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Changing ownership of Businness account

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dcwicks62
New Community Member
Posted on

Hi, My wife is a sole trader.  I setup her business page on Paypal and it made me the owner of the page.  How do I change the ownership to my wifes name???

1 REPLY 1

Changing ownership of Businness account

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sharpiemarker
Esteemed Advisor

@dcwicks62 

 

You're better off just closing the account if at all possible and opening a new business account under her name as account holder and her business name at this point because it will take awhile to switch ownership and with this virus situation affecting PayPal customer services, there's no telling how much longer it'll take.

 

Close account checklist:

 

  1. Resolve any open disputes or account limitations.
  2. Zero out the balance.
  3. Cancel any active automatic payments.
  4. Remove financial info (bank accounts, cards).
  5. Go to Settings.
  6. Click Close Account across from Account Type.

Kudos & Solved are greatly appreciated. 🙂

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