Can I open a second PayPal
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I've had a personal account for several years, using it for purchases and e-bay sales.
I have just taken over as organiser of a cycling event ( not a business) which accepts entries via PayPal and want to keep payments for this separate from my own transactions.
Can I open a second account with the e-mail address that will be linked to the event?
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You are allowed x2 paypal accounts as long as x1 is personal and x1 is a business account.
You are not supposed to sell on a personal account and if you do then you won't have any seller protection.
Advice is voluntary.
Kudos / Solution appreciated.
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Thanks - I hadn't realised that.
I presume I need to upgrade the existing account to a Business one and open a new personal one which will just receive payments from people who enter the cycling event.
Are the charges the same for both types?
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You are charged for transactions but if it is non profit then you can ask your friends to send it via send money > family / friends and if they fund it from their bank account OR funds in their paypal account balance then its free.
BUT you get charged if they fund it via a card.
Advice is voluntary.
Kudos / Solution appreciated.
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