![]() ![]() Prepare the following information to quickly fill in the form: your business legal name, address and phone number, contact information for customer support, estimated monthly sales, website address if you have any, your tax ID number, and business owner personal information.Īfter your account is set up, you can start accepting payments, send invoices, offer Buy Now, Pay Later, and other payment processing options with your PayPal account. Please note that you have to provide details about your business when setting up your PayPal Business account. To link a bank account, you need a business PayPal account and your bank information handy. However, linking your PayPal payments to a bank account will require some additional documentation. Setting up your PayPal business account is straightforward and can be a quick and pain-free process. International reach: You can accept payments from more than 200 countries.Speed and convenience: Customers can easily make payments with their PayPal accounts in just a few clicks.Security: PayPal is a secure payment gateway that encrypts your customers’ financial information, protecting it from hackers.Here are the benefits of using PayPal as a payment method for your online business: So, if you’re serious about running a business and plan on growing and expanding it, it’s better to start with a business account. For example, a Business account is required to enable debit card payments, alternative payment methods, and Pay Later. Most functions and tools provided by PayPal for business owners are only available to business accounts. Some beginner online sellers start with a personal account, but there are actually more benefits to using a business one. With PayPal, you can create a personal or a business account. Why Use a PayPal Business Account for an Online Store? Today, PayPal supports 130+ currencies, and over 429 million accounts actively use this online payment in over 200 countries. PayPal has been around since 1998 and is now one of the leading digital payment methods used worldwide. ![]() ![]() Even better, PayPal also has a business account that offers more benefits, grows your online business, and gives customers an enjoyable experience. PayPal is a convenient payment system that allows your online store to accept payments from credit cards, debit cards, bank accounts, etc. ![]()
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