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September 3rd, 2008, 13:12 PM
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Rep Power: 106 | |  About personal account type
Ok , so i want to know, if i have a personaly account type; which i wont be charged for any transactions i make, is there a limit on how many times i can receive money per month as a personal account holder? | |
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December 17th, 2008, 04:13 AM
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Yup, the withdrawal limit is $500 per month with paypal personal account..... |
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December 17th, 2008, 06:16 AM
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In one month you can only withdraw $500 with paypal personal account and you will be not charged for any transactions.
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December 17th, 2008, 18:07 PM
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Personal accounts dont charge transaction fees because it is not for business use. If you want to receive payment for the services or goods you sell, consider upgrading to business or premier account. |
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December 17th, 2008, 18:12 PM
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But/so how much transaction can i make and receive per month...anyone know? Someone told me , i cant make such and such amount of transaction on personal account is this true? | |
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December 18th, 2008, 00:17 AM
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Hey Userzz you can make upto 5 transactions per month with the personal account. |
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December 18th, 2008, 11:32 AM
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Quote: | Hey Userzz you can make upto 5 transactions per month with the personal account. | I am also interested in knowing about the personal PayPal account.
Does that mean in a month, I can only receive money 5 times? If money has sent in to me, then will it be held to next month, or it'll be forfeited or refunded to the sender? To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts. | |
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December 19th, 2008, 06:31 AM
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I have never heard about that. I have upgraded my account to premier account though but I don't know the benefit of doing that. Well... |
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December 19th, 2008, 10:37 AM
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Quote: | I have never heard about that. I have upgraded my account to premier account though but I don't know the benefit of doing that. Well... | Do you mind telling why did you upgrade your account to premier account? How much does it cost to upgrade to premier account? I heard that you'll be charge a small fee if you are using business or premier account, am I right?
I'm worried that I won't be able to receive 5 payments in a month if using personal account. To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts. | |
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December 19th, 2008, 22:30 PM
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I think upgrading account from personal to business or Premier is free BUT once you upgraded Each type of account has different fees. Click the below link to know about the charges.
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December 20th, 2008, 05:24 AM
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You can receive only five transactions per month. However, the limit will be increased by pay pal at a certain period. |
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December 20th, 2008, 09:57 AM
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only five transaction in one month? erm..its not so good for me. i have a kot of transaction in one day.. |
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December 21st, 2008, 03:53 AM
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Hmm then I think you should verify your account in Paypal or upgrade it to business or permier. It will lift the limits. | |
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December 22nd, 2008, 09:31 AM
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I've just checked out the PayPal site, and found that the 5 transactions is actually applicable to credit or debit card acceptance limit, but not receiving payment limit.
To see your Personal account limits, you can just log in to your PayPal account and click "View Limits." ^_^
It makes me feel relieved, and I don't plan to upgrade my account to Premier/Business, as I'm only receiving some small amount payment.
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