What is PayPal Business Account?

First let’s break down the core function of the service itself.

For several years now, PayPal has made it possible for companies to free themselves from their usual banking partner.

PayPal is a payment service used and accepted by merchants around the world. This very popular system is simple, fast and secure. To be able to make online purchases, the customer must link his PayPal account to a bank card. The merchant’s account is credited immediately after payment.

To receive payments from your customers, you must open a PayPal business account. It is important to choose the right type of account, as it is not possible to accept payments from customers with a regular PayPal account.

If you already have a PayPal business account, you can add PayPal as a payment method to your store site.

It will be understood that a Paypal business account has its advantages, particularly in terms of flexibility, but also heavy limit impositions must be taken into account before making a decision.

How to Open a PayPal Business Account

•  Go to PayPal. by clicking here
•  Select Professional Account and click Continue.
•  Enter your email address and click Continue.
• Enter your email address, a password and fill in your contact details. Select the I accept and consent to the Terms of Service and Privacy Policy check box. Click on Validate and continue.
• Choose your type of business.
• Choose a professional category. Click on Continue.
• Fill out the form and click Continue.
• Continue on the configuration page by clicking on the Configure your payments button.

Your PayPal business account is ready to use. You have to confirm your e-mail address by clicking on a validation link which has been sent to you at this address.

How To Sign Up?

Signing up for a PayPal Business account is easy and we’ve broken down the steps to guide you through the process.
Before signing up for your PayPal Business account, ensure that you have the correct ID information on hand.You’ll need your business registration information, business license and legal representative’s ID document.

In order to sign up for a PayPal Business account, your business must have a valid business registration in Mainland China.

STEP 1: Getting Started

It’s quick to set up an account with us. All you need are basic details such as your business name, contact details, and which currency you want to send and receive payments in. Make sure the name you use is identical to the one showing on your business license to prevent security issues.

STEP 2: Tell us more about your business

Please fill in details such as, product/service keywords, company URL (if applicable), country of registration, Business registration number and date of registry.

STEP 3: Tell us more about yourself

Let us know more about yourself, your country of birth and your current country of residency. If you do not have a National Identity Card, you may also sign up with your passport number or other photographed national ID.

STEP 4: Details about organization

Provide more details about your organization. Please then certify the information and click ‘Submit’.

STEP 5: Verify your email address

You should have received an email from us once you signed up for an account. Simply click on the link in the email to confirm your email address. If you can’t find the email, you can click the Profile icon in your PayPal account to request for another one.

STEP 6: Link your bank account

Linking your bank account gives you another option to pay with the security of PayPal’s encryption and data protection. You can withdraw funds from PayPal to your bank account once you’ve linked your account.