How To Change Paypal Account From Business To Personal In 2023

Introduction

PayPal is a widely used online payment platform that allows users to send and receive money online. It offers various types of accounts, including personal and business accounts. A business account is suitable for those who run a business and want to accept payments online, while a personal account is ideal for individuals who want to make online transactions. In this article, we will show you how to change your PayPal account from a business to a personal one in 2023.

Step-by-Step Guide

Step 1: Log in to your PayPal account

The first step is to log in to your PayPal account using your email address and password. Once you are logged in, you will be taken to your account dashboard.

Step 2: Go to the Settings menu

Next, click on the gear icon at the top right corner of the screen to access the Settings menu.

Step 3: Click on “Account Settings”

In the Settings menu, look for the “Account Settings” option and click on it.

Step 4: Select “Close your account”

Under the “Account Settings” section, you will find a link that says “Close your account.” Click on it to proceed to the next step.

Step 5: Choose “Change account type”

On the “Close your account” page, you will see several options. Look for the “Change account type” option and select it.

Step 6: Select “Personal”

Once you select “Change account type,” you will be asked to choose between a personal and a business account. Select “Personal” and click on “Continue.”

Step 7: Confirm your account details

PayPal will now ask you to confirm your account details, including your name, address, and phone number. Make sure that all the information is correct before proceeding to the next step.

Step 8: Provide additional information

PayPal may ask you to provide additional information, such as your social security number or tax ID number. Follow the on-screen instructions to provide the required information.

Step 9: Agree to the terms and conditions

Before you can change your account type, you will need to agree to PayPal’s terms and conditions. Read through the terms carefully and click on “Agree” if you agree to them.

Step 10: Submit your request

Once you have completed all the steps, click on “Submit” to send your request to PayPal. You will receive a confirmation email from PayPal once your account type has been changed.

Tips and Tricks

– Make sure that you have cleared all outstanding payments or refunds before changing your account type. – If you have any pending disputes or claims, it is best to resolve them before changing your account type. – If you have any recurring payments or subscriptions, you will need to cancel them before changing your account type.

Conclusion

Changing your PayPal account from a business to a personal one is a simple process that can be done in just a few steps. By following the step-by-step guide in this article, you can switch to a personal account and enjoy the benefits of online transactions without any hassle. Remember to follow the tips and tricks to ensure a smooth transition.