After that, you'll be asked to choose another PayPal provider to utilize. You will be asked if you want to receive or send a transaction or an invoice at this time (this will start with setting up PayPal Invoicing, a free service that allows you to create and send custom invoices). After that, you'll be requested to provide further personal information (last 4 digits of SSN, date of birth, home address.

You will also be prompted to input your employer identification number if your industry is not an individual / sole proprietorship (EIN). After you've used the service, you can be given the option of getting a PayPal Business Debit Mastercard. You'll be prompted to choose the product or term that best characterizes your company, as well as your monthly sales projections and website URL (which is optional). Then you'll be prompted to give a more detailed description of your business.

There are three options: individual/single, partnership, and corporation. Then you'll be asked to describe the type of company you work for. Fill in the official name of your company contact, as well as your firm name, phone number, and address. I believe the majority of you will choose the first choice.Īfter that, you'll be prompted to provide information about your business. An email address associated with your prior PayPal account. If you already log in to your personal PayPal account, PayPal will either log you out and create a new business account with a different email address, or it will destroy your current PayPal account and create a new business account. How To Set Up Your PayPal Business AccountĪre you looking for instructions on how to put it together? How to create a PayPal business account?Īt the upper right of the PayPal page, click the Register button. Your funds are readily available via a business bank MasterCard or a transfer to your primary work or personal bank account, and your PayPal business account comes with features to assist you to set up digital payment buttons or overflowing electronic shopping carts.

You can also accept payments using credit and debit cards, online checks, and direct payments from consumers' own PayPal accounts. Using a PayPal business account, you can take payments for goods and services without having to pay for a pricey merchant account.

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