How To Set Up a Paypal Business account

Last Update: Dec 21, 2015

22
1.3K followers

I've read a number of posts about members wanting to set up Paypal Accounts for their online businesses and found a good article which may help get them started

http://www.makeuseof.com/tag/set-paypal-account-bu...

Hope this may be of some help.

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Recent Comments

16

Thanks for article. I'd been wondering about this.

Ken I love your paypal info... I recommend Paypal for all the safety and security features. Plus for purchasing online if the website has Paypal facilities.

Do I need business account to receive money from google adsense and affiliate programs ?

The standard PayPal account is usually used for online shopping whereas the business account is needed to receive payments, add PayPal "buy" buttons for your priducts etc.

Thank you for your answer but still have some doubt if you don't mind. Let say I have a website and I am in affiliate program with amazon, I will need business paypal to receive money from them even if I don't sell product myself ?

If you set up an Amazon affiliate program they pay you by cheque for any sales made.

Thank you, I didn't know that

I would have a business account to keep funds separate. It's necessary for tracking.

Makes sense. Thank you

Yes, I would recommend it.. Reason, it show the true income that you are generating from your business. Plus from an accounting view it's easy to log on your spreadsheet for your yearly reports.

I would have a separate account for personal income so it is not confused with your business income.

Thank you for your answer, appreciate

No problem, we are here to help each other to be successful.

Ken, Thanks for sharing. Jack

Great link Kennick. I am just about to go to selling outside of affiliate links and this is going to be invaluable.

Glad it can be of some use Ron.

thanks for sharing! I have had my business paypal account for a while... just ask if anyone wonder about something! I might be able to help :-) or at least try!

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