Top Ways to Reduce Your Paypal Business Account Fee

Introduction

Paypal is one of the most popular online payment methods for both consumers and businesses. It's easy to set up, it's secure, and if you have a Paypal Business account (as opposed to just a personal one), it can help your business save money on some things like credit card fees. But if you aren't careful about how you set up your Paypal account, you could end up paying more than necessary in fees—or even lose access to your account completely. Here are some ways that small business owners can avoid getting hit by unexpected charges from their Paypal accounts:

1. Create a separate email address and use it to sign up for your Paypal Business Account.

  • Create a separate email address and use it to sign up for your Paypal Business Account.

While you can use the same email address as your personal Paypal account, it's recommended that you create a new one just for business purposes. This will help keep things organized, especially if you have multiple businesses or accounts linked under one login (which we'll talk about later).

  • Use a free email service like Gmail or Yahoo! Mail as your secondary email address so that there are no limits on how much space it has in terms of hosting files and attachments sent from merchants through PayPal as well as other companies like Stripe, Square Inc., AuthorizeNet etcetera.

  • , Make sure all passwords are unique across all accounts by using LastPass or another password manager program such as 1Password by AgileBits Inc..

2. Enter and verify your Social Security number to get your monthly fee waived.

  • Enter and verify your Social Security number to get your monthly fee waived.

If you're a business owner, it's important to know that there are ways to reduce the amount of money you pay in fees each month on your Paypal account. The first step is entering and verifying your Social Security number when signing up for an account--this will allow you to earn a $30 monthly fee waiver (which will save up to $360 per year). You can also use a different email address than the one associated with the business when creating an individual account; this way, if someone else opens up another personal Paypal account using the same name as yours but with a different email address, they'll still be able to access both accounts without having access over any sensitive information about either one of them. And finally: if at any point during this process something goes wrong or gets confusing--or even if everything goes smoothly!--there's always customer support available 24/7 via phone or email who can help walk through whatever issue might arise!

3. Use your company name as the primary bank account holder on your credit card(s).

  • Use your company name as the primary bank account holder on your credit card(s).

If you have a business checking or savings account, use it for all of your bill payments. This will help you avoid fees and ensure that all of your transactions are recorded under one entity. You can also use a business credit card to pay bills, but be sure to only make purchases that relate directly with running the business (e.g., advertising on Facebook).

paypal business account fees


4. Sign up for a business credit card that waives fees when used to pay bills, like rent, utilities, or office supplies.

A business credit card that waives fees when used to pay bills is another way to reduce your PayPal Business Account fees.

A business credit card can be a great tool for managing your finances--you can use it to pay for rent, utilities, office supplies and other expenses (travel and entertainment).

5. Tell Paypal about any changes to your business within 30 days of making them so you don't get charged for those changes such as adding staff members or changing bank accounts on file.

Paypal is a great tool for businesses, but it can also be a source of stress if you don't stay on top of your account. Make sure you know what's going on with your Paypal business account by keeping in touch with them every month or so and checking for changes in the way they operate. If there are any problems with your account, take action immediately so that you don't get charged for things like adding staff members or changing bank accounts on file.

Conclusion

In conclusion, we hope that these tips will help you to reduce your Paypal business account fees. If you have any other ideas or suggestions, please share them in the comments below!

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