Close paypal account and open new one

A bold move! Closing a PayPal account and opening a new one can be a bit of a process, but I'll guide you through the steps. Please note that you'll need to follow PayPal's terms and conditions and ensure you comply with their policies.

Before you start:

1. Check your account balance: Make sure you have no outstanding transactions, debts, or pending payments. You can check your account balance on the PayPal website or mobile app.
2. Verify your account: Ensure you have a valid email address and phone number associated with your account.
3. Gather necessary information: You'll need your account login credentials, email address, and phone number to create a new account.

Closing your existing PayPal account:

1. Log in to your PayPal account: Go to the PayPal website and sign in to your account.
2. Click on "Settings": Click on the gear icon or "Settings" in the top right corner of the page.
3. Select "Close account": Click on "Close account" at the bottom of the page.
4. Confirm account closure: Review the account closure terms and confirm that you want to close your account.
5. Wait for account closure: PayPal may take a few days to process your account closure request.

Opening a new PayPal account:

1. Go to the PayPal website: Visit the PayPal website and click on "Sign up" in the top right corner.
2. Choose your account type: Select the type of account you want to create (Personal or Business).
3. Enter your email address: Enter a new email address that's not associated with your previous account.
4. Create a password: Create a strong password for your new account.
5. Verify your account: PayPal will send a verification email to your new email address. Click on the verification link to activate your account.
6. Add your phone number: Enter your phone number to receive a verification code.
7. Add your payment method: You can add a payment method, such as a credit card or bank account, to your new account.

Important notes:

• You may not be able to reuse your old account's email address: PayPal may not allow you to create a new account with the same email address as your previous account.
• You may need to re-add your payment methods: If you had payment methods linked to your old account, you'll need to re-add them to your new account.
• Your account history may not be transferred: When you close an account, your transaction history and account balance will not be transferred to a new account.

Remember to carefully review PayPal's terms and conditions before closing your account and opening a new one. If you have any questions or concerns, you can contact PayPal's customer support for assistance.