Premier account costs v. personal account costs

Tillie
Contributor
Contributor

I accidentally "upgraded" to a Premier account while trying to investigate why it might or might not make sense to do that.  I've read several posts on the topic but can't find the answer to a simple question - would identical transactions result in different PayPal transactions costs for a Premier account than they would for a Personal account?  I don't use any "Premier" features and mostly receive payments on PayPal.

 

Thanks for any assistance.

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10 REPLIES 10

skier
Advisor
Advisor

As a seller there's no monthly limits on receiving funds regardless of the payment method. 

 

 

As a buyer who uses a credit card to make an individual purchase:

 

By law, PayPal is limited to $10,000.00 USD or it's foreign equivalent per transaction.

The maximum dollar amount for a single transaction is $10,000 for a PayPal member. To make a payment more than $10,000, multiple transactions can be sent to add up to the total amount. The maximum charge limit is dependent on the availability on the credit card after the account is Verified

Buyers who do not have a PayPal account may send a maximum of $4,000.00 USD or the equivalent thereof, for a one-time single transaction. Note: If the amount of your transaction is greater than $4,000.00 USD or the equivalent thereof, you will need to sign up for a PayPal account to complete your payment.

 

 

 

Regards,

 

skier

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