Read on Twitter
SETTING UP A PAYPAL BUSINESS ACCOUNT: A THREAD
(bc i was asked to make dis)
If you want to get started using ko-fi or taking commissions, you could benefit from a PayPal business account.
A business account allows you to hide behind a business name (ie, Selbe's comms).
(bc i was asked to make dis)
If you want to get started using ko-fi or taking commissions, you could benefit from a PayPal business account.
A business account allows you to hide behind a business name (ie, Selbe's comms).
If you use a personal account, the name you have associated with that account will show up on your invoices. This includes on ko-fi.
Ko-fi purchases go directly through PayPal. For every donation you get, a receipt is sent to both parties on PayPal.
Ko-fi purchases go directly through PayPal. For every donation you get, a receipt is sent to both parties on PayPal.
These receipts state the names of each PayPal account involved in the transaction, whether they are personal names or business names.
For this reason, it is best to use a business account to maintain privacy. I recommend creating a separate email for this business account.
For this reason, it is best to use a business account to maintain privacy. I recommend creating a separate email for this business account.
This email can also be used to correspond with people who've commissioned you or to even create an Amazon wishlist with your alias name.
When you go to register for a PayPal account, use that email. It will then let you designate what kind of account you want it to be.
When you go to register for a PayPal account, use that email. It will then let you designate what kind of account you want it to be.
Select business.
Then it will ask you several different questions about your business. Information you input aside from the name of the business, such as your own name or address, will remain private.
You can link your bank account or a debit card to deposit money.
Then it will ask you several different questions about your business. Information you input aside from the name of the business, such as your own name or address, will remain private.
You can link your bank account or a debit card to deposit money.
Similarly, you can let money store up in your business PayPal account. I have my debit card linked so I can make instant transfers.
When you first make an account, sometimes PayPal will put a 'hold' on different funds you receive because your account is new.
When you first make an account, sometimes PayPal will put a 'hold' on different funds you receive because your account is new.
This is temporary and they are released after 21 days.
This thread is how I've gone about creating/using my business PayPal.
This video provides more in-depth information on the process for reference:
This thread is how I've gone about creating/using my business PayPal.
This video provides more in-depth information on the process for reference:
