PayPal Business Account – Applying for PayPal Business Account Online

Filed in Online Account by on March 25, 2020 0 Comments

PayPal Business Account – Applying for PayPal Business Account Online

This write up is about PayPal business account and how  to set it up. Before we go into it lets see the meaning of PayPal Business.

PayPal-Business

PayPal business is an account on PayPal that is used basically for business that is designed and programmed to get to receive money visually from anywhere within the globe.

Why Should I Make use of a PayPal Business Account?

There are a lot of reasons why you should make use of Paypal Business account with Paypal Business; you are offered the following below:

Seller’s protection: you can be peace being assured that your sales are been protected against any unauthorized payments, and reversed transactions.

Registering for an Account is totally free and can be done online.

With the paypal business simple pricing feature, you are allowed to pay for fees only when you are paid.

This feature also allows automatic deduction of commissions from your sales so your monthly bill is deducted directly.

The account offers you easy access to cash. Once you receive funds or payments with PayPal, the amount is instantly,

reflected in your account and you can use the money to buy products or services from other PayPal users or even withdraw it directly to your bank account at ease.

How to Apply For Business Account Online

  • Visit paypal.com. and after that, select business account by clicking the white “sign up now” button on a blue background
  • Then enter email address in the field provided
  • Hit “get started”.
  • Fill the form you see and create your application.
  • Add your business information, business contacts, and your trust information if you have.
  • Finalize by reviewing and submitting your application.

Create a Paypal Account for Nigerians

To open a normal account in Nigeria that you can only use to purchase product online

  • Go to the PayPal using this link
  • Click on signup…select personal or business
  • Personal will be for your personal debit card and business is for your company debit card (if you have one). I suggest you click personal if this is your first time.
  • After selecting personal, click continue…you should see “Nigeria” in the drop down area, your email address and password.
  • Fill in your email address
  • Type in your password and make sure it is one you can remember
  • Go to the next page and type other details such as names, date of birth, address and phone number.
  • Also when filling in your address, make sure that it matches the same address details you filled when you opened a bank account
  • It takes you to a page where you fill in your debit card details
  • Type in your card number, expiry date and the last three digits behind your debit card.
  • Go to your email account and click on verify your account is set up
  • Test it by sending $10 to anyone or to your PayPal account abroad (if you have one)
  • You get debited in naira and you should get an alert from your local bank

Guideline to Create a Nigerian Business Paypal Account

Use the guide below to create a Nigerian account that accept payment

  • Use this link to visit the paypal platform
  • Enter in your Email address and click “Get Started” button

PayPal Business Loan

As a PayPal account holder you have access loan as it provide small businesses both working capital and traditional term loans to SMBs.

In other to access this, to acquire the loan, create a business account to acquire the loans and meet the requirement.

PayPal’s loan offering is backed by a major financial institution that’s qualified to provide you with the funding you need. visit

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