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Blue Frog Systems

  • Posts: 3813
Paypal Question
« on: November 24, 2009, 08:39:02 pm »
Am thinking of adding paypal as a payment option once i have my website set up

Now ive used paypal for years and know once you get to £1500 deposited into your account in a single year that they take it as illegal money transfer and you have to register as a business (hence having 4 paypal accounts)

How do i go to register for a business account ?
How  much do they charge me ?

Im lazy and thought someone could tell me rather than me searching for a few hours :)

Tanks
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Only those who risk going too far will truly know how far they can actually go

Lee Pryor

  • Posts: 2287
Re: Paypal Question
« Reply #1 on: November 24, 2009, 09:00:26 pm »
after we added paypal and reached this threshold, the instructions of how to progress were on the paypal screen to follow step by step.
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The best way to predict the future is to create it.

Gaby P.

  • Posts: 134
Re: Paypal Question
« Reply #2 on: November 24, 2009, 09:10:59 pm »
Log into your Paypal account and click on "profile" and then on "personal/business information", scroll down to "EDIT" and click on it. You can then change all your details.
Paypal will probably contact you for further information.
The costs are explained in their help pages.
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Blue Frog Systems

  • Posts: 3813
Re: Paypal Question
« Reply #3 on: November 24, 2009, 09:17:55 pm »
Quote from: Window Wipers on November 24, 2009, 08:39:02 pm

Im lazy and thought someone could tell me rather than me searching for a few hours :)

Tanks

Is it worth bothering with then ? or do the take alot ?
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Only those who risk going too far will truly know how far they can actually go

mci services

Re: Paypal Question
« Reply #4 on: November 24, 2009, 11:12:36 pm »
i upgraded to a business account and didnt cost anything
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Sapphire Window Cleaning

  • Posts: 2942
Re: Paypal Question
« Reply #5 on: November 24, 2009, 11:33:49 pm »
How much do they charge you for receiving money?
they charge me a percentage of the money coming in.




Matt
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Reaching parts traditional window cleaners can not reach.

[GQC] Tim

  • Posts: 4536
Re: Paypal Question
« Reply #6 on: November 24, 2009, 11:38:07 pm »
Quote from: stu-mac on November 24, 2009, 11:12:36 pm
i upgraded to a business account and didnt cost anything

Same here, easy as well.
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Niall McAllister

Re: Paypal Question
« Reply #7 on: November 24, 2009, 11:40:29 pm »
Quote from: MB Window Cleaning on November 24, 2009, 11:33:49 pm
How much do they charge you for receiving money?
they charge me a percentage of the money coming in.




Matt

they charge a base 20p / transaction + 3.4% of the transfer.
so, £10 in, they take 54p
£20 they take 88p
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biscuits2269

  • Posts: 44
Re: Paypal Question
« Reply #8 on: November 25, 2009, 02:52:03 pm »
Do many customers pay by paypal?
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Niall McAllister

Re: Paypal Question
« Reply #9 on: November 25, 2009, 03:30:04 pm »
more of mine are starting to, the thing is you only pay if a transaction goes through, so you're not anyworse off for having it ;)
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mci services

Re: Paypal Question
« Reply #10 on: November 25, 2009, 03:32:42 pm »
i would say i recieve about 10% now pay pal but rising every month
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matt

Re: Paypal Question
« Reply #11 on: November 25, 2009, 06:30:34 pm »
Quote from: biscuits2269 on November 25, 2009, 02:52:03 pm
Do many customers pay by paypal?

i have a few and its great, its my money to blow on ebay ;)
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Dean Taberner

  • Posts: 4164
Re: Paypal Question
« Reply #12 on: November 25, 2009, 06:37:24 pm »
Quote from: matt on November 25, 2009, 06:30:34 pm
Quote from: biscuits2269 on November 25, 2009, 02:52:03 pm
Do many customers pay by paypal?

i have a few and its great, its my money to blow on ebay ;)

 ;D ;D ;D
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Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Sunshine/Cleaning

Re: Paypal Question
« Reply #13 on: November 26, 2009, 10:01:56 am »
I have some that pay with Paypal, it costs a bit more but like Matt its money that I spend on ebay and therefore feel no guilt for spending it.
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