WHAT IS PAYPAL BUSINESS ACCOUNT AND WHERE CAN I ENROLL IT?

business
AC/DC asked:


Hi,

I wish to begin the online commercial operation for promotion ads upon it as well as the little people pronounced to me which the usually authorised procession we need to take is to emanate the PayPal Business Account? If so, is it true? Where can we enroll which Business Account things as well as is it expensive?

Thanks for your help.
I live in Alberta, Canada, btw.

SetupBiz.com

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Posted on November 4, 2009 at 9:51 pm by SetupBiz.com · Permalink
In: Small Business · Tagged with: , , , ,

3 Responses

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  1. Written by QueenBoudica
    on November 6, 2009 at 9:42 am
    Permalink

    Go to

    Paypal.com

    It will explain everything to you

  2. Written by Eric
    on November 8, 2009 at 11:20 am
    Permalink

    Paypal is simply a way for you to get paid. Its a pyment system to process fees you would charge your clients. To read more about it, or enroll for a paypal business account go to.
    There is no charge, they make a percentage of all payments that come thru them, but in order to maintain business account status, which has lower fees than standard, you have to run a certain amount of transactions thru there a month.

  3. Written by imisidro
    on November 11, 2009 at 8:51 pm
    Permalink

    Paypal Business Account is NOT a legal procedure. When you talk of a legal procedure for starting an online business, that involves:

    - registering your business with your county if you are starting a sole proprietorship. Business registration procedures vary by state, and some like Virginia is so easy you just have to pay the filing fee and put in your assumed business name

    - file with the Secretary of State if your business will be a corporation, partnership or LLC

    Paypal Business account is merely a way to accept payments — it is not a legal requirement. Here is the process for signing up for a business account with Paypal

    You will pay fees with Paypal for payment received and here’s their pricing

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