[Hidden-tech] PayPal Questions

[Michael Giles]

Amy,

Not sure what your definition of "worth it" would be.  It is certainly a 
very simple way to accept credit card payments.  The main difference 
between the two accounts is your ability to accept frequent credit card 
payments 
(https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees-outside).  
Both accounts are free, but with the business account you pay a 2-3% 
transaction fee for all payments as opposed to a 5% fee on credit card 
payments (with a max of 12 per month) on the personal account.

As for wiring it directly into your bank account, I think that is how 
most people use it.  I haven't had any trouble with that over the past 
four years.  But I'm not a heavy user.

-Mike

A - Z International wrote:
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> Hi all,
>
> If anyone operates a PayPal business account rather than a personal 
> account can you tell us whether the upgrade is worth it. I know it's 
> free, but just want to know your experience.
>
> And has anyone tied in their PayPal account with a bank account rather 
> than just receiving credit cards? Again, trying to find out if this is 
> worth it.
>
> thanks!
>
> Amy Zuckerman
> Hidden-Tech Founder
>
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