Can you have two different PayPal accounts for accepting payments?

ColumbusMark
Contributor
Contributor

I already have a PayPal account which I use for a business. A friend and I recently started a podcast and we would like to sell merchandise and have sponsorships, etc. What do we have to do to set up a separate PayPal account? We can have the money go into one of our personal bank accounts but we need to show that this is separate from my current business PayPal account. We don't take in enough money (make that zero money) to get our own bank account so the funds would need to go to one of us personally. But I'm not wanting the funds to go to my current business which does have a PayPal account.

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PayPal_paula
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Hi ColumbusMark, 

 

The best option would be to set up a new, separate business account and set the business type as an individual for now. This will give you the option to add a personal bank account on. Once your new business takes off and I really hope it does then you should be able to apply for a business bank account and have this added to your PayPal account. 

 

I hope this helps, 

Paula 

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PayPal_paula
Moderator
Moderator

Hi ColumbusMark, 

 

The best option would be to set up a new, separate business account and set the business type as an individual for now. This will give you the option to add a personal bank account on. Once your new business takes off and I really hope it does then you should be able to apply for a business bank account and have this added to your PayPal account. 

 

I hope this helps, 

Paula 

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ColumbusMark
Contributor
Contributor

Thanks for this information. I didn't realize you could have more than one PayPal account. I plan to check that out immediately. I appreciate your time answering my question.

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PayPal_paula
Moderator
Moderator

You are very welcome @ColumbusMark

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