Can I use PayPal Personal account for my small business?
I'm using PayPal personal account for my small business (which isn't making money right now).
Is there any transactions or amount limit per month in PayPal personal account?
I'm using PayPal personal account for my small business (which isn't making money right now).
Is there any transactions or amount limit per month in PayPal personal account?
As @Alexp alludes, there are good reasons to avoid paypal. Lots of sellers have found themselves in ugly situation swith their accounts getting locked, this is more than just the odd case, and happens quite often.
Similar things have been reported from GumRoad.
Check out the following:
https://www.youtube.com/watch?v=qsY3AMtneFI
and this thread we're we discussed payment providers including pay-pal in detail:
https://www.indiehackers.com/forum/how-should-i-charge-companies-826569638f
Hello @EmmaParker
Yeah, you can use your PayPal Personal account for small business transactions, Nop there is no any limit per month for personal account.
PayPal has a bad reputation for locking people's accounts and generally having terrible customer service.
Stripe now allows you to take payments as an individual / sole trader.... definitely worth investigating.
If you do, have a look at my product, https://trolley.link , to let you take payments from your site through Stripe, without writing any code :)
THis is from PayPal's user forums:
https://www.paypal-community.com/t5/PayPal-Basics/PayPal-Personal-Account-vs-Business-Account-so-confused/td-p/736315
Hi Emma, actually, it depends on your business, do you have a web app? which kind of business you have? there are different limits, from country to another, and for unverified accounts. In general and for many reasons I recommend to avoid PayPal.