How do I upgrade or downgrade my PayPal account?
You can have two PayPal accounts - one personal account and one business account. Sign up for a second account if necessary.
If you want to upgrade your personal account to a business account:
- Go to Settings.
- In the Account Options section, click Upgrade to a Business Account.
Most business accounts cannot be downgraded, so we recommend opening a new personal account.
If you want to use the same email address that’s registered with your business account, you'll need to close your business account first.
Can have more than 1 PayPal account?
Yes. You can have 1 Personal account and 1 Business account. Each account must be registered with a unique email address.
I recently upgraded my PayPal Balance account to a business account and can't use crypto. What can I do?
Please Contact us and a member of our Customer Service team will assist you.
What happens to my account number and routing number if I upgrade my personal account to a business account?
If you upgrade your personal account to a business account, the account number and routing number assigned to your personal account’s PayPal Balance account will be closed. This means that any payments set up using this account number and routing number would fail. A new account number and routing number assigned to your business account would need to be requested, and any future payments using your business account balance would need to use this new account number and routing number.