This is a guide on how to upgrade a personal account on PayPal to a Business account.
You have to be a sole trader for You to be able to upgrade your personal account to a business account. But if you run any other business type, youβll need to open a new business account with a different email address and bank account.
You can create more than one account on PayPal, a Personal account and a Business account. but each account must have a separate email address and financial information.
Follow the below steps to upgrade your PayPal account:
- Click Settings at the top right corner of the page.
- Click Upgrade to a business account under "Account options".
- Follow the instructions on screen to upgrade your account.
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