Has anyone studied the new PayPal agreement that they require you to accept within 120 days? I'm trying to interpret the changes for a personal account. The first is:
"In order to receive credit card funded payments or use the Service to conduct business or in conjunction with a business, you must upgrade to or register for a Premier or Business account."
The first section I understand, you can only accept funds from existing funds or from funds originating from a checking account. But does the second mean you can't send or receive funds from a Busniness or Premier account? If that's corrent, you will only be able to move funds from a personal account to another personal account.
There may be other hidden changes in there that I'm not aware of. Anyone help me out?
Brad
"In order to receive credit card funded payments or use the Service to conduct business or in conjunction with a business, you must upgrade to or register for a Premier or Business account."
The first section I understand, you can only accept funds from existing funds or from funds originating from a checking account. But does the second mean you can't send or receive funds from a Busniness or Premier account? If that's corrent, you will only be able to move funds from a personal account to another personal account.
There may be other hidden changes in there that I'm not aware of. Anyone help me out?
Brad
