Is it better than I open up a business bank account when starting online business? -

I m selling products on Ebay and dropships to the buyers. Someone bought the products for $269.99 and it cames to my PayPal account. But I can transfer it to my individual banking account once it clears, stating I have to either ship the item to him first, have a positive feedback, or wait after 21 days. If I open up a business bank account number and change that, would I then be able to transfer it before I ships the product and don t have to worry about paypal holding the money anymore?

Paypal is used as a fair system between the buyer and the seller, the seller must deposit the funds before you send the items. Once they have received the item they can then give positive feedback or wait 21 days until the time to give feedback runs out, once this is done you can get your funds from Paypal. It covers both parties. The only way to get your money faster is too ask the buyer that if they are happy could they be quick in responding with their feedback. Also if you open a bank account and request that they pay directly to your business account, you will lose a significant amount of customers because they will not want to take the risk with a fairly large amount. They are not covered by Paypal s insurance. By all means deposit the Paypal funds into a business account once completed, but my opinion as a consumer is that if you request to take away the fairest system between seller and buyer and go direct you will scare away potential business.