How to switch to PayPal business account
To switch from a personal PayPal account to a business account, log in to your PayPal dashboard, navigate to Settings, and select the option to upgrade your account type. You'll need to provide business information including your registered business name, address, and tax details. PayPal will review your application and typically approve the upgrade within a few business days.
However, Indian exporters often find PayPal's fees and conversion rates less competitive for regular international payments. If you're looking for a more cost-effective solution, consider PayPal business account alternatives like Skydo, an RBI-authorised platform designed specifically for Indian freelancers and exporters. Skydo offers faster transfers, better exchange rates, and transparent pricing compared to traditional payment processors, making it ideal for recurring cross-border transactions.