PayPal Premier VS Business

28/02/2015 15:25

 

 

PayPal premier VS Business account is an important question that should be carefully addressed before creating an account on pay pal and selecting your suitable category. People are often unaware of the benefits and limitations of the type of accounts on PayPal and they do not quite understand that which type of the account is in their best interest and it becomes troublesome for them to sell things, like for example on e bay.

 

The basic rules and policies of the pay pal applies to both the accounts whether pay pal premier or business account.

The distinction between the two types is quite easy. If you an individual in need of online transfers and transactions then pay pal premier is your choice. It has certain limitations though, that a pre set limited amount can be transferred through this account per year and it has the feature of being operated by a single user. This account does not permit the multiuser option which is a feature of business account.

 

On the other hand, if you are having a business including several partners or a sole owner of a corporation, then it would be more appropriate if you select the business account for money transfers. This account has the advantage of multiuser utilization with the additional benefit of reputation building that comes when a client witnesses you as being valid. You also need to incorporate and mention some basic details regarding your company.

 

In short the answer to PayPal premier VS business is quite simple and understandable. Both the accounts have the general perks of a PayPal account and the sole discrimination between the two is whether you are working as an individual for example as a freelancer or you own a certain business.

PayPal premier VS business is no mystery now.