PayPal has been an all-time favorite for doing online transactions within or outside the country boundaries. This online payment platform has been used by 286 million people already and by the time this article reaches you, a few more people must have used it to collect or send money.
While PayPal is making online transactions a piece of cake, it has a bad reputation in quick account suspension. Its terms and conditions are so stringent that one can violate them without even knowing. That’s the reason why many people ask: Can you have two PayPal accounts?
There is one more issue that makes PayPal a headache. It’s not easy to maintain multiple accounts from the same device. Well, this is the puzzle that you wanted to solve for a long, gauge what’s going to state next in this post. It will teach you the art and science of managing multiple PayPal business accounts in the least possible hassle. So, let’s get started.
What Are Multiple PayPal Accounts And Why One Needs Them?
To begin with, PayPal allows one user to have a maximum of two accounts. One is for personal use while the other one is for business use. End-users are allowed to add as many email addresses for accepting/sending payment.
For having more than one personal PayPal account, it’s essential to have multiple personal details, contact details, and IP addresses to make this work. Such accounts are commonly known as stealth accounts. These various accounts are the multiple PayPal account.
Mostly, people own multiple PayPal business accounts for seamless functioning as they can connect these multiple accounts with various e-commerce platforms.
Also, having multiple PayPal business accounts allows a business owner to have continual payment even if there are few glitches in one account.
Can I have more than one PayPal account?
Yes, you can. But, this is not going to happen with regular accounts. Only PayPal stealth accounts can be used to merge multiple PayPal accounts. This simply means that one has to have unique credentials for creating each multiple PayPal account. However, if you don’t know how can you have more than one PayPal accounts, read ahead.
How to set up multiple PayPal accounts?
As quoted above, PayPal has very strict account monitoring policies and takes not a single second to suspend an account if anything suspicious is spotted. So, if you want to create multiple PayPal business accounts or merge multiple PayPal account then you need to be extra careful and perform the task with full perfection.
Steps to set up multiple PayPal accounts easily:
Step 1: Create multiple unique personal information
The very first step to creating multiple PayPal accounts is to have multiple unique personal information entries. There are a few useful tools like FakeNameGenerator that will help you create fake profiles. Using this tool, you can create multiple personal details, email addresses, and phone numbers.
Step 2: Get the different IP addresses
To own multiple PayPal accounts, the IP addresses should be unique and separated. For the same IP addresses, generating PayPal accounts is not possible. To have different IP addresses, using proxy servers or VPNs is a great way out.
Step 3: Get a multiple-profile browser
Obtaining a browser that supports different profiles is the next step. Multiple profile browser software like Gologin, Multilogin, and Kameleo. Using this software, creating as many browser profiles is possible.
Step 4: Create an account
Using the different contact details, email addresses, and IP address, create different multiple PayPal account. Don’t forget to change the IP address and browser while entering the new set of contact details.
Advantages of having multiple PayPal accounts
With multiple PayPal account, businesses or personals are going to have:
- Quick payment receiving process: When you have two or multiple payment accounts, it’s easier to receive payments quickly & easily.
- Ready recovery: In case of technical issues with one business account, the other one can remain fully functional. This decreases the odds of technical failure
- Streamlined payment receiving process: When more than one accounts are operational, businesses allow their end-users to pay without any hassles. In fact, these multiple accounts can be used for multiple e-commerce stores. It increases the cash flow of an organization and reduces the occurrence of pending payments.
Disadvantages of multiple PayPal accounts
While having multiple PayPal business account is bliss, it has few drawbacks as well.
- Difficult setup: Setting up multiple PayPal accounts is not as easy as it sounds. One has to access a different kind of credential, IP address, and browser profile to make this happen. Some sort of technical expertise is required to accomplish the job with the least possible hassles.
- Monitor each of them is time consuming: Another major issue that bothers the owners of multiple PayPal accounts is to keep an eye on all of them. Multiple PayPal account monitoring is a tough job to accomplish. One human brain and a set of two eyes are not enough to keep tabs on all of them. When left unmonitored, these multiple PayPal accounts can create end-up hassles as violating PayPal terms, missing payments, pending transfer, and the like.
- Remembering multiple credentials: Managing two PayPal accounts with different credentials is a trouble in itself. Now imagine remembering multiple such credentials.
But don’t worry. We’ve got a solution that can tackle all the above issues.
How to monitor Multiple PayPal accounts in a single place?
As quoted above, managing and monitoring multiple PayPal accounts can give sweaty palms to many and is not an easy job to done. Gladly, tools like Putler are making this task effortless. Designed with high-end AI & technology, Putler is a highly competitive multi-channel analytics tool offering help to businesses of all kinds to monitor all the PayPal accounts from a centralized place.
Advantages of using Putler for your multiple PayPal accounts
All your PayPal accounts in one place
The Putler PayPal Integration brings everything crucial to a single place and allows end-user to have a consolidated view of all the PayPal accounts. This prevents users from multi-hop from one dashboard to another.
You can connect unlimited PayPal accounts to Putler and Putler will automatically pull in data from each and provide you combined reports in a single place. If you don’t want to have a combined overview? Putler will help you have a separate overview of different PayPal accounts and switch between them as per the need of the hour. Such kind of monitoring is quick, easy, and allows one to have a detailed overview of the account performance.
Benefit: You save tons of time as all your PayPal accounts are under one roof. Also, you have the ability to view both combined or independent reports without the hassels of remembering multiple login credentials.
Refund, manage subscriptions, check balance directly from Putler
Putler is secure and it can help you do tasks like processing refunds, managing subscriptions and check balances within all your PayPal accounts right within Putler itself.
Benefit: You no longer need to log in to each PayPal account to perform these tasks. Also, you need not provide your PayPal credentials to your support team for carrying out these tasks.
Quick search
Putler’s search claims to be 12 times faster than PayPal. It also has the autocomplete feature which helps you make searching quicker and more intuitive.
Benefit: Search for anything and get the exact results. You no longer need to restrict your search to certain parameters like transaction id, customer email. Pulter searches the entire database for your search term and provides you accurate results within seconds.
In-depth analytics and insights
PayPal’s reports are good but not in-depth. Putler provides you in-depth reports on all aspects of your business – products, customers, orders, sales, transactions a.k.a everything. Not just reports, Putler also provides you insights from this data which help you take more data-driven decisions with confidence.
Benefit: Get actionable insights from your PayPal data. Use these insights to take profitable decisions and increase sales.
Product and Customer insights
Unlike PayPal, Putler provides you insights on products and customers as well. It also helps you segment your customers based on shopping behavior and various other parameters.
Benefit: PayPal concentrates mostly on sales, transactions. Putler takes it a notch higher and provides you reports, insights on Products and Customers as well.
Handles multiple timezones, currencies
Putler provides automatic conversion of currencies and timezones. So, no matter from which part of the world your client is making payments, Putler will bring a balance between you and him/her and make the transaction a bit smoother.
Benefit: More accurate reports. No more manual calculations needed.
Conclusion
PayPal is one of the many online payment platforms that are here to streamline the payment receiving/sending process. Having multiple PayPal business accounts makes the process a bit more streamlined. It gives additional support and reduces the odds of the collapse of the entire payment system as there is one more account that is functional.
But not to forget, keeping tabs on all these accounts is not an easy task as tons of complexities are involved. Using Putler – one of the best multi-channel eCommerce analytics tools – can make things better than ever as it brings everything under one roof. Try it once as there is a 14-days free trial and experience its power. We know that you won’t be disappointed.