Paypal fees 2 accounts ? ?

fairylights_2

right, I can see the point of two accounts so I think I'm going to set up a second ... but ... if someone pays to my personal account and don't have funds, do I reject it and get them to send to the other account? or can I send it to my other account myself? Can I transfer the balance from the business account into the personal account to withdraw it all in one lump?

Sorry for the (potentially) daft questions, but I'm still learning all this stuff!

soolin

fairylights wrote:

right, I can see the point of two accounts so I think I'm going to set up a second ... but ... if someone pays to my personal account and don't have funds, do I reject it and get them to send to the other account? or can I send it to my other account myself? Can I transfer the balance from the business account into the personal account to withdraw it all in one lump?

Sorry for the (potentially) daft questions, but I'm still learning all this stuff!

I can't see how it would be possible to use two paypal accounts on ebay to avoid fees. You will have your 'I accept paypal' option ticked and a paypal account added, if you add the basic paypal account you would have to reject all card payments and offer a different paypal account instead. However, whilst you are an honest seller it will sound an alarm to a lot of buyers as it may look like a hijacked account, asking for payments to be made to an account not associated with the auction.

Also, are you prepared to sit at the pC to reject all payments in a timely fashion and send emails explaining what you are doing? What happens if a buyer pays and then doesn't check their emails and is just expecting their item to arrive in the post? I think you will find this is just too problematic.

Soo