Is paypal only for sole owner?


I was planning to open a Business account with PayPal but its terms mention Sole Owner.

I am the Sole Owner of this Business. Sole Owner: This business is a sole proprietorship and has no other owners or people who share an ownership stake.

We are a private limited company with two owners, Is PayPal not for us?

Best Regards
Sudipta Banerjee

That’s odd, do you have the link to that page?

You should be able to get a paypal account if a company has more than one owner. The best way to make sure is to contact their customer support and ask.

Your company is the sole owner of the business. As an owner of the company you are allowed to open an account on the company’s behalf.

It would be a business run by a partnership where there wouldn’t be a sole owner.