PayPal does permit changes of name, though the settings menu contains an option to change your name by uploading legal documents to change your profile where you can correct a mistake or change your legal name.
Log in to PayPal, go to Settings > Account > Personal info, select "Name", and request the change. You may need to upload an ID or legal document to confirm it.
Changing your name on PayPal can be done by logging in on the website, heading over to Settings, and clicking Change Name next to your existing name.
You will select the kind of change (minor correction or legal change) and continue with the procedure shown on the screen. Usually, for a legal change, one has to submit an official document such as a photo ID or a marriage certificate.
Log in to PayPal, go to Settings, click Account info, select Name, choose Change Name, upload the required documents, and submit the request for review.
Log in to PayPal, go to Settings, click Name, and select Change. Choose the reason, upload required documents if needed, and submit. Minor corrections are quick; legal changes require verification.