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When I registered with Stockimo I didn't link with Paypal as I didn't have a Paypal account. Thanks to the Have you Found thread I found out I have a couple of Stockimo sales in the pipeline. My understanding is that when the customer pays, the funds automatically go into the photographers Paypal account (if over £10). So I need to create one and link it to my Stockimo account.

 

I have looked on the Paypal website and see that there are Personal Accounts and Business Accounts. The Business Accounts seem more complex to set up and I think incur charges, but Personal accounts don't?

 

Can anyone help with what Paypal account I need for Stockimo sales? When the funds go into Paypal will they then get transferred to my bank account? I am based in the UK. I have tried reading all the small print on Paypal, but found it overwhelming and not sure what I actually need!

 

Thanks for any help and advice, particularly from anyone with and using Paypal in the UK.

 

Carolyn 

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A personal Paypal account is fine. You do have to issue an online prompt to send a balance of paypal funds to your UK bank account, though it is very straightforward and happens promptly.

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