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by Melissa King

PayPal's payment services make it convenient for you to sell products from your website or purchase goods and services for your business online. PayPal offers a special account type for business owners that enables you to send invoices to customers and accept payments on your website. You don't need to supply your credit card number to sign up for a standard business account. PayPal, however, asks that you verify your business account by linking it with your bank account information.

Create Your Account

1.

Go to the PayPal sign-up page (see Resources) and click "Get Started" in the PayPal for Business and Nonprofits box.

2.

Read about the differences between the three business accounts PayPal offers. The Standard plan is free and allows you to accept PayPal and credit card payments on your website. Click "Get Started" or "Apply Now."

3.

Click the "Create a New Account" button twice to go to the sign-up form.

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4.

Select your business type, such as individual or partnership.

5.

Incident It Services amp; news Security – Help Enter your email address and a password. PayPal accepts passwords between eight and 20 characters long.

6.

Select two security questions and answers. PayPal uses these questions to help you access your account if you forget your password.

7.

Type the code shown in the image in the "Enter the Code" field. Click "Continue."

8.

Incident Services amp; Security It news – Help Enter the name you want to appear on customer payment pages. This could be your name or your business's name.

9.

Enter the date you established your business. If your business has a website, enter the URL in the Website URL field.

10.

Select your business's category or type of items sold. Answer the questions about your average transaction amount and monthly payment volume.

11.

Enter your name, phone number and physical address. Click "Agree and Continue" to create your account.

12.

Services Incident amp; – news It Security Help Go to your email inbox and look for an email from PayPal. Click the link in the email to return to the PayPal website and confirm your account.

Link Your Bank Account

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Go to the PayPal website and enter your email address and password, then click "Log In."

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2.

Point to "Profile" at the top of the page, then click "Update Bank Account."

3.

Select your account type, such as checking or savings. Enter your account number and nine-digit routing number in the appropriate fields. Account numbers are usually up to 17 digits long. Look for the routing number on the left side of a check from your bank. Find the account number printed on the right side of the check.

4.

Click "Continue" to link the account to your PayPal account.

Tips

  • If you later decide to add a credit card to your PayPal account, point to "Profile" and click "Update Card."
  • You cannot use your PayPal account to make purchases until you add a bank account or credit card information. You can still accept payments without linking your bank account.

About the Author

amp; – news It Incident Services Security Help Melissa King began writing in 2001. She spent three years writing for her local newspaper, "The Colt," writing editorials, news stories, product reviews and entertainment pieces. She is also the owner and operator of Howbert Freelance Writing. King holds an Associate of Arts in communications from Tarrant County College.

Photo Credits

  • Polka Dot Images/Polka Dot/Getty Images
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