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-   -   Changing Paypal to Business Account (https://www.aspkin.com/forums/paypal-talk/92685-changing-paypal-business-account.html)

andreydsk 01-07-2016 12:32 AM

Changing Paypal to Business Account
 
I trying to upgrade my stealth paypal account to business account.
The problem is paypal asking me to add the SSN ( what I no have)
How to deal with that?
Any suggestion?

brandnewboss 01-07-2016 12:39 AM

Re: Changing Paypal to Business Account
 
Why you need a business account? You can use regular one with a business name just the same.

andreydsk 01-07-2016 01:02 AM

Re: Changing Paypal to Business Account
 
How to do that my account is on xxxxx name how can I change name to business name
Quote:

Originally Posted by brandnewboss (Post 734912)
Why you need a business account? You can use regular one with a business name just the same.


brandnewboss 01-07-2016 01:16 AM

Re: Changing Paypal to Business Account
 
You just replace your stealth name with your business name in the shipping address section, if you only have a 1 word business name just put inc. or llc as your last name or just make up any business name with 2 words to use as first and last name but keep your original stealth name in the billing address the same.

andreydsk 01-07-2016 01:32 AM

Re: Changing Paypal to Business Account
 
My account on stealth name , I bought it from real person with SSN and everything.
During that days I try to change the paypal account to business , once I do that the system still ask me to add SSN.
How to deal with that issue?
If there have SSN and I have already add the EIN , it will be problem with IRS?

Quote:

Originally Posted by brandnewboss (Post 734917)
You just replace your stealth name with your business name in the shipping address section, if you only have a 1 word business name just put inc. or llc as your last name or just make up any business name with 2 words to use as first and last name but keep your original stealth name in the billing address the same.


dustin2br 01-08-2016 02:51 PM

Re: Changing Paypal to Business Account
 
I recommend converting to business RIGHT when it asks for EIN/SSN email, or doing it right before the threshold hits. Otherwise, it will ask you for FULL SSN or open a new business paypal. Some accounts i have converted after the fact, which just forces me to add a new bank and card etc., but it lets you instantly withdraw the first $3k or so, then after its a 21 day hold

If you upgrade before it limits you, then you add the last 4 of your SSN and just convert to business. 21 day hold is still in tact, but funds are released 3 days after confirmed delivery.

dustin2br 01-08-2016 02:52 PM

Re: Changing Paypal to Business Account
 
By the way, I just add a random 4 # for SSN and haven't had a problem really yet.

yankee 01-08-2016 02:58 PM

Re: Changing Paypal to Business Account
 
Use the last 4 of the EIN number instead of the last of the SS.

shani1212 01-08-2016 06:28 PM

Re: Changing Paypal to Business Account
 
Adding only the last four digit of EIN/SS # can verify your paypal acc. ? If the account is stealth, it will not match w/ your SS number, right ? Sorry little confused here. Recently bought an account here still have not add bank account yet. Can anyone advise me how to go about it? Your input will be highly appreciated. Thanks


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