PayPal Questions

[Rianon]

1. What is the difference between a Premium and Normal account?
2. Can I recieve and send money with a Normal account?
3. How about from a Credit Card?
4. What is the difference between a Verified and Non-Verified account?
5. Do anyone of those affect the money I can send or recieve via PayPal?

Thanks to those who answer my questions!

[bored118]

1. Premium (and there's another one somewhat like it) has to deal with business accounts. Normal is personal.
2. Yes, but only direct funds (not sure)
3. I believe credit card payments can only be recieved with a Business accounts (premium and the other kind) (not sure)
4. Verified means that you have a bank account an file with PayPal.
5. Yes, with a Business account (premium and the other kind), you get 30 cents and about 1% deducted when you recieve funds. Nothing is taken away when you send funds.

Check PayPal's FAQ and other pages for more information. :)