Question for Paypal Fees

L

lordgiap

BANNED

May 18, 2009

622

253

• Aug 24, 2009

• #1

Hello guys,

I am going to set up an e-commerce store.So I wonder.Can I set up 2 paypal account once?1 use for pay supplier and 1 use to receive money?Currently My paypal account is at business account.May I know whats the best account for my current situation?

Million thanks!

 

justone

BANNED

Oct 12, 2008

1,520

1,054

• Aug 24, 2009

• #2

 

jetti789

Junior Member

Feb 7, 2009

124

93

• Aug 24, 2009

• #3

You can send money with your business account.
Are you trying to use a different business name to send money to
your suppliers?

 

L

lordgiap

BANNED

May 18, 2009

622

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• Aug 24, 2009
• Thread Starter Thread Starter

• #4

Ya..Currently my business paypal fees is 3.3%+0.35.I heard that my business volume must reach 3k only can apply for -1% transaction fees.
Are there people who are in such business also?Hope can received best solutions.

 

jetti789

Junior Member

Feb 7, 2009

124

93

• Aug 24, 2009

• #5

I am not sure what you are asking.

Are you trying to open a new account for lower fees to pay your suppliers?
When you send money, the person receiving the money gets charged a fee,
not you.


And yes, when you make more money, your fees do go lower with paypal.
I don't think you have to apply for lower fees, it's based on your sales volume.

Hope that helps

 

Last edited: Aug 24, 2009

L

lordgiap

BANNED

May 18, 2009

622

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• Aug 24, 2009
• Thread Starter Thread Starter

• #6

Thanks for the info=)

 

B

BlackHattin

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Mar 25, 2009

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• Aug 25, 2009

• #7