Comments on: 17 points every PayPal account holder should know.

By: Ashish

Ashish — Wed, 23 Mar 2011 09:21:59 +0000

Great post friend,

Keep it up…

By: Review of Payment Gateways in India | Review Of Web

Review of Payment Gateways in India | Review Of Web — Tue, 28 Dec 2010 05:20:31 +0000

[...] Off late we are seeing a growing interest in our products and services from people in India. Now PayPal has been very good with us till now. The issue with PayPal is that one can not accept payment from [...]

By: Paul

Paul — Sun, 24 Oct 2010 05:45:23 +0000

Hey Dude,

Awesome blog post.

In your 9th point,

“However you can accept funds from your affiliate/advertising network in your personal accounts.”

Are you sure of this?

I m going to start a closed network of advertising club, where in members get additional features if they pay.

Do I have to register under the Ministry of Corporate Affairs? I do have DIN.

Can I receive funds from members, into my personal account in paypal?
Or Shall I upgrade to premier ?

Do i have any problems from IT dept ?

By: MR DESTROYED

MR DESTROYED — Wed, 10 Mar 2010 16:42:01 +0000

Paypal have destroyed my business before it got up and running, screwed my 2 ebay powerseller accounts up,our 1st holiday me my wife and 2 children were having in 3 years has been cancelled all because of the limitation rules and the fact they hold on to your money for 90 days always side with the buyer i could go on and on and on but to be honest i just wanted to warn any business going with paypal HAVE A BACK UP PLAN!!!!!!!!!!!!!!!!!!!

By: Nikhil

Nikhil — Sun, 21 Feb 2010 07:47:41 +0000

Gr8 Information Friend,
You have a good knowledge for Paypal Accounts.

Thanks

By: ROW

ROW — Thu, 04 Feb 2010 09:03:17 +0000

@Mayank: Thanks for your kind words!

I do have Bank Account with Business Name, PAN Card on my name, Company Stamp, letterhead. What else to PayPal Demands.
I think that should be sufficient. You can check the PayPal help for the list of all required documents.

Article says this is trick for people with very small business.
I would suggest you not to take chances with PayPal. They are quick in limiting accounts and after that it’s a real long drawn process to deal with them. So better-safe-than-sorry.

All the best!

By: Mayank

Mayank — Thu, 04 Feb 2010 08:20:38 +0000

Really liked your post. You seems to know a lot about PayPal, Kindly help me.

I have heard PayPal demand lots of documents for Business Account. Could you tel me something about what documents they ask. I have a unregistered Individual Small Business in India which I operate from home. I do have Bank Account with Business Name, PAN Card on my name, Company Stamp, letterhead. What else to PayPal Demands.

Also I have read several places to open a premier account with Business Name eg If your Business name is Acme Solutions type Acme in First name and Solutions in Last name of Premier Signup. Article says this is trick for people with very small business. I would like to know Is it Legal to do that or PayPal is gonna freeze my account.

I tried contacting PayPal but their support really sucks.

Thanks.

By: ROW

ROW — Wed, 03 Feb 2010 06:09:15 +0000

Janardhan: Thanks for your nice comment. It’s so morale boosting.

By: Janardhan Hebbar

Janardhan Hebbar — Wed, 03 Feb 2010 05:58:59 +0000

Boss, How can I thank you ? I have just registered with paypal and just wanter to know more about and landed in your website. never seen such an info loaded web page in my life. Thanks allllott.

By: ROW

ROW — Tue, 25 Aug 2009 13:15:10 +0000

@Anup: You can open a PayPal account without a credit card.
Credit Card is only required when you want to become a ‘verified’ account holder.