logo

Can you close your PayPal account and open a new one

Yes, you can close your PayPal account and open a new one, though PayPal requires that you first resolve any outstanding balances, disputes, or limitations on your existing account. After closure, you can register a new account using the same email address, but you may need to wait a short period and ensure all previous issues are settled to avoid complications.

However, if you're considering this switch due to high fees or slow transfers, especially for receiving international payments in India, it may be worth exploring dedicated platforms instead. Wise vs PayPal for international payments shows how alternatives compare, and Skydo, an RBI-authorised platform built specifically for Indian exporters and freelancers, offers faster settlements and more competitive pricing than traditional options like PayPal, making it a stronger choice for cross-border receivables.

Losing too much to forex fees?Accept global payments with zero forex markup from 150+ countries.
From $19/Per Transaction
Skydo ROI CalculatorSee how much you can save on each transaction with Skydo
Free Calculator