Author Topic: Paypal account, business or regural? (Read 4919 times)

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?

ShadySue · « **Reply #1 on:** October 02, 2017, 11:02 »

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.

YadaYadaYada · « **Reply #2 on:** October 02, 2017, 11:22 »

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.

KONJINA · « **Reply #3 on:** October 02, 2017, 12:30 »

Thanks people!

Justanotherphotographer · « **Reply #4 on:** October 02, 2017, 13:30 »

You get forced onto business eventually. Until then personal is fine. There's no advantage to the business account.

ShadySue · « **Reply #5 on:** October 02, 2017, 16:27 »

Quote from: YadaYadaYada on October 02, 2017, 11:22

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.

KONJINA · « **Reply #6 on:** October 03, 2017, 15:04 »

One more question

I have few payments ready for some time, after what time can I excpect them on my Paypal account?

SpaceStockFootage · « **Reply #7 on:** October 03, 2017, 20:28 »

Depends on the site.

KONJINA · « **Reply #8 on:** October 04, 2017, 15:03 »

iStock/Getty?

ShadySue · « **Reply #9 on:** October 04, 2017, 15:20 »

Quote from: KONJINA on October 04, 2017, 15:03

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.

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Author Topic: Paypal account, business or regural? (Read 4919 times)

KONJINA

ShadySue

YadaYadaYada

KONJINA

Justanotherphotographer

ShadySue

KONJINA

SpaceStockFootage

KONJINA

ShadySue

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