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Question about Personal Account and Business Account in PayPal

by Efryll
5 replies
Is there any way to go back to "personal Account" instead of "business account" in paypal?
I'm currently on "business account and they're taking some % every time I receive money"..
#account #business #paypal #personal #question
  • Profile picture of the author Efryll
    LOL.. I just browse the threads and there's a lot of open topics / questions about paypal!
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    • Profile picture of the author trishworks4u
      Originally Posted by Efryll View Post

      LOL.. I just browse the threads and there's a lot of open topics / questions about paypal!

      Yes - I saw that too. I'd actually be interested in the answer to this (without having to contact Paypal).

      My main Paypal account is a business account that happens to be set up on an offline business that I have up for sale. When/If I sell, I'll obviously have to change this.
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      • Profile picture of the author catchingeye
        This is what I found on Paypal website for all of you:

        To downgrade your account, contact us at 1-888-221-1161. You can downgrade only once from a Business or Premier account to a Personal account. After you downgrade to a Personal account, you can no longer use the PayPal Debit MasterCard®. You won't be able to use Website Payments products or use PayPal as an additional payment option.
        Hope it helped.

        Wish you all the best.
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        • Profile picture of the author trishworks4u
          Originally Posted by catchingeye View Post

          This is what I found on Paypal website for all of you:



          Hope it helped.

          Wish you all the best.
          Don't you just hate it when people ask questions about stuff in forums that can easily be found online?

          Thanks. Don't wanna give up my Mastercard. Will have to think on that.
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          • Profile picture of the author Efryll
            Thanks for reply.

            Woot! I just google it and this is better! Setting up new one! =)

            ---------------------------
            Can I have multiple PayPal accounts?

            Yes. PayPal members may have one Personal account and one Premier or Business account. You can add additional email addresses, credit cards and debit cards, and bank accounts to your Personal, Premier or Business account. However, each account must have its own email address and financial information. If only one account is needed you may also upgrade from a Personal account to a Premier or Business account.
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