Selling a biz with Paypal subscriptions?

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comatose

comatose

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This isnt strictly an affiliate marketing question but unsure where else to ask.

I have a subscription based business where they payments are made through paypal subscriptions.

Since these are obviously tied to my paypal account, is it possible for me to sell this business without the new owner losing subscribers?
 


I would think that the only way to maintain your current subscriptions under new ownership would be to make sure all new subscriptions go to his account - but send the new owner a monthly check and report of payments that were made to your account. Depending on how many current subscriptions you have and how loyal your customers are, you may eventually phase your account out of the picture.

Not the most ideal or seamless situation, but it would work. Under no circumstances do you want to consider giving the new owner access to your personal PayPal account. If the PayPal account is registered to your business, and is tied to a bank account registered to your business, then you'd have to contact your bank and have him replace you as the principal on the account.
 
This is a little bit off topic, but do you reccomend building a subscription base using paypal for payments? Are people reluctant to use it when they don't already have a PayPal account?

I am about to launch a site and I'm starting with PayPal subcription handling for trust and ease of integration. Would you do it again, or would you go for a different subscription management solution?

Thanks!
 
Im using Amember for the subscription handling but its integrated with paypal subscriptions.
No way i'd give access or transfer my paypal account to the buyer, thats not a consideration.

Hmm this is a tough one, i just cant see how its possible without canceling all the subscriptions first and that would suck!
 
Jondoe0069 said:
This is a little bit off topic, but do you reccomend building a subscription base using paypal for payments? Are people reluctant to use it when they don't already have a PayPal account?

I am about to launch a site and I'm starting with PayPal subcription handling for trust and ease of integration. Would you do it again, or would you go for a different subscription management solution?

Thanks!
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That really depends on your audience. For example, if you are targeting people in the internet marketing or web development fields then I'd think using PayPal to build a subscription base would be fine. We all have PayPal accounts in this industry - we don't all like to use it, but we all have one.

Merchant fees and rates are low enough now that if you really believe in your business, it's something you should defiantly consider so you can just accept credit card payments yourself.
 
I had this guy integrate his custom billing solution into my site and he has it only set up to work with PayPal for now. My audience is entirely offline (and older).
 
Can you start a new thread to talk about that instead of hijacking this one...... sorry but i had a problem and came here for suggestions and this has gone into your topic now.
 
Have you contacted Paypal to ask how this could be worked out? There may be a way to transfer these subscriptions to another account. I'd try that avenue first.
 
Not yet, I try to avoid contacting them wherever possible. I think i will have to now though!
 
I'm pretty sure the subscriptions are tied to an email. I know you can have multiple emails per account, and I assume that if you contact paypal you could transfer the email/subscription to another account.
 
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