PayPal for business

Kristina1989
New Community Member

 Hello, We would like to use such a solution that will allow us to pay our suppliers as the business. With PayPal Business profile can you pay suppliers as well? Will you be charged extra for paying your suppliers in different currencies? We are looking for such a solution that will allow us to upload funds directly and pay our suppliers (i.e with personal account you can link your paypal to your bank account and add funds from your bank account so you pay with the funds in PayPal). Can you do the same for business account? We do not have any customers yet since we are startup business in the development stage but we have suppliers who we need to pay in different currencies. many thanks! Regards

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PayPal_Rachael
PayPal Employee
PayPal Employee

Hi Kristina1989,

Welcome to the community forum and congratulations on your start up business.

You can use a business PayPal account in the same way that you use a personal account. There are additional features such as adding a business name but sending money is the same. There is no charge to send money to another PayPal account as long as you are purchasing good or services.  In terms of currency we update our rate twice per day but you will see the exact amount you are paying before you complete the purchase.

You will find more information on how business accounts work here https://www.paypal.com/webapps/mpp/merchant .

I hope this helps.

Rachael

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