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-   -   Paypal Business account with EIN only! (https://www.aspkin.com/forums/paypal-talk/120196-paypal-business-account-ein-only.html)

Fuhrer84 09-17-2018 08:40 AM

Paypal Business account with EIN only!
 
one year ago on aug 2017 i've found a paypal link that gives you two option to create a business account 1 with payment pro need SSN and the other one without payment gate with EIN only and i've created one with my LLC EIN so now i need to create another stealth business accounts but i can't find this link anymore! i just found all of types require SSN and i've called paypal to ask for that and they told me SSN is required but i still believe i can find it again so anyone could help in this situation? i know most of you can't believe i've done that before.

phaz0rz 09-17-2018 08:43 AM

Re: Paypal Business account with EIN only!
 
I have 3 business accounts with EIN only, so I believe you. When you go from personal to business account the recommended procedure in years past has been to put the EIN for EIN and EIN for SSN when you upgrade. I'm not sure if that method still works but it's how I upgraded all my accounts. Have you tried that?

If that doesn't work, you could try starting a personal account and then later upgrading to business and use the method I just mentioned.

SaiJin 09-17-2018 10:30 AM

Re: Paypal Business account with EIN only!
 
I made 2 new ones last week and that is working fine still.

And of course if you call paypal, they are going to tell you what their books says.
They are not going to tell you: "Oh, we do ask for bananas, but there's this loophole where you can give us monkeys plantains instead and we'll be happy". =P

phaz0rz 09-17-2018 10:31 AM

Re: Paypal Business account with EIN only!
 
^^Hilarious analogy :lol:

Fuhrer84 09-17-2018 03:45 PM

Re: Paypal Business account with EIN only!
 
Quote:

Originally Posted by phaz0rz (Post 944290)
I have 3 business accounts with EIN only, so I believe you. When you go from personal to business account the recommended procedure in years past has been to put the EIN for EIN and EIN for SSN when you upgrade. I'm not sure if that method still works but it's how I upgraded all my accounts. Have you tried that?

If that doesn't work, you could try starting a personal account and then later upgrading to business and use the method I just mentioned.

i have two accounts purchased from here and when i upgarded them asked me for SSN also till now so i think it's not going to work with me :mad:

Fuhrer84 09-17-2018 03:47 PM

Re: Paypal Business account with EIN only!
 
Quote:

Originally Posted by SaiJin (Post 944318)
I made 2 new ones last week and that is working fine still.

And of course if you call paypal, they are going to tell you what their books says.
They are not going to tell you: "Oh, we do ask for bananas, but there's this loophole where you can give us monkeys plantains instead and we'll be happy". =P

are they US accounts? if yes could you tell me how you skip the SSN request? or do you have a link?

phaz0rz 09-17-2018 03:54 PM

Re: Paypal Business account with EIN only!
 
Put your EIN.

SaiJin 09-17-2018 03:56 PM

Re: Paypal Business account with EIN only!
 
Like he said, put your EIN in .

Fuhrer84 09-17-2018 07:53 PM

Re: Paypal Business account with EIN only!
 
any idea when they're verified the provided SSN?

phaz0rz 09-18-2018 06:18 AM

Re: Paypal Business account with EIN only!
 
Tax time.

If a 1099 is sent to the IRS with an invalid SSN, the 1099 is rejected and your account runs into trouble.

Fuhrer84 09-18-2018 07:28 AM

Re: Paypal Business account with EIN only!
 
Quote:

Originally Posted by phaz0rz (Post 944529)
Tax time.

If a 1099 is sent to the IRS with an invalid SSN, the 1099 is rejected and your account runs into trouble.

So it's same like EIN need to hit 200/20k first

phaz0rz 09-18-2018 07:53 AM

Re: Paypal Business account with EIN only!
 
That's correct.


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