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PayPal Question - bank account?

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  • 14-09-2004 12:44pm
    #1
    chakotha
    Registered Users Posts: 912 ✭✭✭


    Hi hope you can help

    A client is thinking of using PayPal to get set up quickly to accept credit cards on her site. This client has not registered a business and has a personal current bank account.

    I just wanted to doublecheck that she can transfer funds back into her personal account from PayPal and doesn't have to have a business acount before I recommend she registers with them.

    Many Thanks


Comments

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    #2
    nahdoic
    Registered Users Posts: 944 ✭✭✭nahdoic


    That is correct.


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    #3
    Seth Brundle
    Moderators, Politics Moderators Posts: 39,936 Mod ✭✭✭✭Seth Brundle


    ...for a small fee of course


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    #4
    FX Meister
    Closed Accounts Posts: 5,217 ✭✭✭FX Meister


    it's fine, they do charge commision though, I think it's something like 3%


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    #5
    chakotha
    Registered Users Posts: 912 ✭✭✭chakotha


    From their site, within Ireland the rates are 3.4% + €0.35 EUR for low volume (< Eur 2500 per month). Within Europe across a border, 3.9% + €0.35 EUR and to the US 3.9% + $0.30 USD.

    I've been looking into Merchant Accounts and with the monthly gateway and statement fees maybe it's better to get turning over with PayPal before applying for one.


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