What are the disadvantages of PayPal Business account?
Cons of using PayPal for small business.
High chargeback fees..
Higher fees than a typical merchant (credit card processing) account..
Account suspension for terms and conditions (T&C) violations that can freeze your funds for months..
May take 2 business days to get your money..
Customer service can be hard to reach..
What happens if I change my PayPal to a business account?
Your business can accept payments for goods and services through PayPal. Using a PayPal business account, you can accept online payment via PayPal, as well as in your store or business office, through a mobile card reader, and by phone. Many people, especially those shopping online, prefer to pay using PayPal.
Can I use a personal PayPal account for business?
PayPal personal is mostly used to make quick and easy payments to friends and family., But it's possible to sell goods and services from this type of account as well. A personal PayPal account can easily accept payments from potential buyers if you occasionally need to sell goods.