Closing down personal PayPal account to open a business one?

Discussion in 'PayPal' started by Seqqa, Nov 28, 2009.

  1. #1
    Hey everyone,

    I just wanted to know if I close down my personal PayPal account am I allowed to re-sign up to create one for my company?

    Any help would be great!

    Thanks
     
    Seqqa, Nov 28, 2009 IP
  2. chandan123

    chandan123 Prominent Member

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    #2
    yes u can do

    but even without closing the personal account u can own a premiere or business paypal account
     
    chandan123, Nov 28, 2009 IP
  3. steve1040

    steve1040 Well-Known Member

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    #3
    I think you can just upgrade your account.
    Make sure you purchase the security key it's like a one time fee of 5.00
     
    steve1040, Nov 28, 2009 IP
  4. InBiz

    InBiz Peon

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    #4
    You do not need to close down your personal account. You should be able to upgrade your account internally. Surf around your account and see.
     
    InBiz, Nov 28, 2009 IP
  5. ColdMoon

    ColdMoon Peon

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    #5
    You can have 1 Personal and 1 Business account ( I've been using PayPal in this way for quite a long time ).
     
    ColdMoon, Nov 28, 2009 IP
  6. toycat

    toycat Well-Known Member

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    #6
    You are allowed one personal + one premier or business account

    Or you can just upgrade it from the paypal account menu
     
    toycat, Nov 28, 2009 IP
  7. StocksonWallStreet.net

    StocksonWallStreet.net Active Member

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    #7
    What is the difference between a Personal account and a Business one?
     
    StocksonWallStreet.net, Nov 28, 2009 IP
  8. crmb

    crmb Peon

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    #8
    Just upgrade your account. You can actually have multiple business accounts when you get big. I have 4, all setup by my account manager for different businesses.
     
    crmb, Nov 29, 2009 IP
  9. Moses8595

    Moses8595 Peon

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    #9
    Paypal allows 2 accounts per person... There is no need to close your personal PayPal account..You can create a new Business account...

    Personal account just for receive the payment from family & friends...If you are don't have online business I suggest you just take personal account
     
    Moses8595, Nov 29, 2009 IP
  10. prettybomb2008

    prettybomb2008 Peon

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    #10
    You can maintain both Personal account and Business account actually ...so in case you will have problems with either of your paypal you can use the other one
     
    prettybomb2008, Dec 1, 2009 IP