A PayPal business account in its simplest definition is a PayPal account particularly meant and is used for business transactions. It embodies a variety of features that can serve as a great tool to enhance your business, especially in the area of online transactions.
Imagine getting a PayPal business account which is specifically created as a United States account, you can achieve more as there are more opportunities and benefits attached to owning an account with top world countries.
Are you interested in knowing how to create US Business PayPal Account? If yes, then this article is for you.
How To Create US Business PayPal Account
For the creation of a US Business PayPal account, you will be required to provide details consigning your business and yourself.
Requirements To Create US Business PayPal Account
You will be required to provide some details, especially that if your business. Some of the requirements include:
• A VPN (Optional) (if you are creating from an ineligible country or you want to remain anonymous)
• Business Name
• Business Type
• Residential and Business Address
• Tax ID Number
• Services or Products You Offer
• Monthly Sales
• Customer Support Email and Phone Number
• Photo ID
Steps To Creating A US Business PayPal Account:
If you are creating the account from an ineligible country, you have to make use of the US PayPal page which is PayPal.com/us, but if the PayPal browser which is www.paypal.com can’t open, then you have to make use of a VPN. Use a VPN to access the US PayPal page, and follow these steps:
Step 1: Sign Up
After opening the website, click the signup button then you will be required to choose if it’s a personal or a business account you want to create. Select business account, after selecting business account, you will be required to fill in the required information.
Fill in every detail in the required space, then consent to the PayPal Online Card Payment Services Agreement and the PayPal Alternatives Payment Methods Agreement.
Step 2: Verify and Activate Your US PayPal Business Account
You can access your Business dashboard after signing up, though the functions will be limited until you complete your verification process and get verified.
To verify your account, the requirements include
• Tax ID Number (If you didn’t provide while signing up)
• Email Address Confirmation
• Bank Account
Before you can be able to make withdrawals from PayPal Business Account In, you will be required to connect your bank account.
Your bank details will be required such as bank name, bank code, and branch code. These details especially the bank name must match the name in the PayPal Business Account.
Two small deposits will be made to your bank account by PayPal, enter them in the verification space to continue the verification which takes three to five business days.
Step 3: Configure Your Payment Tools
After your PayPayPalsiness Account has been verified, ensure to configure your payment tools. The steps to configure it are discussed in the dashboard section.
After that, your US Business PayPal Account is up and running.
Hope these steps help you create a US Business PayPal Account. With a US Business PayPal Account, your business won’t have a barrier to intercountry transactions.