Reunion 1 time event

Awelsh100
New Community Member

I’ll be collecting the money for a class reunion. Are there any cautions to setting up separate PayPal account for onetime event? TIA

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kernowlass
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@Awelsh100 

 

You are only allowed x2 paypal accounts if x1 is personal and the other x1 is business, if you have 2 of the same type you risk them both being limited. 

Why not set up a money pool instead?

https://www.paypal.com/us/smarthelp/article/what-is-a-paypal-money-pool-faq3566?app=searchAutoComple...


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kernowlass
Esteemed Advisor
Esteemed Advisor

@Awelsh100 

 

You are only allowed x2 paypal accounts if x1 is personal and the other x1 is business, if you have 2 of the same type you risk them both being limited. 

Why not set up a money pool instead?

https://www.paypal.com/us/smarthelp/article/what-is-a-paypal-money-pool-faq3566?app=searchAutoComple...


Advice is voluntary.
Kudos / Solution appreciated.
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