BUSINESS ACCOUNT OR PREMIER

WheelChair
Contributor
Contributor

Hello Nice People!

 

I have a current Premier account and would like to know what is best to do. I have several websites that I will be turning into biz in the coming weeks and begin to sell products. I want to know if I should open a biz account so I can keep from commingling funds? Can a Premier site handle multiple sources? Do I need a biz account for each of the websites? Is there a way to keep track of the $$ within the Premier or Biz Account to keep them separate and separate from my personal part of the premier account from the biz accounts to come? Finally do I need to have separate bank accounts to reference the PayPal account(s) or is one OK?

 

Thanx much,

Wayne 

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1 REPLY 1

Misty11
Advisor
Advisor

Hello WheelChair, 

 

Welcome to the Community Smiley Happy.

 

A Premier PayPal account is recommended for causal sellers or non-businesses who wish to get paid online, as well as make online purchases. A Business PayPal account is recommended more for merchants who operate under a company/group name. The Business account offers additional features such as allowing multiple employees to have separate logins and permissions. The best account for your business model would be a Business account. It would be best to call PayPal directly and speak to the sales team to get multiple accounts setup. Here is a direct link for the number to get in touch with the Sales team. I hope this helps.

 

Smiley HappyMisty

 

 

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