Hi all! I'm a little stumped. I'm planning on opening up a shop on Etsy soon, but I'm a little confused as to how to use PayPal with it. For those of you who do use PayPal, do you have to upgrade to a premier or business account? On Etsy, is it possible to only accept transactions made with people who have a PayPal account? I don't plan to rake in more than $500 a month on Etsy, so if it's possible, I'd like to stick with the personal PayPal account I already have.
According to the personal account limits, it says, "As long as you are within your monthly receiving limit, you can accept up to 5 credit or debit card payments per year at our low per transaction rate." Does that mean that if you accept payment from someone without a PayPal account but PayPal facilitates the transaction, then there's a fee for that (if over 5 of those kinds of transactions per year)? Otherwise all transactions made with someone with a PayPal account is free? (Here's a table contrasting the personal account with the premier/business accounts. https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-pop-fees-outside
Sorry for all the PayPal/Etsy-illiterate questions! =/ Any help would be so so very much appreciated! =D Thank you!