PayPal is an American-based company that operates in the online payment system in most countries that support e-commerce payment systems. The company serves as a mediator for online vendors/merchants and many commercial users. It provides a safe and secure way to exchange money. PayPal accounts can be used for online transactions and online shopping. Before getting to know how to create your PayPal account, you must decide which type of account you want to create. There are two types of PayPal account; one is "Personal", and the other one is a "Business" account, and both have definite benefits and ideal uses. If you only want to send money to friends/family or do online shopping, then a personal account is best. The other type of PayPal account, i.e., a business account, is mainly for business purposes. If you want to sell products online or make debit and credit transactions for a small charge, you should choose a business PayPal account. In this write-up, we have provided the steps for PayPal Login and how to create a Business PayPal account.
How to create and login to a Business PayPal Account
Go to PayPal.com and click "Sign-up".
Select the "Business account" option and click "Next".
Write down your email address and click "Next".
After that, create a PayPal login id and password.
Enter your business-related information.
Next, read all business-related policies and agreements carefully. Then click the "Agree and Continue" button.
After that, you will be asked some business-related questions such as social security number, employer id number, etc.
Then, enter the website address if you have one and press the "Continue" button.
After that, you will be asked for some personal information to verify your identity.
Then your Business PayPal account is ready.
Link your Bank Account
Once you create a Business PayPal account, the next step is to link a bank account to make transactions. Linking your bank account to PayPal takes a few minutes only. To link your bank account, you will need further information- PayPal login username and password, your bank name, bank routing number, bank account number, and username and password you use for online banking. Steps to link your bank account to PayPal:
Go to PayPal.com and click "login".
Log in to your Business PayPal account.
Select "Money" at the top of the page.
Now, click on "Link a bank account".
Select your Bank.
You may see the option link to your bank immediately using your online banking login details.
If the option isn't available, write your details manually and select the "Agree and Link" button.
Benefits and Advantages of Business PayPal Account
PayPal is a much faster and secure way to receive payments. There are many benefits of a PayPal Business account, such as access your money quickly, keep your costs down, provide a better experience to your customers, etc. Here, we have discussed some benefits and advantages of PayPal login.
Access your money quickly:
When your order is complete, it usually shows up in the PayPal account within a few minutes. After that, you can transfer that money to the linked bank account or spend it wherever PayPal is accepted.
Keep your costs down:
In PayPal, there are no hidden charges, i.e., there are no extra charges for setup, downgrades, statements withdrawal, or cancellation.
Provide a better experience to your customers:
PayPal does not charge a fee for your customers to make a purchase. Customers are not required to have a PayPal account to pay and they can pay you in different currencies.
In this write-up, we have provided information about what PayPal is, how it can be used, how a Business PayPal account is created, steps for PayPal login, how you can link your bank account with PayPal, and the benefits and advantages of having a business PayPal account.