Subject:
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From the Not Good News department, PayPal has introduced "business accounts"
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Newsgroups:
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lugnet.market.services
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Date:
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Mon, 12 Jun 2000 14:45:03 GMT
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Viewed:
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1067 times
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which are not free.
See:
https://secure.paypal.com/cgi-bin/webscr?cmd=p/gen/personal_vs_business-outside
and note the ominous entry at the bottom under Rules ..
In order to reserve Personal Accounts for individual use only, we require all
businesses to sign up for Business Accounts. Individuals may sign up for either
type of account.
I have to go review their T&C to determine what constitutes a business but I
have a sinking suspicion many of us will qualify. Certainly I will since I take
tax deductions for cost of inventory and expenses.
++Lar
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