Business account without actually having a business

[elenikoum]

Hi,

I currently have a Paypal business account, and I am operating under a Ltd company.

I am thinking about closing my company, so my question is, will I still be able to have my Business account?

And if yes, apart from the Business address and Business bank account, is there anything else I need to change?

Thank you very much in advance,

Eleni

[PayPal_DavidR]

Hi there,

Welcome to the PayPal Community.

You will need to change your business type in your PayPal account to Individual.

-David R

[elenikoum]

Hi David,

Thank you very much for your answer.

 So you mean that I can keep the business Paypal account?

With a personal account am I able to receive payments online through a website ( for example I am using the woo commerce plugin), and credit cards?

Is there a limit on the payments I will be able to receive?

Thanks,

Eleni

[PayPal_DavidR]

Hi Eleni,

There should be no issues once you continue to use the business account as an individual.

-David R