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Paypal: reverting from Premier account back to a Basic account

post #1 of 4
1/22/10 at 5:21am
Thread Starter 
anyone know how to do this or if it's possible? I looked for it on their site, but of course they don't exactly advertise how to do it, since they get less money from you when you have the standard account
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post #2 of 4
1/22/10 at 6:08am
How much less do they take?
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post #3 of 4
1/22/10 at 6:44am
You have to put in a support request through their system, but you can do so. You can only switch back to a personal account ONCE. If you ever upgrade again they will refuse further requests to go back to personal. You can, however, have two accounts, one personal and one business.
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post #4 of 4
1/23/10 at 5:56pm
Thread Starter 
cool thanks currawong
Quote:
Originally Posted by intoflatlines View Post
How much less do they take?
With a Premier account they charge you like 2.9% on money you receive from others who are within the US and 3.9% on money you receive from others who are outside of the US. There are no fees with a standard account, but there is a limit ($500 I think) to the amount you can receive in any one month. This is for US based accounts, it may be different for those outside of the US.
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