Is a PayPal business account free to set up?
Why should I get a PayPal Business account?
How does PayPal keep my business info private?
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Anyone open a PayPal account with LLC?
Sign Up Business Information.. won't let me through
You didn't select something valid in one of the dropdown boxes?
More on reddit.comStuck in create a business account
You'd also need to be 18 to have a personal account, it just doesn't ask you for your date of birth when you sign up, just tick a box to say that you're over 18.
You could try going to their contact page and email or phone them, just saying you changed your mind and want to be downgraded to a personal account again, without mentioning your actual age, that might work.
Just bear in mind that if they find out at any stage that you're under 18, the account can get limited and any money on the balance put on hold till you turn 18. As far as I know this is a legal requirement, not just a PayPal restriction.
More on reddit.comPayPal cancelling Backup Funding feature of PP Business Debit Mastercard entirely on Sep 12 2023
The chat support keeps telling me that they are not available (I contact them during business hours), so I ask here just in case anyone knows.
I have a single member LLC and created a business PayPal account. They are asking for "business type" even after I already told them it's a single member LLC.
The options I need to select from are
Individual/Sole Proprietorship
Partnership
Corporation
I'm a single member LLC, so not partnership or corporation I assumed.
Not exactly individual or sole proprietorship either, since I'm an LLC, but that was as close as it was I thought.
But when I select individual or sole proprietorship option, they get rid of the box to put in my EIN, which I actually have, and they want my SSN instead like an individual. I already have a personal account with an SSN so would rather put in EIN.
The thing with EIN is driving me nuts. Anyone have experience with this?