![]() Opening a PayPal business account is free. How much does it cost to open a PayPal business account? At this stage, you’ll also be able to access all of the other features of a PayPal business account. Once complete, PayPal will prompt you to choose the payment methods your business will accept. You may be given additional instructions for verifying your banking information. When you see the transaction, you can take the final steps to set up your account. This step takes three to five days, so check your bank account regularly for two small deposits from PayPal. Once complete, PayPal will send a verification request to your bank by making two small deposits into the account. You’ll be asked for the name of your bank, the account number, and a routing number to complete this step. You can use a personal bank account number if you don’t have a business account. Following the prompts in the email, log into PayPal and enter your bank account information. ![]() Provide your bank account information.This step is required to start using your account. Open the email, and verify your email address. Within a few minutes, PayPal will send you an email to confirm the email address you’ve provided. You’ll be ready to accept payments for goods and services, track payments and profits, and access tools like live customer support. ![]() Just gather a few pieces of information about yourself and your business, follow these nine simple steps, and you’ll be up and running with a PayPal business account in a matter of minutes. Even if you already have a PayPal personal account, there are benefits to opening a separate business account. These accounts are great for those who need to start accepting payments as well as those looking to expand payment options and manage the day-to-day of online sales. Starting a new business? Already have a bustling small to medium-sized business (SMB)? Why not set up a PayPal business account? Supply additional information about your business.Provide some basic information about your business.Enter an email address that isn’t associated with a PayPal personal account.Choose Business Account and click Next.Steps to set up a PayPal Business Account
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