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Thought I had PayPal!

Hi, I hope that someone can give me some advise. I have just made my first 3 sales on E-bay and am now sorting out postage. Now, I thought that when I signed up to E-bay I automaticly had a PayPal acc set up, but looking at the payment details of my sales it is telling me to set one up now. So could someone help me figure out which is the type I would need, and what is the main difference between Personal and Premier? Hopefully I will be selling a few items but not vast ammounts.
Nice to save.

Comments

  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    If you're going to be regularly receiving payments via paypal, you'll need a premier account. This will allow you to receive all types of pp payment.

    You will be charged fees on the payments.
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
  • pinkgem
    pinkgem Posts: 3,299 Forumite
    if you are going to accept paypal for items you are selling then you will need a premier account. you will get charged 3.4% plus 20p per payment received.

    a personal account only allows you to accept 2 paypal payments, that were funded by credit card, per year. i believe it is free to receive payments though.

    you cannot state in your auctions that you accept paypal but only have a personal account as you are limited to what type of paypal payments you can receive and i believe there are also limits to how much money you can receive before having to upgrade to a premier account
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