PayPal's fee-free Friends & Family payments for business accounts are coming to an end

PayPal’s fee-free Friends & Family payments for business accounts are coming to an end

Because of this new change, US business accounts will no longer be able to accept fee-free personal payments, and people who use PayPal for their business will need to register a personal account in order to receive money fee-free from friends and family.

PayPal did not respond immediately to questions about whether it changed the rules to crack down on miscategorized purchases, but stated in the announcement that the change will “drive consistency on [the] platform” and “[remove] confusion around which payments are eligible for buyer and seller protections.”