need help updating my account info -HELP!!

sjmummy
Contributor
Contributor

When i log into my paypal account i get this..........EU regulations require us to confirm your account information.

Your account is on file as a legal entity (such as a company, partnership, charity or government entity), yet you've selected a different account type. Please only click Continue if you want to change to an individual consumer. Or select a different account type. You won’t be able to change it again at a later date. Your account is on file as a legal entity (such as a company, partnership, charity or government entity), yet you've selected a different account type. Please only click Continue if you want to change to a sole trader. Or select a different account type. You won’t be able to change it again at a later date.

What is your ownership type?

An individual consumer
An individual consumer refers to any individual or household that is not a legal entity, such as a company, partnership, charity or government entity.

A sole trader
A sole trader is a business owned and run by one individual where there is no legal distinction between the owner and the business. A sole trader may also use a business name other than his or her legal name.Any other type of business, charity, or government entity

  
I have no idea what to choose......it says `Please make sure you've chosen the correct account type since you won't be able to change it at a later date`.
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3 REPLIES 3

PayPal_barry
Moderator
Moderator

Hey there, that really depends on what you are. If you a registered business, then select that and fill the details out. If you are someone who uses PayPal to buy and trade a little, then I would suggest that you select “Individual”, after that we just need the category/sub-category of your purchases. Hope that helps.

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egets-fashion
Contributor
Contributor

Hi , 

I did lift limits PAYPAL and chose 2, but googled to find that I need to choose 1. I am not sure which one I should choose?

1. An individual consumer 

2. A sole trader

3. Any other of type business ,charity, or government entity

 

And if I need to choose 1, how should I change to 1 as I chose 2?

 

I am an Ebay seller(business account) without regisitered company, just sell and buy on EBAY. 

 

Thanks

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PayPal_Wayne
Moderator
Moderator

Hi there egets-fashion,


As you are just buying and selling on eBay without a registered company you should select 'individual' from that list.


Customer Services will need to change it for you so you can get them here

 

Wayne

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