Do I need to close a business account and reopen for a new business?
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Hello community,
I have a Paypal business account and now I created a new business. I updated the business information details in my account with the new business information (name, phone, business registration number, etc) because the previous business does not exist anymore. I wanted to know if this is the correct way of doing it or I need to close my business account and re-open a new business account for the new business?
Thanks!
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Hi @sabirb
I see you have questions about setting up your business account. I want to inform you that you need not open a new account, you can still use your old account by changing your business name and other necessary information.
Thank you,
Punith
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