Question about setting up Paypal for Marketplace Content Creators

1520872944
Erik S.
Marketplace Creator
The "Become a Creator" FAQ says: "All payments are issued via PayPal and a valid PayPal email is required." I am setting up a Paypal account now for this, but the FAQ does not specify whether I should setup a "Personal" or "Business" Paypal account. My instincts say "Business", but I want to double check and make sure. Does it matter, or should it be one or the other?
1520877323
Dsurion
Marketplace Creator
Personal is good enough for this, not 100% sure about the difference but i know with a business account you can receive credit card paymants (from people without paypal)
1520878345
Erik S.
Marketplace Creator
Thank you.
1520879429
Badger
Pro
Marketplace Creator
Buisness also has different fees; as I understand it, business is really just for people taking quite large payments each month. I've been on "personal" for almost four years now, and just did my taxes for this year with no problems. Never hit the fee ceiling. (I'm a US based LLC as far as PayPal and the guvmint are concerned.)
1520889286
Nick S.
Marketplace Creator
Translator
Go with Personal, Erik. Fees aside, the business account is truly aimed at businesses who operate under a company/group name and have extra tools for employees and so on.