PayPal

So I am new on Sythe and me and my friend openend Questing Services.
But since we would like to sell all the gold for € we needed paypal.

Now there are two options to choices:
- Personal
- Buisniess

Could I choose "Buisniess" and setup buisniess address line as for my home adress line?

If someone could actually explain to me more about PayPal we would be glad!

Thanks for any help!

 

I'd go with personal because you won't be making extensive amount of money. When you do though (which I'll doubt you'll ever get to that point with questing), go to business.

 

Personal is perfect for the both of you, however, you can upgrade it to a business Paypal if you wish in the future if you decide to open up a gold shop, or making a surplus amount of GP.

 

I'd go for personal, simply because when I use my PayPal (which is business) I have trouble trading with some people as it shows my business name and not my actual name.

 

But if I dont have buisness one I wont be trustable on sythe?

I really want to have "€ / $" option instead of getting runescape cash that I have to sell later on. Because than we can quest for real money that we wont have to sell later on and also we would avoid "ban" on runescape for RTW.

I know sometimes I wont have anyone to quest for, but as soon as we opened here we had a lot of customers and we made over 300m in a week, so lets say we make 500m (minimum) per month questing, is that enuf for buisness if we sell it than to legit goldstore?


And btw thanks for answers!

 

Whether your PayPal is business or personal doesn't matter much to the customers; just because you have a business PayPal won't make them trust you more than if you didn't. You can go with business but it's not necessary.

With a personal account, you do have the option for different currencies as far as I am aware so that shouldn't be a problem.

Also, if I were you, I'd accept payments in RSGP from majority of people simply because majority of them will not too trustworthy and may charge back a payment. Avoid the hassle and get paid in rsgp from those who seem untrustworthy and Paypal from those who are trustworthy.

 

Go with personal until you make bank like Bogla or R2.

 

Yeah this is the right idea. Unless its becoming close to your main income I would just stick with personal.

 

As stated before, Personal would the best to do.

 

Market discussion but question is answered anyway