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Personal vs business account for small non-profit membership assoc.

New Community Member

Personal vs business account for small non-profit membership assoc.

I have a personal account.  We are interested in opening a new account for a small (175 members) non-profit neighborhood assoc.  to collect dues.  Can we use a personal account or do we need to use a business account?  

2 REPLIES
Volunteer Advisor

Re: Personal vs business account for small non-profit membership assoc.

Since you have an HOA, a Business Account would be best - this keeps your personal world and the organization's world separate.

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Volunteer Advisor

Re: Personal vs business account for small non-profit membership assoc.

@HHNA

 

You can use a personal / premier account for selling, you only need a business account if you are a registered business OR high volume seller.

HOWEVER you are ONLY allowed 2 paypal accounts and only then if x1 is business and the other x1 is personal / premier.

 

Have you looked into using a Paypal 'money pool'?


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Kudos / Solution appreciated if I helped you.