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Paypal Business Account Question

Discussion in 'PayPal' started by Jesse27, May 6, 2014.

  1. #1
    Hey guys,
    SEMrush
    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
     
    Jesse27, May 6, 2014 IP
    SEMrush
  2. bluemuse

    bluemuse Member

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    #2
    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%
     
    bluemuse, May 6, 2014 IP
  3. infanteria

    infanteria Active Member

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    #3
    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
     
    infanteria, May 6, 2014 IP
  4. Earn Easy

    Earn Easy Active Member

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    #4
    yes u can have multiple business account
     
    Earn Easy, May 6, 2014 IP
  5. lifeplayer

    lifeplayer Notable Member

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    #5
    Yes, you can have more than one paypal business account
     
    lifeplayer, May 6, 2014 IP
    Jesse27 likes this.
  6. Joshie

    Joshie Notable Member

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    #6
    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.
     
    Joshie, May 7, 2014 IP
    Jesse27 likes this.
  7. Jesse27

    Jesse27 Well-Known Member

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    #7
    Thanks for the reply guys! :)
     
    Jesse27, May 7, 2014 IP