1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Is there a way to avoid entering SSN during paypal business account sign up?

Discussion in 'Ebay' started by elocin, Apr 27, 2014.

  1. elocin

    elocin Jr. VIP Jr. VIP Premium Member

    Joined:
    Oct 26, 2010
    Messages:
    284
    Likes Received:
    79
    Is there a way to avoid entering SSN during paypal business account sign up?

    Even though PP ask for business tax id/fein# etc.... They still require a persons name and SSN number. In the states a persons assets are suppose to be protected from business liabilities etc.

    Anyway around having to enter a SSN during the sign up of a business account?
     
  2. jayjaymoney

    jayjaymoney Junior Member

    Joined:
    Jan 6, 2012
    Messages:
    170
    Likes Received:
    78
    Occupation:
    IM
    Location:
    City of Angels ☜(゚ヮ゚☜)
    I'm not sure if I was asked for my SSN when I first signed up for a business account more than a year ago, but they did ask for it (and proof of my business) when I started getting 5k worth of transactions.

    I think if you're signing up as Sole Proprietor or Single-Member LLC, they'll need your SSN. Otherwise FEIN should suffice.
     
    • Thanks Thanks x 1
  3. handsomej

    handsomej Newbie

    Joined:
    Apr 10, 2012
    Messages:
    4
    Likes Received:
    1
    Home Page:
    I signed up for a business account and i didn't have to put in my ssn even though they ask you for it.
     
    • Thanks Thanks x 1
  4. elocin

    elocin Jr. VIP Jr. VIP Premium Member

    Joined:
    Oct 26, 2010
    Messages:
    284
    Likes Received:
    79
    So you ignored that question and your account was still verified?
     
  5. Silas Hart

    Silas Hart Newbie

    Joined:
    Nov 30, 2013
    Messages:
    11
    Likes Received:
    12
    Nope, you need a SSN now. A EIN used to work just fine, but not anymore. Even for my LLC, I had to provide a SSN. PayPal wants to know who to come after when the account become negative.
     
  6. D4RK KNIGHT

    D4RK KNIGHT Regular Member

    Joined:
    May 18, 2012
    Messages:
    420
    Likes Received:
    182
    You need to go with a Paypal personal account or premier account first then switch it to a business account.
     
  7. markmp3z

    markmp3z Registered Member

    Joined:
    Nov 5, 2011
    Messages:
    66
    Likes Received:
    24
    This is what I have done and I have skipped the SSN process.
     
  8. Infestor03

    Infestor03 Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 25, 2014
    Messages:
    126
    Likes Received:
    30
    You're right. Just sign up for personal account first.. then next day or few days click upgrade account.. then upgrade to business. Though you will also be needing ssn if you plan on withdrawing your funds to your bank, cause the initial limit is 500 / month.
     
  9. pcp123

    pcp123 Newbie

    Joined:
    May 30, 2014
    Messages:
    17
    Likes Received:
    0
    Occupation:
    online sales
    Location:
    USA
    I have had a number of paypal accounts in the past 10 years and eventually depending on how much you withdraw the SSN is inevitable, although if you wish to never give it out you can always create new paypal accounts and never pass the threshold.