want ID verification upfront not just VCC. So in your case when you start to receiving payment frequently Paypal has all the right to block your account or worse permanently ban the account. Don't ask me why but it is in the power of Paypal to do so anytime they want. If you notice they keep changing their terms of service every few months so you would never be able to keep track of all the changes.
     
    • Thanks Thanks x 1
  14. thomero

    thomero Newbie

    Joined:
    Feb 21, 2013
    Messages:
    36
    Likes Received:
    8
    Not because of the cheapest products, but it was a reason too. I don't want to explain right now or reveal the products, however the products were illegal, paypal discovered me somehow before ebay, (as i was not the only one selling them!) and suspended my account. Price was a part of the whole business for BIG and FAST cash.
     
    • Thanks Thanks x 1