Paypal account...a little confused. Help!

grabba

I have been a paypal user for quite some time but only at a personal account level. I have only sold one thing on eBay at less than $10.00. I have a few things (about 5) I want to sell on eBay which might amount to $600-$900 total and I want to use paypal as a payment option. I have searched through their website and used the search feature here but cannot come up with the answers I need. I don't plan on becoming a seller but I just want to sell a few things that I have duplicates of.

Is there a $$$ limit as to how much I can sell using a personal account?

If so, what is that limit and are the fees higher than a Premiere or Business account?

Do I need to upgrade my account in order to sell these items?

I just can't seem to find these answers and any help would be greatly appreciated.

JJM

Just tie it to American Express if you have one.........thats what I do and have never had a problem or limits

grabba

Any more would be greatly appreciated.

Thanks.

LALASD4

Receiving limit is $500.00 a month. No fee if buyer is sending their funds from a deposit account or Paypal balance.

You can have up to 5 credit card payment to you in one year with a personal account. I think the fee is 5% + $.30 per transaction.

If you upgarde you can not go back to a personal account, so you will have to always pay fees.

Russ

<< <i>Just tie it to American Express if you have one.........thats what I do and have never had a problem or limits >>



That's from the buyer side. From the seller side, see LALASD4's post.

Russ, NCNE