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PayPal Business Account vs Personal
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Күн бұрынSign up for your free Jotform account at: link.jotform.com/gN0gc0Duzd
What exactly is the difference between a personal PayPal account and a PayPal business account? From multiple payment methods to advanced checkout options, we discuss the five exclusive PayPal business features, and show you how to use Jotform to create a more seamless PayPal checkout experience for you and your customers.
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LINKS & RESOURCES
👉 PayPal Forms: link.jotform.com/gBxh1ln0yT
👉 PayPal Commerce Forms: link.jotform.com/MEZLwL2b3l
👉 PayPal Business vs PayPal personal account: link.jotform.com/urGsDr8bxy
👉 Find more Jotform tips on our blog: link.jotform.com/T2Y9r93pET
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#paypalbusinessvspersonal #onlinepayment #onlineformbuilder
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CHAPTERS:
00:00 Introduction
00:41 PayPal Personal
01:13 PayPal Business
01:25 1) Advanced Checkout Options
01:42 2) Multiple User Access
01:53 3) In-person Payments
02:08 4) Installment payments
02:22 5) Invoices
02:32 Fees
02:59 Jotform connects with both
03:52 Subscribe to Jotform
@frugaldude1111 2 жыл бұрын
Thanks you just saved me $30/month, I'm not ready yet to upgrade to business. 😆
@internetandlifehacks 2 жыл бұрын
So informative and clarifying, thanks a lot!
@KeyserTheRedBeard 2 жыл бұрын
neat upload Jotform. I smashed the thumbs up on your video. Continue to keep up the high quality work.
@exeohe 2 жыл бұрын
I have a business account and I’ve never had to pay the 30 a month
@tdodo3026 5 ай бұрын
Hello. Wow! you answered and write back to everyone. I am impressed! You said personal or business acct, paypal would charge the same, 2.9%+flat fee. I have sent money through PayPal to other using paying to "friends and family" method and neither of us get charge the 2.9% + flat fee. How come? Do we only get charge when we pay in other format other than "friends and family"? Does business account have "friends and family" option too? Thanks in advance for your help. Someone also mentioned that if we don't want people to know our email address, make up a "junk" email (of course we have to be able to get access to this acct), but if it's a buiness, wouldn't you want people to know your real business address? I don't understand this. Do you?
@anoukanansi-videography 2 жыл бұрын
You explained that really well , thanks a lot! I'm wondering in what way it is handy though to go ahead with a personal account when you're a small business, as people can't make small payments to your account as easily, like through in-person-payments right? What 'easy' option would customers on, lets say markets, have to make a 50 euro direct payment? Thanks!! Anouk
@madelinecrum9316 9 ай бұрын
I need to talk to someone concerning my my PayPal account
@xjuniorsbj1372 2 жыл бұрын
excellent information very clear and precise !!! Thank you
@Jotform 2 жыл бұрын
Glad it was helpful!
@initamil836 3 жыл бұрын
2:48 - i use Business account there is not add cost per month
@Jotform 3 жыл бұрын
To clarify, the additional $30 monthly fee is for the PayPal Payments Pro (PayPal Pro in the Form Builder) which is available on PayPal Business Account. Here's a reference: www.paypal.com/us/webapps/mpp/paypal-payments-pro#faq. If you are not using it, you will not be charged with this fee. If you have any other questions, let us know at www.jotform.com/contact/ so we can help. Regards!
@BaticanQuimno 4 ай бұрын
How t use a personal account
@noahriding5780 Жыл бұрын
How do you control what the customer sees listed on their bank statement for the business charge name and tag? When you pay with paypal or a credit card it will have a tag there. I want to make sure it says business name and not my personal name, etc.
@Jotform Жыл бұрын
Hello Noah, We believe this guide will help you www.paypal.com/us/smarthelp/article/how-do-i-update-my-business-name-on-customers'-credit-card-statements-faq1864. If you have more questions, we recommend that you contact Paypal Support. We are sure they would be happy to help you.
@promisesunday559 2 жыл бұрын
Thanks for the video Hello, I have to question Please I will like to ask about PayPal business, am thinking of creating one for my online e-commerce store, but am afraid to open one, because they requested for passport or driving licence and national identity to verify, if for example I use one this things to verify, will PayPal be charging me tax automatically, or will i be paying tax for any payment transaction? Second question. Do I need to register a business name like the name of my online store before I can use PayPal business? Thanks for your time😊
@Jotform 2 жыл бұрын
Hi, According to PayPal, the PayPal Business transaction fee is 2.9% + $0.30 per transaction. You can check this page www.jotform.com/online-payments/compare/ to compare the transaction fees of all the available payment integrations. You can open a PayPal Business account as an individual/sole proprietor if you do not have a business name. Please check this article to learn more www.jotform.com/paypal-business-account-guide/. Please contact us at www.jotform.com/contact/ if you have more questions. Have a good one!
@rolfbackstrom6029 2 жыл бұрын
Thank you very much for your very good information! However, PayPal closed my account for outgoing payments when I was using my PayPal account (registered in Denmark) when I was in Germany. This was a few years ago. It was a mess to get settled and PayPal told me I could only access my account when in Denmark. Well, I still have the need to operate my account from any country I am visiting. Would you possibly know if this still is an issue with PayPal, please?
@Jotform 2 жыл бұрын
Hello Rolf, Unfortunately, we are unable to provide an answer since your question isn't relevant to Jotform. We recommend that you contact PayPal customer support directly at www.paypal.com/ph/smarthelp/contact-us so that they can address all of your questions and assist you better.
@ibi4621 3 жыл бұрын
Thanks!Should I get a business (or personal) PayPal account to get paid as a transcriber in platform like Scribie, Fiver, etc.? I will use an American debit card(I’m a US citizen currently living in abroad).
@Jotform 3 жыл бұрын
It's any of the two. You can use either your personal Paypal account and integrate it with the Paypal Standard/Personal payment tool or you can have a business Paypal account and integrate it with Paypal Business payment tool.
@aleksandaralste6601 2 жыл бұрын
Great video! I've got a personal account. But now I want to sell PDF-s by my google drive and I need to create a business account. Can I use the same bank account (which I use for my personal account) or I have to do everything separately? Thanks!
@Jotform 2 жыл бұрын
Here's what PayPal says about it "You can add a bank account to one PayPal account at a time. However, if approved, you may be able to add it to a second PayPal account. You will be informed when linking the bank to the second PayPal account if you have been approved." Here's the related article: www.paypal.com/us/smarthelp/article/why-can't-i-add-a-bank-account-to-my-paypal-account-faq798?app=searchAutoComplete
@aleksandaralste6601 2 жыл бұрын
Thank you!
@savvyfreelancer4553 Жыл бұрын
So you have to have Paypal pro in order to allow your customers to use Paypal credit to purchase things from you?
@Jotform Жыл бұрын
Hello, To use Paypal Credit, your Paypal account type should either be Premier or Business. If you have more questions about Paypal Credit, we suggest that you reach out to Paypal so they can assist you. Let us know through our support contact form at www.jotform.com/contact/ if you have any other questions.
@beths4681 2 жыл бұрын
I've had a lot of mixed messages about this, apologies if it's a stupid question but will the recipients of a payment be able to see your home address when using a personal account?
@Jotform 2 жыл бұрын
No, unless you are asked to provide your shipping address. PayPal actually shows this on the checkout page. Example: link.jotform.com/bdrZCmggnV. So when you use our PayPal Personal integration, you can enable "Require Shipment Address" in the payment settings link.jotform.com/agMnIKMm7J so the payer's PayPal shipping address will be captured. Here's an example email notification: link.jotform.com/WTMSsKzH7v. If you have any other questions, make sure to contact us at www.jotform.com/contact/ so we can help. Have a good one!
@beths4681 2 жыл бұрын
@@Jotform You're a saint, thank you so so much for putting aside the time to reply. This clears it all up!
@margaretakpan2186 2 жыл бұрын
Which of the account should I open if I am to get paid by a company?
@Jotform 2 жыл бұрын
If you only want to get paid, you can open a personal account. If you have more questions about PayPal, feel free to reach out to PayPal Support for your further assistance. Thanks!
@CartoonistVikrant Жыл бұрын
I liked your video. I had a question. I want to sell my readable comic on my website with payp@l.I have individual PP account. Is that okay for a freelancer like me? Or I have to go for bussiness account? TIA
@Jotform Жыл бұрын
Hey there! You can use whichever you prefer. Just so you know, PayPal personal account should work because it can be used to sell goods and services. To know more about the pros and cons of using PayPal Personal account, you can read our article here www.jotform.com/blog/paypal-business-account-vs-personal/. Please contact us via our support contact form at www.jotform.com/contact/ should you have more questions.
@EL.MOCHOMO 2 жыл бұрын
I SELL MARKETING COURSES ONLINE, WHAT TYPE OF ACCOUNT SHOULD I GET IN ORDER TO FILE TAXES?
@Jotform 2 жыл бұрын
For casual shopping and paying online, you can use Personal Paypal Account, otherwise if you're on a company or group, we suggest the Business Account type. Check this for more info: www.paypal.com/fi/smarthelp/article/what-is-the-difference-between-personal,-premier-and-business-accounts-faq2258. You can also use our payment gateway comparison page here www.jotform.com/online-payments/compare/ to find out the transaction fees and features available on the payment gateway you want to use in your form.
@DoctorVirtual Жыл бұрын
PayPal is only giving me the option to use on twitch as a business account and not a personal account. Should I go ahead and change it? I ask because on my current settings on my twitch livestreams,nobodies donations are coming up on my alerts, so I went to streamlabs to see what's wrong, and I don't have my PayPal account connected. I am doing that now, I just added it, but before I can go ahead, it's just giving me the business option. Is this a good thing?
@adeona5202 2 жыл бұрын
Yea I like how that $30/month got snuck in there towards the end.. Lol
@Jotform 2 жыл бұрын
Sorry for the late reply. Please elaborate what you mean exactly or contact us in our Support System via our Support Contact Form here www.jotform.com/contact/ if you have any Jotform related questions so we can help. Thanks!
@rushawnbeecher4069 2 жыл бұрын
Is there really a 30 dollars monthly fee
@isaacrodriguez8907 Жыл бұрын
I couldn’t find any info about there being a fee
@CrumbleMemes 2 жыл бұрын
Had me till the $30 a month
@JasonParkerMagic 2 жыл бұрын
Me too lol. (EDIT: I just signed up for it, and I think it's apparently now totally free. So now I've got personal PayPal and my business PayPal. I guess this video is outdated.)
@moG4545 2 жыл бұрын
@@JasonParkerMagic definitely free now. You only have to pay $30/month for the business Pro account.
@Jaafar_Alkhalifa 3 ай бұрын
So it's useless for the user
@AfoleyT 2 жыл бұрын
hi can anyone at all open a PayPal account? because they ask of a social security number which I do not have and I want to open one for my small business. please help
@Jotform 2 жыл бұрын
Hello Afoley, Yes, anyone can open a PayPal account. They probably require SSN to verify your identity but you can always contact PayPal if you have more questions or concerns about this.
@AfoleyT 2 жыл бұрын
@@Jotform thank you
@dorobo1576 2 жыл бұрын
what should i use for monetization for facebook page ?
@Jotform 2 жыл бұрын
Hi Daryl, You can use either of the two payment tools, whichever works best for you. But, if you're running a business or someone who operates under a company/group name, you should consider PayPal Business to enjoy additional features. Check this out www.paypal.com/us/smarthelp/article/what-is-the-difference-between-personal,-premier,-and-business-accounts-faq2258.
@arifulislamleeton 6 ай бұрын
Hi I'm Ariful Islam Islam leeton im software developer and members of the international organization who and investors
@riseofatlas7969 2 жыл бұрын
so i need 30 dolars for just havin bussines card? cmon thats disgrace
@slr-d Жыл бұрын
id love a paypal account with 10Ms
@theefootballlord5610 2 жыл бұрын
Paypal is witholding my business funds which is fuckin up my business. i gotta switch back to a personal account so that i can receive payments and process orders quickly..I dont recommend that business account to anyone.
@Jotform 2 жыл бұрын
Hello Bertson, Thank you for your input. This analogy explains the purpose of each PayPal account type in order to help Jotform users decide which PayPal payment tool to use on their forms. If you are having problems with PayPal, please contact PayPal Support directly so that they can assist you.
@kimbenny7010 3 жыл бұрын
Thanks to HACKPRIME12 for helping me