MicrostockGroup
Microstock Photography Forum - General => General Stock Discussion => Topic started by: KONJINA on October 02, 2017, 10:42
-
Sorry for maybe dumb question but I'm making paypal account for the first time and don't know do I need business account for getting paid from stock sites? And what are differences betwen business and regural account?
-
Mine is regular.
AFAIK, business is more for if you're going to be doing a lot of direct selling.
I seem to have some vague memory that there was a cash limit on personal accounts (?), but I'm not in that elite group.
-
You can have a personal account and get paid by agencies just fine. Once verified you can get higher payment amounts.
https://theydiffer.com/difference-between-personal-and-business-paypal-account/
Not the end all article but simple basics. I don't think there's any fee difference, just features and more verification for business.
-
Thanks people!
-
You get forced onto business eventually. Until then personal is fine. There's no advantage to the business account.
-
You can have a personal account and get paid by agencies just fine. Once verified you can get higher payment amounts.
https://theydiffer.com/difference-between-personal-and-business-paypal-account/
Not the end all article but simple basics. I don't think there's any fee difference, just features and more verification for business.
Oh yes, I forgot I had to be verified, and it wasn't such a high threshold.
-
One more question :D
I have few payments ready for some time, after what time can I excpect them on my Paypal account?
-
Depends on the site.
-
iStock/Getty?
-
iStock/Getty?
Once you have got your PayPal set up with Getty, you'll get paid around the 25th of any given month (22nd in Aug, 21st in Sept, but they say 25th), and it can get into your PayPal account very shortly afterwards, or may sometimes be delayed. Over the past few months, it seems to be arriving in PayPal more or less as I get my notification email that it's been paid.