Subject:
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Re: 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 16:06:24 GMT
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Viewed:
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1068 times
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Larry,
----- Original Message -----
From: "Larry Pieniazek" <lpieniazek@mercator.com>
To: <lugnet.market.services@lugnet.com>
Sent: Monday, June 12, 2000 10:45 AM
Subject: From the Not Good News department, PayPal has introduced "business
accounts"
> which are not free.
>
> See:
>
>
https://secure.paypal.com/cgi-bin/webscr?cmd=p/gen/personal_vs_business-outs
ide
>
> 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
Well, since I have both services, both real time credit card processing and
Paypal, I might consider withdrawing the Paypal option, since I have to pay
for it, which makes business sense for them. Can they tell whether or not
you request it from a person for a website or not?
Scott S.
--
Systems Administrator-Affiliated Engineers -> http://www.aeieng.com
LEGO Page -> http://www.geocities.com/Area51/Station/3372/legoindex.html
It's Almost Here! ->The Sanburn Systems Company
http://www.sanburnsystems.com
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