What is Account type in Google Adsense?

What is Account type in Google Adsense?
What is Account type in Google Adsense?
Account type in Google Adsense:

Did you know? AdSense offers two types of accounts, one is Business account and second is Individual account. However there is no variation in the services or payment structure among Business and Individual accounts. The only difference is, Individual account payments will be made payable to the Payee Name of the account holder, while Business accounts payments are paid out to the Name of  Company Name.

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