How To Use Paypal For Business and Private

Leemag
Contributor
Contributor

Hi, 

 

I have had a paypal account for years, but now while building up a business i had started i have monthly payments on my paypal that come out of my personal bank account, that i need to come out of my business bank account instead.

 

Can I add my bussiness bank account to my personal paypal account or do i need to set up a new paypal account and will that cost money? I dont need a to have the ability for other people to pay me i just need to be able to pay monthly bills from my business account via paypal.

 

Thank You

LeeMag

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1 REPLY 1

PayPal_barry
Moderator
Moderator

Hey there LeeMag, whenever you add a bank to your personal PayPal account, that bank account will automatically be given your name rather than an option to choose a name. It may be an idea to open a PayPal business account, it is free of charge. With a Business account you can:

• Accept debit card, credit card and bank account payments for a low fee
• Operate under your company or business name
• Manage Users, allowing you to give separate access rights to each our your employees
• Consult our Business Setup guide

 

Good luck with that.

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