Getting A Paypal Account For Ebay Business

Getting A Paypal Account For Ebay Business

Ebay purchased Paypal back in July of 2002 for one and one half BILLION dollars. So the two companies are actually part of a whole. Although each site operates as a separate entity, they are linked closely.

There are three types of Paypal accounts that can be applied for. You should choose the one that will meet you needs.

If you are only going to be buying things on eBay and are not going to be selling things on eBay, a personal account will most likely meet your needs.

If, on the other hand, you are planning on selling items as an individual but not as a business, then the premier account will serve your needs better because you will be able to accept payments made to you personally.

If you are operating under a business name, then the business account is what you will need.

The three kinds of account available through Paypal are:

* The Personal Account: This account lets you make payments for items that you purchase on eBay as well as on other sites on the Internet. There are no fees.
* The Premier Account: This is also a personal account but it is one in which you can make, as well as, receive payments for sales you make on eBay. There are small fees attached to receiving payments.
* The Business Account: This account is listed under the name of your business.
You can make and receive payments in the name of your business. There are fees attached.
Getting a Paypal account is a very simple matter. You simply fill out the application form on the Paypal website and submit it.

Paypal will send you an email that includes a link for you to click on in order to verify your email address. Paypal will make two small deposits to your back account for which you will need to verify the amounts in order to prove that the bank account is yours and that you have access to it.

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