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Personal Or Business account for paypal?

Discussion in 'Making Money' started by blazekhai, Feb 19, 2017.

  1. blazekhai

    blazekhai Junior Member

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    Hello everyone,

    I'm thinking of starting a shopify shop.
    I was wondering should I make a personal or a business account?

    Thank you
     
  2. purplewhale

    purplewhale Junior Member

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    Personal or business will not affect your income payments. Each will have a 21 day hold on your payments until you're trustworthy.
    The only reason to upgrade to business is to put Business Names into outgoing PayPal payments to make the payment more identifiable than your personal name, also many tools become available as a business user.
    Good Luck
     
  3. Nikola Gligorijevic

    Nikola Gligorijevic Regular Member

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    You can't connect personal account to shopify so you must have a business one if you are going to sell on shopify.
     
    • Thanks Thanks x 1
  4. blazekhai

    blazekhai Junior Member

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    I have a personal account for few years now. So if i upgrade it to a business account, my personal name won't show right?

    Never knew about that, thank you very much!
     
  5. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    You want to upgrade to business account for your shopify that's much more trustworthy and your customers will recognize the your business when they look through their monthly charges!
     
  6. blazekhai

    blazekhai Junior Member

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    Thank you very much!
    I just realise that my personal paypal account I have had for a few years now, have been a business account.
    [​IMG]

    I think I will just change my name to a business name :D.
    Thank you so much for the help everyone!
     
  7. CrazeProducts

    CrazeProducts Registered Member

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    If you ever need help with the 21 days hold - let me know.
     
  8. Saaraan

    Saaraan Newbie

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    @CrazeProducts I think I will need some help soon. Do you offer you services here ?
     
  9. CrazeProducts

    CrazeProducts Registered Member

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    Not yet, but I offer on other forums.

    Add my skype LivE:crazelegacy

    I show you multiple vouches.
     
  10. eMonetize

    eMonetize Regular Member

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    I don't ever recall having a 21-day hold with my business account. I do recall having a hold when I sold something on eBay using my personal account.
     
  11. purplewhale

    purplewhale Junior Member

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    All PayPal accounts which are considered risky have a 21 day hold, this ensures if they try to send it immediately without posting anything then throw away the account it won't be possible.