You’ll want this to be a company email that is checked by an employee who handles accounts receivable. Provide an appropriate email address to open the account. You’ll see a button labeled "sign up" that will link to the next step. You may need to rely on PayPal customer service in the case of any errorsįollow these steps to set up your PayPal business account:īegin by signing up on the PayPal business account page.PayPal can suspend your account with little notice, which freezes your account and any money you’ve not yet transferred to your bank account.PayPal often holds funds for 72 hours before you can access it.Transaction fees can be high, especially on low-cost purchases.Providing individual sign-ins for employees to manage specific aspects of the accountīefore signing up for a PayPal business account, it’s important to consider the drawbacks:.Offering financing options for customers.Allowing recurring subscription payments.Allowing customers to check out without PayPal accounts.Simplifying check out for customers to improve conversion rates.Operating under your business’s name rather than your personal name.Accepting multiple payment methods like credit cards and mobile payment apps.There are several benefits to using a PayPal business account, including: Companies can set up PayPal business accounts to manage the sale of their goods and services online, in person, over the phone or through other mediums. PayPal is an online payment processing company that facilitates financial transactions from consumers to other consumers (C2C), consumers to businesses (C2B) and businesses to businesses (B2B) .
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