What’s the difference between a personal and business PayPal account?
A PayPal Business Account is perfect for businesses that want to accept payments online. It offers features like payment processing, invoicing, and tracking expenses. A PayPal Personal Account is great for individuals who want to send and receive money online.
Can I use personal PayPal account for business?
PayPal personal accounts don’t allow you to accept many payment methods (e.g., you cannot accept invoice payments) or use many other features available through business accounts. Essentially, a PayPal personal account is perfect for sellers who sell only occasionally or informally.
Which PayPal account should I choose to receive money?
Personal accounts are geared towards people who just want an online debit card or credit card payment processor. It’s ideal for sending and requesting money to family and money to friends. It’s also perfect for receiving money if you sell goods and services on an online marketplace such as eBay or Etsy.