1. How to set up a business account?
To change your account type from individual to business:
A. Go to My eBay and click the Account tab.
B. Click Personal information on the left side of the page.
C. Click Edit next to Account type.
D. On the Change Account Type page, select the Business Account option, and click Confirm to change your account type.
2. Is business account different from merchant account?
A business bank account is used to handle expenses related to establishing and maintaining a business — rent and utilities, for example. On the other hand, a merchant account is a bank account that is set up with a merchant services provider to deal with only one thing: credit card processing.