Im i able to receive a business payment on my personal account?

AlexJanjaj
Contributor
Contributor

Long story short,i did a online kind of work and i received a business payment.

But my account is personal,is that alright?
Thanks in advance!

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Quandary
Advisor
Advisor

Basically, if the transaction was successful meaning you have the funds, you should be fine.  However, if plan down the road to do work on a regular basis, then a Business account is the way to go.  If there's too much acctivity with your Personal account like routinely receiving money for Goods and Services, it's possible your account will be limited or your funds will be put on hold while PayPal looks at your transactions.

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Quandary
Advisor
Advisor

Basically, if the transaction was successful meaning you have the funds, you should be fine.  However, if plan down the road to do work on a regular basis, then a Business account is the way to go.  If there's too much acctivity with your Personal account like routinely receiving money for Goods and Services, it's possible your account will be limited or your funds will be put on hold while PayPal looks at your transactions.

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AlexJanjaj
Contributor
Contributor

Makes sense,Thank you!

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