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Question about my business account

SOLVED
Contributor

Question about my business account

Hi there,

          Ok, so I have a paypal business account with a linked paypal business debit card that I use for my Ebay sales and misc other sales. I recently started a second business and am trying to set everything up for my new business separately. I need for both accounts to be able to accept paypal as that's my main way of processing but I need them to go to different bank accounts. How would I go about doing this? Can I have 2 accounts, Or can I just set each up with a different email? Or what would be my course of action here. Any help would be appreciated. Thank you

1 ACCEPTED SOLUTION

Accepted Solutions
Esteemed Advisor

Re: Question about my business account

@creativebargain 

 

You can call PayPal about whether it is possible to set up a child account within your business account for your second business. Then link a second bank account to your PayPal and withdraw to the bank account you want, and adding a different email address to receive payments to your second business.

 

Of if they'll let you set up a second separate business account to facilitate your second business as generally each user can have one business account and one personal account.

 

To contact customer service for assistance:

Log on, click HELP on top menu, scroll down to click CONTACT US, and then scroll down to click CALL US.

Call early, during business hours, west coast time to try to get a US rep. 

 

Or private message via social media:

Facebook (US): https://www.facebook.com/paypal

Twitter (US): @AskPayPal 

 


Kudos & Solved are greatly appreciated. 🙂

View solution in original post

3 REPLIES 3
Esteemed Advisor

Re: Question about my business account

@creativebargain 

 

You can call PayPal about whether it is possible to set up a child account within your business account for your second business. Then link a second bank account to your PayPal and withdraw to the bank account you want, and adding a different email address to receive payments to your second business.

 

Of if they'll let you set up a second separate business account to facilitate your second business as generally each user can have one business account and one personal account.

 

To contact customer service for assistance:

Log on, click HELP on top menu, scroll down to click CONTACT US, and then scroll down to click CALL US.

Call early, during business hours, west coast time to try to get a US rep. 

 

Or private message via social media:

Facebook (US): https://www.facebook.com/paypal

Twitter (US): @AskPayPal 

 


Kudos & Solved are greatly appreciated. 🙂

View solution in original post

Contributor

Re: Question about my business account

I just got off with customer support on chat. They no longer offer child accounts and I would have to open a new account and be subject to them holding my money. Which sucks. Do you know a way around that?
Highlighted
Moderator

Re: Question about my business account

Hi @creativebargain

 

Sorry if this creates an inconvenience. I don't know if this is what you're looking for but I may have an idea. 

 

With PayPal, you can add multiple emails and banks to one account. In turn, you can set up websites to receive payments to a specific email address on your account. If you are to download the history on your account, you can see which payments were sent to which email address. Depending on your volume, this may become too complicated. However, it is just an idea that may help with not getting holds. 

 

Regards, 

Drew