If you’re thinking of deleting your PayPal business account, there are a few things to keep in mind. First, make sure you have all the information you need to finish the process. Second, be aware of the time commitment involved. Finally, be sure to review our tips for deleting your PayPal business account safely and efficiently. To delete your PayPal business account:

  1. Log in to your PayPal account and click on “My Account.”
  2. On the left-hand side of the screen, under “Account Settings,” click on “Business Accounts.”
  3. On the next page, under “Business Accounts,” click on “Delete Account.” If you have any pending payments or invoices associated with your business account, they will be transferred to your personal PayPal account before it is deleted. You will also be notified via email about this process.
  4. Click on “Yes” when prompted to confirm that you want to delete your business account. Your business account will be permanently deleted within 24 hours after clicking on “Yes.” ..

Click the Profile and Settings button. Click Account Settings on the drop-down menu. Below the Account Types heading, you will see a Close Account button. To cancel your PayPal account, click this button.

Open the Account Preferences drop-down menu on the left column. Select Close Account next to the Account type information. If necessary, provide your bank account information. Click Close account to finish closing your account.

Because you have a restricted account, you may not close it; and I am under the age of 18 and do not have the paperwork to obtain an unrestricted one.

Yes, you can have multiple PayPal accounts. You may have one Personal and one Business account, but each must have a separate email address and financial information.

Go to the PayPal website (see Resources) and log in to your PayPal account. You should see a line indicating that you are welcomed by name. Immediately below your name, you’ll see another line stating your account type. If you have a personal account, the word “Upgrade” should appear immediately following your account type.