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Does PayPal premium account cost more?


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#1 drosje

drosje

    Frat Squirrel

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  • Joined: 04-December 01

Posted 02 November 2004 - 03:22

I am fairly new to PayPal, but I was just asked by PayPal to upgrade my account in order to accept a payment from someone with a credit card. It now says that I have a premier account, which kind of scares me. Anyone know if it costs anything? I have looked everywhere and it doesn't say anything about an extra cost. All help is very appreciated. Thank you!


#2 mistical

mistical

    Neowinian Senior

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  • Joined: 03-June 02
  • Location: Chicago Suburbs, Illinois

Posted 02 November 2004 - 04:34

It does not cost anything to be using a Premier account.

#3 tkyoshi

tkyoshi

    Neowinian

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  • Joined: 17-April 02

Posted 02 November 2004 - 04:49

No there is no cost.

However there is a small fee to recieve money, this is to cover costs associated with what the credit card companies charge them and also when you have a premier account you get dedicated priority 24/7 support.

Personal accounts have no fees however you can only accept payments funded with a bank account.