I want to downgrade from business account. I really don't have a business and it's useless to have such an account. How would I go about. Also, if you have an email address on your account that you haven't confirmed, remove it from your account before you close it. To close your account: Click the. Here are the steps I went through to close my PayPal account on their full Removing these from your account first greatly simplifies the. My business account name keeps showing up when I buy online personal items, and I have let eurogrand casino of that business. I removed my bank accounts through the mobile website first before moving to my Mac to finish out the cancellation. How to delete your PayPal account. Reader Success Stories Share yours! Once closed, a PayPal account can't be reopened. PayPal has many benefits, but the high transaction fees for receiving funds on a business account can cut into your profits. Cancel a PayPal Subscription Cancel a Recurring Payment in PayPal.