I need to pay my accountant a couple hundred dollars for his services. He doesn't take credit cards. Is it safe to put it on my plat card and pay him through paypal? Obviously he doesn't have the same name as me or anything. I've had other small paypal transactions with amex for online purchases that go through fine, but didn't know if they would get curious about a larger transaction.
;
I’ve paid my dog sitter with my Amex through Paypal without issue. I believe she has a business account with Paypal. I don’t know if that makes a difference.
NFCU Flagship $32K | NFCU Cashrewards $42K | Discover IT $39K | SECU Visa $20K | Chase SW $24k | CSR $15K | Chase Bonvoy $11.5K | Chase Freedom $11.5K | Chase Amazon Visa 8.5K | AMEX Bonvoy $18.1K | AMEX Hilton Surpass $15K | AMEX Hilton Aspire $24.4K | AMEX Gold | Aviator Red $16K | Uber Visa 10k | Citi TY Premier $24.6K | BoA Premium Rewards 35k | BoA Cash Rewards Visa $31.5k | BoA Cash Rewards MC $23k | US Bank Cash+ $10k | USAA AMEX $6K | Cap1QS $11K | BJs MC $27.6K | Walmart MC $5.1K | Loft MC $25,000 | Macy’s Store/Amex $20K/$1K | BR Visa $10K | JCP $1K | VS $3.2K | Home Depot $5K | Lowes $8.5K | Target $14.5k
@CreditCuriousity wrote:I would guess you would be fine, as you are paying fees to use Paypal thus it isn't MS... Although just be careful about how much you use it. I wil let others way in on this as I have also been a bit curious and cautious w/regards to paypal and amex.
Oh its 2.9% screw that. I can pay with plastiq and my initial trial offer for like 1.99% or something. I dunno why I thought it was free on lower amounts.
I was thinking about Amazon Payments that is why,
Me , I would not do it. i would just get a paypal account either mastercard or smart connect and do it. This would be much easier than jeopardizing the relationship with Amex. Or maybe they will code it as a Cash advance. Also, What kind of Good Accountant don't take credit cards. Hmmm Shady 
Yes, although that was the intro offer not sure they still have that. Also it only applies to Amex and MC. For Visa its 2.5% go figure.
@taxi818 wrote:Me , I would not do it. i would just get a paypal account either mastercard or smart connect and do it. This would be much easier than jeopardizing the relationship with Amex. Or maybe they will code it as a Cash advance. Also, What kind of Good Accountant don't take credit cards. Hmmm Shady
Actually my accountant is not shady and is a CPA. He doesn't like taking them because they cut into his fees. I don't take credit cards for my business anymore either, because the merchant fees can become quite substantial on larger transactions.
@red259 wrote:
@taxi818 wrote:Me , I would not do it. i would just get a paypal account either mastercard or smart connect and do it. This would be much easier than jeopardizing the relationship with Amex. Or maybe they will code it as a Cash advance. Also, What kind of Good Accountant don't take credit cards. Hmmm Shady
Actually my account is not shady and is a CPA. He doesn't like taking them because they cut into his fees. I don't take credit cards for my business anymore either, because the merchant fees can become quite substantial on larger transactions.
Although its true the merchant fees can be high. Me being in the taxi business. i think i run about 80k a year in credit card and the fees come to a couple thousand each year. The amount of business it drives to my business is more than offset. and in fact those fees i pay for the merchant fee can be written off on taxes as business expenses. So cpa or not any Good accountant would know that instantly and know the money has no effect what so ever on their bottom line.