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Old 01-08-2009, 10:55 AM
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Default OT: Accepting PayPal for Payment. - Which Type of Account...?

Posted By: Red

The e in e-check is electronic and nothing is physically sent. PayPal sends you an email saying somebody has given you an e-check but the funds won't go into your account for a few days until it clears. I don't know what the limit is.

Based on the volume you're going to do there is no reason to sign up for anything but the business account. As your numbers increase the hoops increase and it's easier to establish yourself as a real business from the start.

The single most important thing that hasn't been mentioned yet is follow their rules when it comes to shipments. For cards of your value you need to use Signature Confirmation, or equivalent with FedEx, and ship to the address that PayPal tells you it's okay to ship to. Most of the PayPal horror stories you hear about are from people who didn't know about the rules or took a gamble making an exception.

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