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The ºÚÁÏÃÅ Blog>A Guide on How to Change Paypal Business Name

A Guide on How to Change Paypal Business Name

Posted by Max Komonov

IfÌýyou run aÌýsmall business, PayPal offers anÌýeasy andÌýconvenient way toÌý. Not only does PayPal serve asÌýaÌýcredit card processor, but theÌýplatform also allows you toÌýaccept transfers from other PayPal account holders.

One issue many people face isÌýthat theÌýaccount isÌýnot always registered asÌýtheÌýname under which theÌýbusiness trades. However, this shouldn’t beÌýaÌýcause f´Ç°ùÌýconcern. PayPal recognizes that anÌýincorrect ´Ç°ùÌýoutdated name might confuse your customers. AsÌýsuch, theÌýinterface lets PayPal account holders alter their business names f´Ç°ùÌýfree.

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Tips from e-commerce experts f´Ç°ùÌýsmall business owners andÌýaspiring entrepreneurs.
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Our Step-by-Step Guide f´Ç°ùÌýChanging Your PayPal Business Name

  1. Log inÌýtoÌýyour PayPal business account, just asÌýyou would normally do.
  2. Wait f´Ç°ùÌýtheÌýaccount balance page toÌýload. Then click “Profile” which you can find atÌýtheÌýright ofÌýtheÌýtoolbar when you select theÌý“My Account” tab.
  3. Once theÌý“My Profile” menu page loads, click “My Selling Tools” which can beÌýfound atÌýtheÌýbottom left-hand menu. Then wait aÌýmoment f´Ç°ùÌýsetting options toÌýappear.
  4. Here you will beÌýable toÌýfind theÌý“Credit Card Statement Nam”, which isÌýlocated onÌýtheÌýsecond row under “Selling Online”. IfÌýyou are unsure, this should beÌýaround theÌýtop ofÌýtheÌýlist ofÌýsettings. Now, click “Update” onÌýtheÌýright side ofÌýtheÌýfield andÌýwait f´Ç°ùÌýtheÌý“Payment Receiving Preferences” toÌýload.
  5. Scroll down theÌýpage until you find theÌý“Credit Card Statement Name” andÌý“Extended Credit Card Statement Name” boxes.
  6. You can now highlight andÌýremove theÌýpresent name inÌýtheÌý“Credit Card Statement Name” field. Chance this name toÌýone which matches your trading name. However, this cannot consist ofÌýmore than 11Ìýcharacters, including spaces.
  7. Then, repeat theÌýsame process inÌýtheÌý“Extended Credit Card Statement Name” field underneath. Once again, type your chosen name, but you can use upÌýtoÌý19Ìýcharacters, including space.
  8. Click “Save” atÌýtheÌýbottom ofÌýtheÌýpage. Now you are free toÌýlog out ofÌýPayPal ifÌýyou have noÌýmore changes toÌýmake toÌýyour profile ´Ç°ùÌýstay logged inÌýifÌýyou wish toÌýcheck further information about your account.

Why DoÌýYou Need aÌýPayPal Business Account?

IfÌýyou already have aÌýPayPal personal account, you may beÌýwondering why you need aÌýPayPal Business account inÌýtheÌýfirst place. Shouldn’t your personal account beÌýsufficient?

Well, aÌýbusiness account offers all theÌýfeatures ofÌýaÌýpersonal account…and soÌýmuch more. Business account holders enjoy aÌýcomprehensive list ofÌýservices, whether they are merchants, small business owners, ´Ç°ùÌýself-employed copywriters.

AÌýPayPal business account lets you transform your website into anÌýecommerce store that directs customers toÌýPayPal upon checkout.

You can also use aÌýbusiness account toÌýset upÌýsubscription services soÌýthat customers can sign upÌýf´Ç°ùÌýrepeat shipments ofÌýgoods (such asÌýmonthly goodie boxes, premium content, etc.) with aÌýsingle transaction.

IfÌýyou employ people who may need toÌýaccess your PayPal business account, you’re inÌýluck. PayPay lets upÌýtoÌý200Ìýemployees log-in per company, soÌýthey can use all theÌýadditional features, set upÌýshipping methods, check inventory, andÌýtrack profits.

InÌýaddition, you can use your PayPal business account toÌýuse aÌýrange ofÌýservices that will help with theÌýgeneral day-to-day activity regarding online sales. For example, you print labels, access customer support, andÌýtrack your payment history.

Unlike personal accounts, your business account isÌýregistered under your enterprise name rather than your personal title, protecting your privacy andÌýimproving brand awareness.

IfÌýyou want toÌýset upÌýaÌýPayPal business account, you will need theÌýfollowing things:

  1. PayPal account owner’s name
  2. PayPal account owner’s address
  3. Account owner’s email address
  4. Business name
  5. Business customer service contact info
  6. Business address
  7. Bank name
  8. Business ´Ç°ùÌýpersonal bank account number
  9. Bank routing number
  10. General business information

Why IsÌýPayPal Good f´Ç°ùÌýYour Customers?

PayPal isÌýaÌýfantastic payment option f´Ç°ùÌýcustomers all across theÌýglobe. The platform lets people pay f´Ç°ùÌýitems inÌýmillions ofÌýecommerce stores across theÌýUnited States andÌý203Ìýglobal marketsÌý— all without theÌýneed toÌýconvert your currency. AsÌýsuch, you’ll always know how much you are spending when you are spending it. InÌýaddition, PayPal isÌýcompletely free andÌýoffers aÌýPayPal app that can beÌýaccessed onÌýanyÌýmobile ´Ç°ùÌýtablet device.

AsÌýwell asÌýmaking one-time payments, PayPal also offers aÌýsimple way toÌýpay recurring bills andÌýsubscriptions (streaming services, magazine subscriptions, etc.)

PayPal’s main benefits toÌýbuyers can beÌýsplit into theÌýfollowing categories:

Security: PayPal does its best toÌýensure your financial information isÌýcompletely safe, whether you are sending money, buying items, ´Ç°ùÌýsimply paying bills.

Speed: PayPal remembers your card details, soÌýyou’ll never need toÌýenter your financial information atÌýevery checkout screen. IfÌýanÌýecommerce store isÌýusing PayPal, paying f´Ç°ùÌýproducts isÌýsoÌýmuch quicker.

Simplicity: AsÌýwell asÌýoffering free sign upÌýtoÌýall users, PayPal also lets you make purchases andÌýsend money toÌýfamily, friends, andÌýacquaintances inÌýtheÌýUnited States with your PayPal balance ´Ç°ùÌýyour linked bank account, f´Ç°ùÌýnoÌýadditional cost.

Who Are We?

AtÌýºÚÁÏÃÅ, weÌýstrive toÌýmake selling online asÌýsimple andÌýstress-free asÌýpossible. ToÌýhelp you out, weÌýhave created aÌýpowerful ecommerce platform that makes online sales easy f´Ç°ùÌý²¹²Ô²â²ú´Ç»å²ââ€Â£´Ç matter your experience ´Ç°ùÌýspecific ecommerce needs.

Our ethos isÌýsimple: weÌýtake theÌýrequirements ofÌýall merchants seriously. AsÌýsuch, ifÌýsomething isÌýdifficult toÌýgrasp, weÌýmake itÌýsimple. IfÌýit’s boring, weÌýmake itÌýenjoyable.

Basically, weÌýgive you theÌýtools toÌýcreate your own store from scratch. You can then sync your ecommerce portal across your website, marketplaces, social media, andÌýmore. With our help, you can grow your business with easy-to-use marketing tools. And you can oversee all ofÌýthis from your ºÚÁÏÃÅ control panel.

WeÌýhope we’ve given you enough information toÌýhelp you successfully change your name onÌýPayPal.

Ìý

About The Author
Max has been working in the ecommerce industry for the last six years helping brands to establish and level-up content marketing and SEO. Despite that, he has experience with entrepreneurship. He is a fiction writer in his free time.

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