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What is the fees difference between Paypal personal and premier account ?

Discussion in 'Business & Tax Advice' started by krishnaverma, Aug 22, 2012.

  1. krishnaverma

    krishnaverma Power Member

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    I have been using a paypal personal account. The problem is I have started getting payments like $100 or more there. Should I upgrade to premier and how much difference it will make in terms of paypal fees ?
     
  2. Endire

    Endire Elite Member Premium Member

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    This is a nice breakdown of the differences between those two types of accounts.

    https://www.paypal.com/cgi-bin/webscr?cmd=p/pop/choosing_account_type_signup-outside

    Here are a couple of links that then outline PayPal Fees.

    https://www.paypal.com/webapps/mpp/paypal-fees
    https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/merchant_fees

    The idea with PayPal is that the more you spend the less you should pay in terms of fees.

    Within PayPal, if you are accepting payments, then you have further options to select, which is outlined under Standard, Advanced and Pro.

    Hope these links help!

    Shawn
     
    Last edited: Aug 22, 2012
  3. krishnaverma

    krishnaverma Power Member

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    Thanks for the links thecontentauthority. I still could not understand whats standard, advanced and pro here. Are they similar terms for personal, premier and business. I want to know in simple %, the fees difference between personal and premier for receiving funds.