how to upgrade your paypal account to a business account

PayPal business accounts allow you to integrate your payment systems with their payout system to create a seamless accounting system you can use. If so, how are people with low sales supposed to get/use a PayPal account? It would be best to upgrade your account to a Business account since you are. Process payments online and in-person with a PayPal business account – but beware of the high fees. Read our guide for small businesses.

How to upgrade your paypal account to a business account -

How to set up a PayPal Business account, to accept multiple payment options from customers and integrate with websites

If you're someone who sells products or services online, PayPal is an easy and secure way to accept payments for your work. 

While you can accept payments via a personal account, creating a PayPal Business account is the best bet for those who are full-time contractors or selling items often. 

PayPal Business accounts offer additional options and features that aren't available on personal accounts, such as multiple methods of accepting payments and integration with e-commerce websites. 

If you want to set up your own PayPal business account, here's how to do so. It should only take a few minutes and you'll be up and running before you know it. 

How to set up a PayPal Business account

1. Visit and click "Sign up." 

2. On the account selection screen, click the box for "Business Account," then click "Next."

Jennifer Still/Business Insider

3. Enter your email address and click "Continue." 

4. Choose a password and enter it before clicking "Continue." 

5. Enter your business information including your legal first and last name, the name of your business, as well as your business address.

Jennifer Still/Business Insider

6. Click the box confirming that you have read and agreed to PayPal's E-Communication Delivery Policy as well as their User Agreement and Privacy Policy, both of which are available to review via the link.

7. On the "Tell us about your business" page, enter the business type, category, subcategory, as well as an estimate of your monthly sales, then click "Continue." 

8. Enter your personal information, including the last four digits of your social security number, your date of birth, and your home address.

Jennifer Still/Business Insider

9. Click "Continue" to complete the set-up of your PayPal business account. 

From there, PayPal will email you a confirmation link that you must click to confirm your account. It will also provide you with further information needed to set up your account, including how to link a card or bank account, and more.

Related coverage from How To Do Everything: Tech:


How to Change PayPal Business Account to Personal Account

PayPal is one of the fastest and the safest ways to send or receive money or make an online transaction.

PayPal offers two different types of accounts, Personal & Business Account.

Difference between PayPal’s Personal & Business Account

Personal Account is recommended for individuals who make frequent online purchases and who wish to send or receive money from friends or family members.

Business Account has all the features that Personal Account provides. In addition to that, there are other features that come up with Business Account. A business Account is usually recommended for merchants under a company. It also allows you to give the limited account access to 200 employees.

Upgrading from a Personal Account to a Business Account may be quite easy as there is a direct option available in PayPal.

But downgrading to a Personal Account is not straightforward. You need customer support for this. Below is the guide on how to do it.

How to Change PayPal Business Account to Personal Account

  • First of all, Visit the link >> Contact. Make sure you are logged in to your account.
  • If you can see a Message Us button floating on the right side, then click on it and type your query in the chatbox that you want to downgrade your account.
  • The customer support will help you out to solve your query.

If in case there is no “Message Us” button, follow the steps below.

  • From the list of Common Issues, select the option “Account profile and set up”.
  • Next, click on Upgrade or downgrade your account.
  • Scroll below and then click on Message Us.
  • A message box will pop up on the right section.
  • You can just type your query about downgrading your account and one of the assistants will help you to resolve your issue.

So, this is the only way to convert your Paypal Business Account to Personal.

Frequently Asked Questions

Can you change your PayPal account type?

Yes, you can change your account type. You can either upgrade from Personal to Business or downgrade from Business to Personal.

Does it cost money to have a PayPal business account?

No, it does not cost any extra fee to open a PayPal Business Account. But, the transaction fee is applicable when you sell services or products and accepts payments online.

Can I set up a PayPal business account without a business?

Yes, you can set up a PayPal account without a registered business. You can use your name as a Business Name.


A Joint PayPal account is quite popular for those couples and business partners that want a single PayPal wallet. And if you are interested in this feature, you have come to the right place to learn about it. In this MoneyBrighter article, we will teach you how to create a joint PayPal account. And perhaps, we can tell you some important information that might be useful as well.

joint paypal account

On this page, you’ll learn about the following:

What is joint PayPal account?

The Joint PayPal account is a type of PayPal account that two or more people share. This way, there will be only one PayPal account with multiple users allowed to access it.

This type of account is only available and accessible with a business account. So if you want to avail of the Joint PayPal account, you will need to upgrade from a personal or premier account to a business account.

The Joint PayPal account is best for business partners or business architectures that require a shared account. This is good for monitoring incoming and outgoing money on-the-go.

How to get a joint PayPal account?

As mentioned earlier, you will need to have a PayPal Business account. If you have not upgraded to a business account yet, please do so first!

Time needed: 5 minutes.

If you are already on a business account, we can proceed now. Please do follow the instructions carefully.

  1. Go to the PayPal website

    On your laptop or PC web browser, log in to your PayPal account. Use this link to get there now:

  2. Go to Settings

    From your PayPal main dashboard, click on the “Settings” button. It is the one with the gear icon next to the “Log Out” button on the screen’s top-right corner.

  3. Go to Account Settings

    Go to the “Account Settings” panel.

  4. Go to Additional Owners

    Under the “Account Settings,” click on the “Additional Owners” button. See the picture for reference.

  5. Fill out form and save

    Once you clicked on the Additional Owners, you will be redirected to a new page that requires the new user’s personal information. Kindly fill up all the needed information before clicking the “Save” button.

  6. Determine privileges and access limitations

    On the next page, you will need to identify the new user’s privileges or the limit of access you can provide to that new user.

  7. Save changes

    Click on the “Save” button to confirm.

That’s it. You now have a Joint PayPal account that you can share with other people. This is useful for small companies, couples, friends, and other co-op arrangements.


The Joint PayPal account is a good way to share PayPal as a virtual wallet. It is easy, secure, and useful for many circumstances. The only issue is when the new user does something uncalled for or mischievous. So it is wise to consider the access privileges that you want to share carefully. Ask us about credit card statement, preferred payment method, combined payment, payment access, payment history and other details from the article. If you have any questions that you want us to answer today’s topic, please leave your messages down in the comment section below. Rest assured that we will try to get back to you as soon as we can. And please do share this article with your friends if this has been helpful for you.

Categories PayPalИсточник:

Configure PayPal for ConfTool Pro

1. Account Upgrade

First you have to upgrade your account to a "Business Account" (if not already done before). Please note that this might have consequences on the fees of PayPal in your country.

To upgrade your account, please go to the settings by clicking on the cogwheel and then choose "Upgrade to a business account" (see image 1).

You will be guided through a number of pages. First you will have to decide whether you want to open a new business account or upgrade an account (see image 2). If you want to use this account to receive payments and it is already linked to your conference bank account, please "Upgrade", if you want to use a new account, please use "Create New Account". In our case, we will upgrade an existing account.

Enter your business and account holder’s information on the following three pages (see images 3, 4 and 5). For the "Debit Card Statement Name" please choose an appropriate name, which will allow your participants to be able to clearly attribute the payments (see image 4). This name will also appear on the credit or debit card statements of your participants.
Once you have entered this information, your account will be upgraded to a business account.

To complete your business setup, please hover over your username in the top right and click on “Account Settings” (see image 6). Now you can check and customize your account and payment preferences as well as your business profile (see image 7).

Please note that you will also have to verify your account to receive money. Furthermore, PayPal will probably ask for a proof of identity (as fax or uploaded document), if you receive more than a certain amount of money, e.g. €1,000 for EU citizens or your company has a specific legal form. PayPal has to ask for these verifications to comply with international money-laundering laws.

In order to raise the transparency of transactions for your participants, you will have to enter your customer service information. Please be diligent while entering these data - they will be displayed and mailed to participants after the transaction has been carried out.

For the payment setup, ConfTool already provides an integration with PayPal using the IPN interface. Please note that the API of PayPal PLUS has not been integrated into ConfTool, as it is much more complicated to set up for merchants, more expensive for merchants, and we currently think that the small advantages of PayPal PLUS do not justify the extra efforts and costs.

For security reasons, initial limits are set on the amount you can receive, send, withdraw, and hold in your PayPal balance. To increase the account limits (total figure may vary from country to country), please go to:
Account Settings => Account access
... and in the section "Limits" click on "View" (see image 8). Raise the account limits by selecting the current limit and clicking on "Lift Limits" on the bottom of the page (see image 9). You will be asked to proof your identity and upload further documents to identify yourself and prove your credibility.


Hello guys today’s topic is how to change PayPal from business to personal. If you don’t know to change Paypal from business to personal then read this post completely because in this post I will tell you how to change Paypal from business to personal with step by step.

How to change PayPal from business to personal

1. Login to your PayPal account and go to help section.

change PayPal from business to personal

2. Click on contact us.

change PayPal from business to personal

3. After that click on “Account profile and set up”

change PayPal from business to personal

4. Now click on “privacy questions”

change PayPal from business to personal

5. Click on “Email us”

change PayPal from business to personal

6. Enter first name, last name, email address and type your message that you want to change your business account to personal and then click on “Send email”

change PayPal from business to personal

7. After completing all steps, you will see that “your email has been sent successfully”.

change PayPal from business to personal

You will receive a response from customer service in 24 hours and they will definitely change your PayPal account from business to personal.


How do I downgrade my PayPal account to personal?

Click on the “Email Us” tab found toward the bottom of the page. Select “My Account” from the Topic drop-down menu, then select “Changing Account Type” from the Subtopic menu. Select “Downgrade my Account” from the Select From the Following drop-down menu. Enter the details of your case in the box labeled Message.

What’s the difference between PayPal business and personal?

Personal Accounts will display both your name and email address to buyers. A Business account has all of those features and more. With a Business Account, buyers will see your business name and business email address – they would only see your name if it was the same as the business name.


By using this method you can change your PayPal account from business to personal I hope you will understand that how to change PayPal from business to personal. so if you like this post then give your feedback in comments share this with your friends.

Categories PaypalTags change Paypal business account to personal account, change Paypal from business account to personal account, How do I downgrade my PayPal account to personal?, How to change PayPal from business to personalИсточник:

How to connect a Paypal Business account

A quick step-by-step guide to accepting payments with PayPal

Adrian avatar

Written by Adrian
Updated over a week ago

To connect your PayPal account to make sure that you have a Premier or Business account type. If you have a Personal account, please either upgrade or create a new Business account.

  1. Login to

  2. Under "REST Apps", create a new app, called "involve_me" (or similar). Using these credentials will create orders in your PayPal account.

  3. After the app has been created, you’ll be redirected to the Sandbox details of the app. In your account under click the “Link Account” button under Test Payment Accounts and enter in the Sandbox details as a connection. 

  4. To test a payment using the sandbox account, you need to login using a sandbox account. To find your sandbox login credentials navigate to SANDBOX > Accounts in your PayPal developer dashboard and toggle the account you want to use or create a new one. Using the link "Profile" below the account email you can see the "System Generated Password". Use this information to login during a test payment. 

  5. To collect real payments you will need to add a Live account. To do this, get the live credentials from PayPal, by toggling to "Live" up the top right of the REST app details. Enter the details by clicking the "Link Account" button on under Live Payment Accounts.

  6. After you have connected your PayPal accounts, you can then use them to take payments in forms by drag & dropping the Collect Payments content element in the editor on the Thank You / Outcome pages of a specific project, selecting the specific PayPal account in the Other Payment Accounts dropdown. 

You can use the Sandbox account to take test payments, or use the Live account to capture actual payments.

Please note:

  • that the following currencies are supported as a payment currency and a currency balance for in-country PayPal accounts only: BRL, INR, MYR

  • a paid plan is required for using PayPal as a payment gateway.


🤔 Which PayPal Account is Best for You?

Note: If you have any questions after reading this and the several other articles relating to PayPal on this site, please leave a comment or contact PayPal directly. Unfortunately, due to time constraints, I am unable to offer any advice over email so all emails I receive that are related to PayPal will remain unanswered.

Choosing a PayPal account structure is not straightforward fare for most people, so in this post, I’ll attempt to demystify the whole process of signing up with PayPal and choosing an account type.

Before we start, a quick note:

If you are looking to send money as cheaply as possible then Wise is usually going to be cheaper than PayPal.

Wise does not make money off the exchange rate and only charges a small percentage of the overall transfer as its fee.

Have a look at my comparison between PayPal and Wise Borderless as well as my full review of Wise Borderless. N26 and Revolut might also be good options depending on your needs.

Send money using Wise

Now back to PayPal accounts.

You start out with a Personal account, but you can then upgrade to Premier or Business accounts.

PayPal offers two different account types; PayPal for your personal use (Personal and Premier), and PayPal for your business (Business). It’s free to sign up and each account type offers different features and capabilities. To decide which one is right for you, read on.

An account for personal use is ideal if you shop online. You can:

  • Shop on eBay and merchant websites using your credit card, debit card or bank account
  • Send and receive money from friends and family
  • Accept debit card, credit card and bank account payments for a low fee when you sell on eBay and/or on your own website

Make the right choice for your online business. With a Business account you can:

  • Accept debit card, credit card and bank account payments for a low fee
  • Operate in your company or business name
  • Manage Users, allowing you to give separate access rights to each of your employees
  • Consult the Business Setup guide

Paypal account types

Buying Crypto with PayPal

Did you know you can now buy crypto with PayPal? That’s right, you can use Binance or eToro since they both accept PayPal deposits. Just hit the links below to get started.


You can also read my full review of Binance to learn more about this crypto exchange.

Buy Bitcoin with Binance

etoro buy bitcoin

You can also read my full review of eToro to learn more about this platform.

Buy Bitcoin with eToro

Highly volatile unregulated investment products. No EU investor protection.

This withdrawal method is extremely popular at the moment, as people worldwide seek to get themselves some Bitcoin or Ethereum due to their extremely bright future price prospects.

If you decide to go ahead with the upgrade, you’ll get this confirmation screen:

upgrade confirmation
There is no good reason to have a Premier account if you are going to use PayPal for business. The fees are similar to or same as Business but some of the features not available.

  • You don’t need to have a properly registered “business” to have a Business account. It can be a DBA (“doing business as”).
  • You can have several Business accounts (just remember that each one should be linked to a different bank account/credit card).
  • There are no monthly fees for any of the accounts.
  • Additional services cost $35/month for all of them. You need to get approved to get them. You may get approved for one but not the other.
  • Additional services include:
    – Website Payment Pro (allows you to link PayPal to a shopping cart and charge credit cards without taking your customer to PayPal).
    – Recurring Payments
    – Virtual terminal (may be handy if you run live events or work with offline clients).
  • If you have various ventures and want to have a separate PayPal account for each one, now you can set up a “child” account that is linked to your main one. The benefit is that the money will be swiped from it daily and put into your parent one automatically and with no fees involved. Also, you don’t need to link a child account to a bank account. To set up a child account, create a new PayPal account then call PayPal on the phone and ask them to link the new account to your main PayPal account.

The concise comparison:

  • Personal: Recommended for individuals who shop and pay online.
  • Premier: Recommended for casual sellers or non-businesses who wish to get paid online, and who also make online purchases.
  • Business: Recommended for merchants who operate under a company/group name. It offers additional features such as allowing up to 200 employees limited access to your account and customer service email alias for customer issues to be routed for faster follow-ups.

Since my business is based in Malta, I’ll be describing the PayPal fees for this situation. Other European countries should have similar fees, but do check the PayPal website for your country for more accurate details.

Click this link to check the standard rates for receiving and sending money with PayPal.

The standard rate for receiving payments for goods and services is 3.4% + 0.35 EUR.

If you receive more than 2,500.00 EUR per month, you’re eligible to apply for PayPal’s Merchant Rate – which lowers your fees as your sales volume increases. Your fees can be as low as 1.9% + 0.35 EUR, based on your previous month’s sales volume. For receiving money for product or service sales at the merchant rate, these are the prices:

Monthly SalesPrice Per Transaction
€0.00 EUR - €2,500.00 EUR3.4% + €0.35 EUR
€2,500.01 EUR - €10,000.00 EUR2.9% + €0.35 EUR
€10,000.01 EUR - €50,000.00 EUR2.7% + €0.35 EUR
€50,000.01 EUR - €100,000.00 EUR2.4% + €0.35 EUR
> €100,000.00 EUR1.9% + €0.35 EUR

Here’s the e-mail you get after you apply (manually) for the Merchant Rate:

paypal merchant rates

Note that the rates in the table above are for domestic transactions. If you have customers offshore then you will incur what is known as a cross-border payment charge.

See also: Understanding PayPal Cross Border Fees

Click here to view the higher cross-border transaction fees. You will still benefit from lower rate bands with cross-border payments once you apply successfully for the Merchant Rate.

The accounts we’ve mentioned till now don’t have any monthly fee, but PayPal also offers the PayPal Pro solution, which costs $30 per month.

See also: Should you withdraw from PayPal to a credit card or to a bank account?

The Pro solution is for heavy PayPal users, and allows you to benefit from lower rates among other services. Click this link for more information about Pro. Go for Pro if you need full payment gateway functionality, as this system will allow you to create a fully customized checkout process that will enable customers to complete the purchase from your site rather than being transferred to PayPal as is the standard procedure.

Here’s Pro in a nutshell:

  • $30.00 USD monthly
  • No set-up fees
  • No cancellation fees

Transaction fees 1.9% to 3.4% + 0.35 EUR

Choosing a Checkout Service

If you are using PayPal to collect payments for products and services that you are selling online, you will also need to choose a checkout service. All e-commerce solutions such as Shopify, WooCommerce, and Easy Digital Downloads will allow you to select one out of several e-commerce checkout business solutions offered by PayPal.

See also: Should you open separate PayPal accounts for each of your e-commerce stores?

The choice is between the following:

  • PayPal Website Payments Standard
  • PayPal Express Checkout
  • PayPal Payments Pro

Read my separate post about the pros and cons of each and then decide accordingly

Managing Multiple Currencies

You can choose what currencies to accept and how you would like to accept them. When a buyer sends a payment in a currency you hold, the money will automatically appear in your account in that currency. When a buyer sends a payment in a currency you don’t hold, you can:

  • Open a new currency balance to accept the payment.
  • Convert the payment to a currency you do accept.
  • Block the payment.

You can choose a primary currency as the one you use most often for sending and requesting payments. It’s also the currency that is used for your withdrawal limits.

If you convert a payment into your primary currency, PayPal offers conversion rates that are pretty bad. You can read my guide on PayPal currency conversions for more information about that. You can always preview conversion rates on currencies you don’t hold before accepting payments.

You might also want to change your PayPal withdrawal currency before you withdraw money to your credit card.

An Example

So how do PayPal transactions look? Let’s say I have a client from the US and charged him $600 for some web services I rendered. When he pays me via PayPal here’s what I see in my account:

paypal fees example

Now what’s important here is to know exactly what that $29.70 fee stands for. Since this is a cross-border payment (US to Malta), it can be broken down as follows:

  • Base fee (3.40% + $0.30 USD) = $20.70 USD.
  • Cross-border fee consisting of a fixed (0.50% and 1.00% depending on between which countries the transfer is made) = $3.00 USD and $6.00 USD respectively.

As an average, be prepared to pay around 5% in transaction fees for every offshore payment you receive via PayPal.

If I remember correctly, with a Personal account you can accept or deny payments. Before you accept the payment, you can see the estimated transaction fee on the ‘Transaction Details’ page. If you deny the payment, the fee is not charged. With a Premier or Business account, there is no such option to accept or deny payments.


When you issue a refund, you don’t lose any money and the purchaser gets all his money back. Click here to see the full refund policy together with a worked-out example of how refunds work.

PayPal has recently changed its policy, stiffing sellers, unfortunately.

Withdrawing funds from PayPal

Not all countries offer the same facilities for withdrawing funds from Paypal. For example, in my home country Malta, we used to be able to withdraw money only to a credit, debit, or prepaid card as well as a US bank account, but no local accounts.

This was then changed to allow withdrawals to EUR based local accounts, but unlike with other payment providers, we are not able to withdraw to local accounts in other currencies. This is a big disadvantage if you are making most of your sales in another currency such as USD.

So right now I have to accept all USD being converted automatically by my bank to my card’s currency which is always EUR by default since we’re based in Malta.

Read the following posts on this topic as it is critical that you get this right:

Paypal provides a handy checker where you can select your country and see which withdrawal options are available for that country.

What about PayPal Alternatives?

There are many PayPal alternatives, two of which are Payoneer and Stripe.



It’s worth looking at some PayPal alternatives that might be better suited to your needs. I’ve already mentioned TransferWise earlier in this article, but Payoneer is another widely used PayPal alternative, especially in India.

Launched in 2005 and headquartered in New York, Payoneer is a payment services provider that allows users to send and receive money online. The platform currently services more than 4 million customers located in more 200 countries.

Cross-currency transactions cost in the region of 2% above the mid-market rate, although this can be lowered if you hold a VIP account. If you obtain the Payoneer pre-paid debit card, then you’ll pay $3.15 per ATM withdrawal.

Payoneer is also a notable PayPal alternative due to its highly rated customer support. You have the option of contacting support via telephone, live chat or through a support ticket. However, response times are somewhat slow over the weekend, so you’re best off calling them if your query is of an urgent nature.

Check out Payoneer


Stripe is recognized worldwide as the most painless way to accept credit cards online as a merchant, and it was created with developers in mind, making integrations easy. Fees are on the low side, and you can also get the first $20,000 of transactions with zero fees if you follow my method.

Further notes

Please be aware that there are two different types of payments that can be sent using PayPal – Purchase Payments and Personal Payments. With a Personal payment type, the sender of the payment can choose who pays the fee which is incurred. However, it is not free to send the payment. Either the sender or the receiver must pay. It is possible to receive personal payments to a Personal or Premier PayPal account.

If you are planning on receiving payments for a business you are running, you may need to upgrade your account type, as a Personal account is not suitable for receiving large amounts of payments. However, if you are only receiving a small number of payments, you are free to do so.

In case you are into gambling and want to make a deposit using Paypal, you should be aware that the payment platform has a strict policy about casino transactions.

See also: How to change ownership of a PayPal account

It is possible to have two PayPal accounts, however only one can be for personal use, and must be either Personal or Premier type. It’s not possible to have a Personal and Premier account at the same time.

You can downgrade from a Business account to a Premier account, but not back down to a Personal account.

PayPal users can have one Personal account and one Premier or Business account. Each account needs to have a unique email address, bank account and credit card.

Hopefully, that helps to make your choice easier. If you have any questions, fire them off in the comments section.

Looking for Investment Opportunities?

Here’s a handy widget that will help you sift through a varied collection of platforms. Some of them are based in the U.S. but are also available to international investors.

Filed under: Business

how to upgrade your paypal account to a business account

1 Replies to “How to upgrade your paypal account to a business account”

  1. @nicolette edwards that's not safe. One fire and you lose everything. If it's in a FDIC insured bank, no matter what happens, you are insured for everything up to $250k.

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