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When signup on www.paypal.com, there is an option right at the bottom of it asking if you want to join a PREMIERE account. Would it be YES or NO? What is the difference? Anybody knows? I kinda noticed that PREMIERE account has better options but charges are a little bit higher. Thanks in advance.
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I would suggest a regular Paypal acct. as opposed to a Premiere unless you pan on using Paypal for internet sales. With the Premiere you have the option of receiving interest on your funds but.....you have to disclose banking info., SSN etc. which you may or may not want to do. And of course, with Premiere you have to pay a fee when you receive money. So...... -
I believe Chest is right. The Premier account is primarily for merchants.
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If you have a regular (unverified) Paypal account, there is a sending cap of $250. In order to send more than $250. you have to "verify" your account with a bank account #.Comment
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I signed up fot the "premiere" account because I wanted to send larger amunts. I don't see a real difference though.Comment
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