PayPal Business Accounts
PayPal is the top most online payment service provider known to all over the world.
With the finger touch, paypal business account helps the online sellers to manage and scale their online transactions easily
This PayPal business account platform becomes familiar among most of the online sellers, because of its fastest and easiest transaction mode.
It accepts credit card payments, debit card payments, and more in over 25 currencies and from over 200 countries.
PayPal business account also helps business owners manage and scale their companies.
Here we discuss, how to open a paypal business account and how to upgrade and downgrade your paypal business account.
Types Of PayPal Business Accounts
A PayPal business account compromised in to two options
PayPal Payments Standard
The paypal payment standards business account It is well suited for the ideal business owners., since it does not charge any monthly maintenance fee from the account holders.
And it accepts the above mentioned methods only and it will not accept the payments method done via phone, fax, or virtual terminal.
PayPal Payments Pro
It is an additional feature that arrives as a bonus with the basic account, and it’s well suited for the ecommerce business owners.
As an additional feature it also accepts payment carried via the phone, fax, or virtual terminal.
With the paypal payments pro feature, the business owners enable complete access control over their checkout pages.
Note:
Always keep separate bank accounts to open your personal paypal account and business paypal account.
This allows you to track easily on payments and business expenses, complete your taxes, and also gauge your business’s rate of growth.
Titbits To Open A paypal Business Account
Once you open the bank accounts, there you can sign up for a PayPal business account in a few simple steps.
Step 1: Initial step you have to provide your Business name. Keep in mind while registering your business name, as this is going to be entered in all your customer invoices later.
Step 2: Next you ask to describe about your business type, you can do this by selecting the business category from the dropdown list
- Individual/sole proprietorship
- Partnership
- Corporation
- Nonprofit organization
- Government entity
Step3: Third stage you will ask about some other additional questions. The questions focused on your business type, such as product or service keywords, monthly sales, website, and employer identification number.
Step4: Fourth step you ask to provide your customer service contact information.
Note: Costs charged to both the personal / standard / business account are similar. All they don’t have monthly fees but have only identical transaction fees.
Titbits On How To Upgrade Your PayPal business account
There seems two options to upgrade your paypal business account
Standard
This account is free, accepts all major credit card and debit card payments, accepts PayPal payments, and allows customers to pay over time if they choose. There is no monthly fee.
Payments Pro
This account has a monthly fee of $30. PayPal Payments Pro includes all the features of a standard account but allows you to customize your customer’s checkout experience and to integrate with your established shopping cart.
Titbits On How To Downgrade Your PayPal business account
If you wish to convert your PayPal business account to a personal account, then you have to contact your PayPal customer service representative directly.
Based on the service people instruction you have to change your PayPal business account to a paypal personal account.
Paypal Restrictions
Paypal system takes huge of amount of time to complete the user verification and this frustrate the users and also paypal account is highly vulnerable to the scammers
Second issue faced by the users is that paypal very strictly follows the rules under the different regulations, and allows its users to do only a limited amount of funding for one each account.
If the paypal account holder tries to exceed the funded limits, for instance the users account gets blocked.
If you want to avoid this nightmare scenario then search for the top rated sellers who provide verified paypal account for sale
Agedebayaccount- Verified Paypal Accounts
Agedebayaccount one of the top ranked verified paypal account and verified ebay account seller in the ebay marketplace.
Our experts create each paypal account under the terms and conditions mentioned in the paypal platform.
agedebayaccount verified paypal accounts which helps the user to get back a suspended paypal account.
In our portal we have both the paypal account of business paypal account and personal paypal account more in option we have US paypal verified personal account,US paypal verified personal account, UK paypal verified business account.Conclusion
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