Users have access to PayPal business tools and products.PayPal business account users get live customer support.Up to 200 employees can access the account, and you can decide on their level of access.PayPal business account users can collect payments via credit or debit card from customers who don’t have a PayPal account.PayPal business accounts offer more privacy than a personal account, thanks to the ability to register the account under a company or business name.Here’s a quick overview of what PayPal business accounts have to offer: What are the benefits of using a PayPal business account? While there is no charge to set up your PayPal business account, there are fees associated with the payment processing services it offers, such as for credit and debit card transactions and international payments for goods and services. There are zero setup fees, no monthly fees for using PayPal Payments Standard (PayPal Payments Pro charges a $30 monthly fee) and no minimum processing requirements - you can cancel your account at any time. Opening a PayPal business account is free. How much does it cost to open a PayPal business account? At this stage, you’ll also be able to access all of the other features of a PayPal business account. Once complete, PayPal will prompt you to choose the payment methods your business will accept. You may be given additional instructions for verifying your banking information. When you see the transaction, you can take the final steps to set up your account. This step takes three to five days, so check your bank account regularly for two small deposits from PayPal. Once complete, PayPal will send a verification request to your bank by making two small deposits into the account. ![]() You’ll be asked for the name of your bank, the account number, and a routing number to complete this step. You can use a personal bank account number if you don’t have a business account. Following the prompts in the email, log into PayPal and enter your bank account information.
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