PayPal is the most popular and trustworthy service for online send and receive money worldwide. all of you must have heard about it and many of you may also be using it. Today, when we do anything on Internet, we get the option of PayPal in the Payment Method. Most of the online business people use PayPal to Send or Receive money. Today we will know about this in Detail.
What is PayPal?
PayPal was for easy trading of money on the Internet. PayPal is a company which facilitates online money transactions. Its Headquarter is in California, United States, and it started in 1998. From the past 17 years, PayPal is the most trusted company in the world for online Money Transaction. This company is Worldwide Active. PayPal is also available in India, due to the recent RBI guidelines, there are some restrictions on PayPal in India but you can easily do Payment Send and Receive.
If you are selling your products by creating an online website, then you can use PayPal to get paid. Almost all online sellers are using it.
How to Create an Account on PayPal ?
Anyone can use PayPal and it’s totally free. If you pay by PayPal, then you do not have to pay any extra charges. You can send Money to your Relatives and Receive in Free. If you are Selling Your Products Online and using PayPal to Receive Payments, then you have to pay Extra Charges, as do other Payment Gateway. So let’s create Free Account on PayPal.
Step 1: First, go to PayPal.com and click on Sign-up. Here you will find 3 options.
- For Shoppers: Normal User Like You and Us can use this option who want to sell something online. You can send money to your Relatives, Can Make Online Shopping.
- For Business: Use This Account to Do Online Business, To Sell Your Products
- For Freelancers: Freelancing users can choose this account option who offer online service and money
Step 2: Select for Shoppers here and click on Continue.
If you want to send or receive money, then select For Business. You have to do KYC of the account. Generally, you can change for later if you need to select For Shoppers.
Step 3: Now in the sign-up form
Choose your country, enter your email ID and enter Strong Password. Email ID will be your login ID Click on Continue.
Step 4: Now you have to fill your information in Details in Next Sign up Form. In this you –
- Enter the same name as the name in your Bank Passbook in Name.
- Enter your Birth Date.
- Select your Nationality and Country.
- Enter your address
- Enter your Mobile Number
- Now click on “Agree and Create Account” by tick on “I Agree” and click Create Account.
Step 5: In the next screen, you will be asked to add Credit / Debit Card, here you can add your Card Details to PayPal, or later “I’ll link my card later” You can click on and click Skip.
Congratulations your PayPal Account has been created. Now open your PayPal email message by opening your email ID, click on Confirm Link, enter Password on PayPal.com and login.
To make full use of PayPal, you have to complete all the tasks that include Task like Email Verify, Mobile Number Verify, Add Credit Card, Add Bank Account, Add Pan Card. After ADD all these things you can send Money on PayPal, Receive, Buy Online.