# Set up and maintain your account (/archive/paypal-payments-standard/admin/setup-account)



> **Warning:** This product is [deprecated](/archive/product-lifecycle) and should not be used for new integrations. Use [Payment Links and Buttons](/payment-links-buttons/overview) instead. For information about migrating, visit the [Upgrade Hub](https://developer.paypal.com/upgrade/wps/guide/).

Before you take your first payment on your PayPal account, there are a few things to consider. For example:

* How do you want your name to appear on buyers' credit card statements?

* Will you accept payments from buyers in other countries?

* Do you want to grant account access to other users in your organization?

* Which currencies will you accept?

Use your PayPal account profile to set and edit these options.

Use your PayPal account profile to set and edit these options.

* [Add your credit card statement name](#add-your-credit-card-statement-name)

* [Block certain kinds of payments](#block-certain-kinds-of-payments)

* [Manage users of your PayPal account](#manage-users-of-your-paypal-account)

* [Handle multiple currencies](#handle-multiple-currencies)

## Add your credit card statement name [#add-your-credit-card-statement-name]

When PayPal members pay with credit cards on file with their PayPal accounts, the transaction descriptions appear on their credit card statements in the following format:

```text lineNumbers
PAYPAL*Merchant-Name
```

By default, `Merchant-Name` is:

* For premiere accounts, the mailbox name of the email address that you specified when you signed up your account.

* For business accounts, the business name that you specified when you signed up for your account.

The value you specified is converted to all upper-case letters, spaces are removed, and the result is truncated to eleven characters. The result is stored in your PayPal account profile as your Credit Card Statement Name.

The value you specified is converted to all upper-case letters, spaces are removed, and the result is truncated to eleven characters. The result is stored in your PayPal account profile as your Credit Card Statement Name.

The default value for your credit card statement name may be difficult for payers to understand. To reduce chargebacks and payer confusion, replace the default credit card statement name with one that accurately reflects your business or legal name. Use the Payment Receiving Preferences page to make this change.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected.

3. Click **My selling tools**.

4. Click **Update** next to **Credit card statement name** in the **Selling online** section. The **Payment Receiving Preferences** page opens.

   You have the option to modify the following fields:

   | Setting                             | Action                                                                                                                                                                                                   |
   | ----------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
   | Credit Card Statement Name          | Enter up to 11 characters and spaces. Do not include special characters, such as "&", "#", or "\_". The value is converted to all capital letters and might be truncated by some credit card processors. |
   | Extended Credit Card Statement Name | Enter up to 19 characters and spaces. Do not include special characters, such as "&", "#", or "\_".The value is converted to all capital letters and might be truncated by some credit card processors.  |

5. Scroll to the bottom of the page and click **Save**.

## Block certain kinds of payments [#block-certain-kinds-of-payments]

Use the Payment Receiving Preferences page to block payments from certain payers, currencies, or funding sources. For example, if you want your account to only maintain currency balances for U.S. dollars and Euros, you can block payments that are in other currencies.

Use the Payment Receiving Preferences page to block payments from certain payers, currencies, or funding sources. For example, if you want your account to only maintain currency balances for U.S. dollars and Euros, you can block payments that are in other currencies.

The Payment Receiving Preferences page contains several options that you can set to block payments in certain situations.

* [Block payments from payers without a confirmed address](#block-payments-from-payers-without-a-confirmed-address)

* [Block payments in currencies that you do not hold](#block-payments-in-currencies-that-you-do-not-hold)

* [Block accidental payments](#block-accidental-payments)

* [Block payments from payers with non-U.S. PayPal accounts](#block-payments-from-payers-with-non-us-paypal-accounts)

* [Block payments initiated through the Send Money feature](#block-payments-initiated-through-the-send-money-feature)

* [Block payments funded with echecks](#block-payments-funded-with-echecks)

* [Block payments from student account holders under 18 years old](#block-payments-from-student-account-holders-under-18-years-old)

### Block payments from payers without a confirmed address [#block-payments-from-payers-without-a-confirmed-address]

You can better manage your risk by blocking payments where the payer chooses not to share his Confirmed Address with you. PayPal provides Confirmed Addresses to help you make informed decisions when shipping goods. To be eligible for PayPal's Seller Protection Policy (SPP), and to help reduce your risk of dealing with fraudulent buyers, ship to a buyer's Confirmed Address.

You can better manage your risk by blocking payments where the payer chooses not to share his Confirmed Address with you. PayPal provides Confirmed Addresses to help you make informed decisions when shipping goods. To be eligible for PayPal's Seller Protection Policy (SPP), and to help reduce your risk of dealing with fraudulent buyers, ship to a buyer's Confirmed Address.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. In the setting **For the items not sold on eBay, only allow payments from the users with confirmed address**, select one of the following options:

   * **Yes** – Block all payments from payers without a confirmed address. This option requires that all payers provide a confirmed address.

   * **No** – Accept all payments. To maximize your sales, select this option.

   * **Ask Me** – Choose whether to accept or deny payment without a confirmed address on a transaction-by-transaction basis. This option lets you decide whether to take on the risk of not having the payer's confirmed address for each transaction. If you accept the payment, it becomes a completed transaction. If you deny a particular payment, PayPal notifies the payment sender that their payment was denied and credits the sender with the payment amount. PayPal does not charge fees for denied payments.

5. Scroll to the bottom of the page and click **Save**.

### Block payments in currencies that you do not hold [#block-payments-in-currencies-that-you-do-not-hold]

When you receive a payment in a currency you do not hold, PayPal prompts you to open a balance for that currency, convert it to your primary balance, or deny the payment. Payments in currencies for which you hold a balance are applied to the appropriate balance. You see a summary of each currency balance in your Account Overview page.

When you receive a payment in a currency you do not hold, PayPal prompts you to open a balance for that currency, convert it to your primary balance, or deny the payment. Payments in currencies for which you hold a balance are applied to the appropriate balance. You see a summary of each currency balance in your Account Overview page.[Manage currency balances](#manage-currency-balances).

For more information about currencies associated with your account, see

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down the page to the **Allow payments sent to me in a currency I do not hold** setting and select one of the following options:

   * **Yes** – Accept the payments and convert them to U.S. Dollars. (Additional charges apply.)

   * **No** – Deny all payments not made in U.S. Dollars.

   * **Ask Me** – Decide whether to accept each individual payment.

5. Scroll to the bottom of the page and click **Save**.

### Block accidental payments [#block-accidental-payments]

You can choose whether to accept payments with the same Invoice ID or to block payments when the Invoice ID was already used.

You can choose whether to accept payments with the same Invoice ID or to block payments when the Invoice ID was already used.

When you receive payments from buyers, you can include an optional Invoice ID field to track payments; buyers will not see this ID. A buyer's Invoice ID must be unique for each transaction. If PayPal receives a payment with an Invoice ID that was used for another payment, PayPal will assume this was an accidental payment and will not accept the transaction.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down the page to the **Block accidental payments** setting, and select one of the following options:

   * **Yes, block multiple payments per invoice ID** – Do not accept more than one payment per invoice. This option prevents duplicate payments that you must refund.

   * **No, allow multiple payments per invoice ID** – Do not limit the number of payments received for an invoice. Choosing this option might result in duplicate payments that require a refund.

5. Scroll to the bottom of the page and click **Save**.

### Block payments from payers with non-U.S. PayPal accounts [#block-payments-from-payers-with-non-us-paypal-accounts]

Because many international addresses cannot be confirmed, you may choose to block payments from users with non-U.S. PayPal accounts in order to qualify for the Seller Protection Policy.

> **Note:** **Note:** By choosing this preference, you will deny non-U.S. users the ability to send you payments. This may significantly reduce your sales volume.

To set the options for blocking this type of payment:

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down to the **Block payments from users who** setting.

5. Select **Have non-U.S. PayPal accounts**.

6. Scroll to the bottom of the page and click **Save**.

### Block payments initiated through the Send Money feature [#block-payments-initiated-through-the-send-money-feature]

You can choose whether to receive payments initiated via the Send Money feature on the PayPal website. If you block these payments, you accept only payments initiated from Buy Now, PayPal Shopping Cart, Subscription, and Donate buttons, as well as Winning Buyer Notification, Mass Payments, Money Requests, Smart Logos, or eBay Checkout Payments. As a result, you limit payments you receive to those associated with a specific item or transaction that you defined and selecting this option might help you manage your account.

You can choose whether to receive payments initiated via the Send Money feature on the PayPal website. If you block these payments, you accept only payments initiated from Buy Now, PayPal Shopping Cart, Subscription, and Donate buttons, as well as Winning Buyer Notification, Mass Payments, Money Requests, Smart Logos, or eBay Checkout Payments. As a result, you limit payments you receive to those associated with a specific item or transaction that you defined and selecting this option might help you manage your account.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down to the **Block payments from users who** setting.

5. Select **Initiate payments from the Pay Anyone subtab of the Send Money tab**.

6. Optionally provide a URL in the **Alternate Payment URL** text box to display an alternate payment URL to those users who attempt to pay you using PayPal's Send Money feature.

7. Scroll to the bottom of the page and click **Save**.

### Block payments funded with echecks [#block-payments-funded-with-echecks]

You can receive eCheck payments through PayPal Website Payments or Auction Logos. eCheck payments are listed as Pending and are not credited to your PayPal account for three to four business days.

You can receive eCheck payments through PayPal Website Payments or Auction Logos. eCheck payments are listed as Pending and are not credited to your PayPal account for three to four business days.

You can block payments from PayPal members who pay with eChecks. Because eCheck payments take three to four business days to clear, you might want to block them for your Instant Purchase and Buy Now buttons.

> **Note:** **Note:** You may not block eCheck payments on eBay.

To block payments funded with eChecks:

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down to the **Block the following payments** setting and select the **Pay with eCheck or German bank transfer for all website payments except eBay** option.

5. Scroll to the bottom of the page and click **Save**.

### Block payments from student account holders under 18 years old [#block-payments-from-student-account-holders-under-18-years-old]

You can block payments from PayPal members with student accounts who are under 18 years of age. This feature may be useful if some of the merchandise or products you offer are age sensitive or prohibited for minors under the age of 18.

You can block payments from PayPal members with student accounts who are under 18 years of age. This feature may be useful if some of the merchandise or products you offer are age sensitive or prohibited for minors under the age of 18.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My selling tools**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My selling tools**.

3. Click **Update** next to **Block payments** in the **Getting paid and managing my risk** section.

4. Scroll down to the **Block payments from Student account users under 18 years old** setting, and select the **Yes** option.

5. Scroll to the bottom of the page and click **Save**.

## Manage users of your PayPal account [#manage-users-of-your-paypal-account]

As the holder of a PayPal Business account, you have all available account permissions. One of those permissions allows you to add additional users to your account so other people in your organization can use the account to complete work-related tasks. For example, you can add your accountant as a user, along with the permissions they'll need to manage the funds in your account.

> **Note:** **Note**: You can add up to 200 users to your PayPal account.

The **Manage users** page lets you add and remove users, add and edit permissions granted to users, and change users' passwords. To access the **Manage users** page complete the following steps:

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

3. Click **My settings**.

4. Click **Get started** or **Update** next to **Manage users** to display the **Manage users** page.

Learn more about the ways you can manage users on your PayPal account:

* [Add a user to your account](#add-a-user-to-your-account)

* [Edit permissions for a user](#edit-permissions-for-a-user)

* [Reset the password for a user](#reset-the-password-for-a-user)

* [Remove a user](#remove-a-user)

### Add a user to your account [#add-a-user-to-your-account]

To add a user to your PayPal Business account:

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

3. Click **My settings**.

4. Click **Get started** or **Update** next to **Manage users**.

5. On the **Manage users** page, click **Add User**.

6. Enter the following information in the **Add User** form:

   | Field                      | Description                                                                                                                                                                                   |
   | -------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
   | User ID                    | From 8 to 16 characters. Special characters are not allowed. <br />**Note**: Do not use an email address for the user ID. User IDs cannot include special characters such as the @ character. |
   | Password                   | From 8 to 20 letters, numbers, and special characters. You must include one special character.<br /> **Note**: Letters in the password are case-sensitive.                                    |
   | Confirm password           | The same combination of characters and special characters that you entered for Password.                                                                                                      |
   | User's first and last name | The first and last name of the person to whom you want to give access to your account.                                                                                                        |

7. Click **Continue**.

8. Select permissions for the new user. Learn more about user permissions in the [User permissions](#user-permissions) section.

9. Click **Continue**.

10. Click **Done** if you have no additional users to add. If you have additional users you want to add, click **Add Another User** and repeat the previous steps.

#### User permissions [#user-permissions]

When you add a user to your account, you'll select account permissions to grant them. The permissions you give users defines what they can and can't do when using your account. For example, you might grant your developers the **API activation & authorization** permission so they can help complete your account's implementation, but you wouldn't grant that permission to your bookkeeper.

When you add a user to your account, you'll select account permissions to grant them. The permissions you give users defines what they can and can't do when using your account. For example, you might grant your developers the

### Edit permissions for a user [#edit-permissions-for-a-user]

When a user's responsibilities in your organization change, you can add or remove permissions to reflect the user's adjusted role.

When a user's responsibilities in your organization change, you can add or remove permissions to reflect the user's adjusted role.[User permissions](#user-permissions) section.

Learn more about user permissions in the

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

3. Click **My settings**.

4. Click **Update** next to **Manage users**.

5. Click **View** for the user profile you want to edit.

6. Click **Edit** in the **Permissions** section.

7. Add or remove permissions for the user.

8. Click **Continue**.

9. Click **Done**.

### Reset the password for a user [#reset-the-password-for-a-user]

If users forget their passwords, you can reset them.

If users forget their passwords, you can reset them.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

3. Click **My settings**.

4. Click **Update** next to **Manage users**.

5. Click **View** for the user whose password you want to change.

6. Click **Edit** in the **Personal information** section.

7. Click **Change password** and enter a new password for the user in the following fields:

   | Field            | Description                                                                                                                                                |
   | ---------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------- |
   | New password     | From 8 to 20 letters, numbers, and special characters. You must include one special character.<br /> **Note**: Letters in the password are case-sensitive. |
   | Confirm password | The same combination of characters and special characters that you entered for **New password**.                                                           |

8. Click **Continue**.

9. Click **Done**.

### Remove a user [#remove-a-user]

When people leave your organization or change to roles that do not require account access, you should remove them from your account.

When people leave your organization or change to roles that do not require account access, you should remove them from your account.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

3. Click **My settings**.

4. Click **Update** next to **Manage users**.

5. Click **View** for the user you want to delete.

6. Click **Edit** in the **Personal information** section.

7. Click **Remove this user**.

8. Click **Yes** to confirm that you want to remove the user from your account.

9. Click **Done**.

## Handle multiple currencies [#handle-multiple-currencies]

PayPal helps you handle multiple currencies in the following ways:

* [Manage currency balances](#manage-currency-balances)

* [Accept or deny cross-currency payments](#accept-or-deny-cross-currency-payments)

### Manage currency balances [#manage-currency-balances]

You see a summary of each currency balance in your account Summary or Overview page. Use the My Money section of your account profile to manage your currency balances, including the following:

* [Select your primary currency](#select-your-primary-currency)

* [Add currency balances](#add-currency-balances)

* [Transfer amounts between currency balances](#transfer-amounts-between-currency-balances)

* [Close currency balances](#close-currency-balances)

People can pay you in the following currencies; you maintain PayPal balances only in those currencies that you specify.

| Currency           | Currency Code |
| ------------------ | ------------- |
| Australian Dollar  | `AUD`         |
| British Pounds     | `GBP`         |
| Canadian Dollar    | `CAD`         |
| Czech Koruna       | `CZK`         |
| Danish Krone       | `DKK`         |
| Euro               | `EUR`         |
| Hong Kong Dollar   | `HKD`         |
| Hungarian Forint   | `HUF`         |
| Israeli New Sheqel | `ILS`         |
| Japanese Yen       | `JPY`         |
| Mexican Peso       | `MXN`         |
| New Taiwan Dollar  | `TWD`         |
| New Zealand Dollar | `NZD`         |
| Norwegian Krone    | `NOK`         |
| Philippine Peso    | `PHP`         |
| Polish Zloty       | `PLN`         |
| Russian Ruble      | `RUB`         |
| Singapore Dollar   | `SGD`         |
| Swedish Krona      | `SEK`         |
| Swiss Franc        | `CHF`         |
| Thai Baht          | `THB`         |
| U.S. Dollar        | `USD`         |

#### Select your primary currency [#select-your-primary-currency]

Your primary currency is the default currency for sending and requesting payments. If your account has multiple currency balances, you can change which currency is the primary.

Your primary currency is the default currency for sending and requesting payments. If your account has multiple currency balances, you can change which currency is the primary.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My Money**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My Money**.

3. Mouse over **More** next to **PayPal balance**, then select **Currencies**. The **Manage Currencies** page opens.

4. Click the radio button next to one of the currencies that you already hold a PayPal balance in and click **Make Primary**.
   The **Manage Currencies*&#x2A; page confirms that you changed your primary currency by displaying &#x2A;*(Primary)** after the currency name.

#### Add currency balances [#add-currency-balances]

If you want to accept payments in a particular currency, you must add that currency to your account. When you add the new currency, all future payments that you receive in this currency are automatically credited to this balance.

If you want to accept payments in a particular currency, you must add that currency to your account. When you add the new currency, all future payments that you receive in this currency are automatically credited to this balance.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My Money**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My Money**.

3. Mouse over **More** next to **PayPal balance**, then select **Currencies**. The **Manage Currencies** page opens.

4. Select a currency name from the **Select new currency** dropdown menu and click the **Add Currency** button.
   The **Manage Currencies** page confirms that you added a currency balance and displays it in the **Currency** list.

#### Transfer amounts between currency balances [#transfer-amounts-between-currency-balances]

Use the Manage Currencies page to move amounts from one currency balance to another. Before confirming the transfer, you can see the currency exchange rate that PayPal will use.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My Money**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My Money**.

3. Mouse over **More** next to **PayPal balance**, then select **Currencies**. The **Manage Currencies** page opens.

4. In the Currency Exchange section of the page, enter the amount that you want to transfer in the **From** field, then select the type of currency you want to transfer from in the dropdown list under the **From** heading.

5. Select the currency that you want to transfer the funds to from the **To** dropdown list.

6. Click **Calculate** to see the amount in the new currency that will be transferred and the exchange rate used to calculate that amount.

7. Click **Continue** to see the details of your pending transfer.
   The **Review currency exchange** page opens.

8. Click the **Exchange Currency** button to complete the transfer.
   The **Manage Currencies** page displays the updated balances.

#### Close currency balances [#close-currency-balances]

You can close a currency only if there are no funds in that balance. If you still have available funds in that currency, you must transfer those funds to a different currency before you continue. If you receive any future payments in a closed currency, you will be given an option to accept or deny each payment.

You can close a currency only if there are no funds in that balance. If you still have available funds in that currency, you must transfer those funds to a different currency before you continue. If you receive any future payments in a closed currency, you will be given an option to accept or deny each payment.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click your profile name in the top right corner of your account and then click **Account Settings**.

   Click **My Money**.

   > **Note:** **Note:** If you do not see the profile icon at the top of the page, click **Profile**, which appears in the top menu when the **My Account** tab is selected, and then click **My Money**.

3. Mouse over **More** next to **PayPal balance**, then select **Currencies**. The **Manage Currencies** page opens.

4. Click the radio button next to the currency that you want to close.

   > **Note:** **Note:** If the currency does not have a zero balance, you must transfer all funds to another currency before you can remove it.

5. Click the **Close Currency** button. The **Manage Currencies** page confirms that the currency balance was closed and the closed currency is no longer displayed on the this page.

### Accept or deny cross-currency payments [#accept-or-deny-cross-currency-payments]

You choose which currencies you accept and how you want to accept them.

You choose which currencies you accept and how you want to accept them.

When you receive a payment in a currency for which you hold a balance, the payment is applied to the appropriate balance.[block payments in currencies that you do not hold](#block-payments-in-currencies-that-you-do-not-hold). If you have not blocked such payments, when you receive a payment in a currency for which you do not hold a balance, PayPal prompts you to do one of the following things:

* Accept the payment and open a balance for that currency.

* Accept the payment and convert the payment to your primary balance.

* Deny the payment.

Receiving fees are assessed in the currency in which the funds were sent. Payments converted to your primary currency are converted at a competitive exchange rate.

Receiving fees are assessed in the currency in which the funds were sent. Payments converted to your primary currency are converted at a competitive exchange rate.

1. Log into your PayPal business account on [paypal.com](https://www.paypal.com).

2. Click **Activity** at the top of the page. If you do not see an **Activity** link at the top, go to the **My Account** > **Overview** page.
   Payments made in currencies you do not hold display an **Accept** dropdown menu.

3. Select **Accept** or **Deny** from the dropdown list.
   The **Accept or Deny this Payment** page opens.

4. Click the radio button next to one of the options. Your choices are:

   * Accept the payment and convert it to your primary currency.

   * Accept the payment and create a balance in the other currency.

   * Deny the payment.

5. Click the **Submit** button to apply your choice.
   **OR**
   Click the **Decide Later** button to leave the transaction unchanged.

For more information about currencies associated with your account, see [Manage currency balances](#manage-currency-balances).