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College Alumni Association

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College Alumni Association

Setting up an account for my college alumni association, do I use a personal or business account.  We are not selling anything but will conduct a conference where people will be able to register online.  We would like to use PayPal to collect the registration fees.

 

Personal or Business??? 

 

Thanks,

Kenneth

1 REPLY 1
Volunteer Advisor

Re: College Alumni Association

@klee5610

 

You can sell on a personal account if you want to, you only need a business account if you are a registered business or high volume seller.

Remember the name on your paypal account must match the name on any bank account you add so don't put it in the colleges name !!

 

If you have a personal account and just want to collect subs then why not look into setting up a money pool?

 

https://www.paypal.com/us/smarthelp/article/money-pools-overview-and-frequently-asked-questions-faq3...

 


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Kudos / Solution appreciated if I helped you.