Getting started with your PayPal business account.

Mar 04 2021 | PayPal editorial staff | 3 min read

You’ve done your research, completed the online form and signed up for PayPal for your business, but what’s next? There five simple steps to finalising your PayPal business account set up and getting ready to get paid.

1. Confirm your email

To make sure you can access any payments linked with your email address, we need to confirm you have access to that account.

Check your email inbox for a request to confirm your email and click the link. If you can’t find it, check your spam and junk folders. Alternatively, log in to your PayPal account and go to Tools > Business set-up > Account set-up > Confirm your email, check the email and enter your password.

2. Link your bank account

It’s no good getting paid if you can’t access the money. Link your Australian or US bank account in the “Money” tab of your PayPal account so you can withdraw any payments you receive. It’s free to withdraw to your Australian bank account, but there’s a 2.5% fee for withdrawing to a US one.

When you’ve linked your account, you’ll need to verify it. Again, this is to make sure your money goes where it should. We’ll deposit two small amounts into your bank account over the next couple of days. Find the amounts and tell us what they are in the “Money” tab of your account, and you’ll be good to go.

3. Link your credit and debit cards

While you can use your bank account to pay for business purchases with PayPal, it’s quicker when you have a credit and/or debit card on your PayPal account too. It also gives you flexibility to choose which payment method is right for you at every checkout.

To link your cards, just head to the “Money” tab in your PayPal account.

4. Integrate your PayPal payment solution

How you choose to be paid will determine what you need to do to set up your payment solution, but here’s a quick guide:
  • Website payments. If you’re using an eCommerce platform or shopping cart, it’s quick and easy to add PayPal in your cart settings or with an add-on or extension from your cart’s partner list. For custom-built sites or larger online stores, you’ll need to use our APIs. Head on over to the Developer Centre for integration guides.
  • Invoicing. Log in to your PayPal account and head to Invoicing under Tools to start setting up your templates and entering item and customer details. You can also download the PayPal Business app to invoice on the go.
  • Marketplaces. If you’re selling on eBay, Etsy or another marketplace, simply link your PayPal account in your marketplace’s account settings.
If you experience difficulties getting started, get in touch so our team can guide you through.

5. Verify your PayPal business account

To make sure your money, your personal information and your business stay protected, we sometimes take extra precautions and limit your account. This usually happens upfront if you’re a charity, a trust or operating in a higher risk industry, but it can happen to any business at any time.

If we need to verify your business, we’ll email you and let you know what’s going on. Follow the in-account notification to confirm your details and provided any required documents. It’s important you act fast to avoid impact on your business operations and cashflow.

Remember to always log in to your account at to provide sensitive information and documents.
The contents of this site are provided for informational purposes only. You should always obtain independent, professional accounting, financial, and legal advice before making any business decision.

Frequently asked questions.

To change the name of your business:
  1. Go to Settings.
  2. Select "Account Settings".
  3. Below "Business Profile", click Business Information.
  4. Next to 'Business Information', click Update.
  5. Near the top right, click Edit.
  6. In the "Business Name" field, change the name.
  7. Click Save.
You must be able to verify the legal name change of the business. If it’s a new business, create a new PayPal business account rather than updating the business name on an existing account.

To transfer money to your bank, the new business name on your PayPal account must match the name registered on your bank account.

There are two types of PayPal accounts: Personal and Business.

Here's how you open an account:

  1. Go to our Sign Up page.
  2. Choose which account type you want.
  3. Enter your email address and click Get Started.
  4. Enter your information and choose a password (it must contain at least eight characters and is case sensitive). You will need these to log in to your PayPal account.
  5. Click Create Application.
  6. Complete each section of the application.
  7. Submit your application.

What is PayPal.Me?
PayPal.Me is a faster, easier way to get paid through PayPal. Just share your very own PayPal.Me link ( with others, and they can send you money for any reason.

They don’t have to know your email address or mobile phone number, or even have the PayPal app. They can just tap on your link, go to your PayPal.Me, type in the amount, and send the money.

How do I create my own PayPal.Me link?
Just visit PayPal.Me to create your link. If you already have a PayPal account, log in and generate your link. If you don't, signup is fast and free.

You can also grab your link from the PayPal.Me Profile section in your account settings.

Is it free to set up?
Yes. PayPal doesn't charge a fee to open a PayPal account or set up a PayPal.Me link.

What kind of PayPal account do I need?
PayPal.Me is open to all account types, however business accounts can only accept Goods and Services payments.

Is PayPal.Me available in my country?
We're adding new regions as fast as we can. Check back often to see if it's available in your country.

Can I use PayPal.Me on my mobile device?
Yes. Your PayPal.Me link is available on mobile (iPhone and Android), desktop, and tablet. 

Need more information?
How do I set up my link?
How do I get paid with PayPal.Me?
How do I send money using PayPal.Me?
How do I manage my PayPal.Me link?
How secure is PayPal.Me?

All eligible Australian charities are automatically listed in the PayPal Giving Fund directory. Eligible charities with verified PayPal business accounts can access the PayPal Giving Fund dashboard to see donation details and update their profile information.

If you’d like access to the PayPal Giving Fund dashboard, you can contact us to ensure you meet the eligibility requirements before you sign up for and verify a PayPal business account for your charity.

Feel free to explore our site or get your questions answered on our PayPal Giving Fund FAQs page. It generally takes 3 business days to process your PayPal Confirmed Charities registration.
The contents of this site are provided for informational purposes only. The information in this article does not constitute legal, financial, IT, business or investment advice of any kind and is not a substitute for any professional advice. You should always obtain independent, professional accounting, financial, IT and legal advice before making any business decision.