What is PayPal Business Account and where can I enroll it?

July 18th, 2008 | by admin |
AC/DC asked:


Hi,

I want to start a online business for advertising ads on it and some people said to me that the only legal procedure I need to take is to create a PayPal Business Account? If so, is it true? Where can I enroll that Business Account stuff and is it expensive?

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

  1. 3 Responses to “What is PayPal Business Account and where can I enroll it?”

  2. By QueenBoudica on Jul 21, 2008 | Reply

    Go to

    Paypal.com

    It will explain everything to you

  3. By Eric on Jul 22, 2008 | Reply

    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.

  4. By imisidro on Jul 22, 2008 | Reply

    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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