Hey guys, I'm not familiar with Paypal in terms of it's business accounts. But my question is, is it okay to open two seperate business accounts for each different entity? For example: I will be running a tshirt/clothing online store, that can receive payments via paypal and another will be a fashion jewelry store. (Both are two different websites/different company but operated by same people) Will it be okay to open two seperate business accounts for it? So that whenever user makes payments, the business name will be the one to appear on checkout Thanks in advance
You cant have two paypal accounts operated by the same person. Maybe you can take a friend or family member address and use it. Only do that with people that you trust 100%
You can open many business accounts. You cannot open 2 personal accounts for 1 person You can open 1 personal and 1 business account for 1 person
You can but you MUST have to have 2 different banking account. Each business PayPal account requires each different banking account to withdrawl. You can use same banking account for PayPal Personal/Premiere and PayPal Business but you cannot use the same banking account for more than one PayPal Business therefore you would have to multiply banking accounts for however many PayPal Business you want. If you want 5 PayPal business then you would have to have 5 different banking accounts. PayPal will tell you no, but several people with multiply PayPal Business accounts will tell you otherwise. It's a risk but it's possible as long as you use each different banking accounts.