How to make account on paypal

How to make account on PayPal

Before we get into creating a PayPal account, you have to choose which type of PayPal account you require to make. There are basically two types: personal and business, and they each have some benefits and ideal uses.

If you need to send money to friends or do any online shopping, a personal PayPal account is all you require. This is the simplest type of account to set up, and it’s the right choice for the broad majority of users.

The second type of PayPal account is especially for businesses. Pick this option if you need to sell products online and take debit and credit card payments for a little fee. Business accounts support up to 200 employees to access the account, and they offer some other exclusive bonuses.

How to Create Paypal Account 

Let’s begin with the basics. To create a PayPal account, you need to visit Paypal’s official website and click on the Sign-Up button in the top-right corner of your screen. Now select the account type you need: Personal or Business.

You’ll be required to input a phone number. After that, you’ll need to fill out some basic details which include your name, email address, and password. Click on Continue and then fill out the second form by choosing your nationality and filling in your address, and some other necessary information. PayPal will build your account the second you click Continue, but you’re far away from done quite yet.

To start utilizing PayPal, you require to add your debit, credit card, or bank account details. This will connect your PayPal account to a bank account so you can add or withdraw money. This is optional, but without adding it, your account will be limited.

The last action in this process is to confirm your email address, if you haven’t previously completed it, by hitting the link in the email sent to you from PayPal.

For security reasons, you will be required to confirm your PayPal account before you start managing your money. This is done by connecting a bank account or credit/debit card. To fulfill this, go to PayPal.com and select the Pay & Get Paid tab. Under Wallet, choose Bank & Cards. Choose the bank account or card you want to use.

If you’re using a credit card or debit card, the next move is to check PayPal’s transaction on your credit card statement. It's basically a four-digit code and used to confirm the card. Just go back to the Banks & Cards option, choose the card you want to confirm, enter the four-digit code from your statement, and then click on Confirm. That’s it: you can instantly use PayPal to send and receive money. 

The process to confirm a bank account is the same, with the biggest difference being that PayPal will give two deposits to your bank account with random amounts within $0.01 and $0.99. Once that arrives, you need to enter these two amounts to confirm your bank account, in the same manner, you entered the four-digit code to confirm your card.

Setup Bank Account in Paypal

If you need to add another card or bank account to your PayPal account later, you’ll have to confirm that as well. Another thing to see is that PayPal can demand a form of identification from you at any time. This usually happens once a definite amount of money transfers through your account. It changes depending on the country you live in, but it’s frequently a step to avoid fraud and tax avoidance which is a great idea.

That's all you require to learn about how to set up a PayPal account. As you can understand, the process is free, easy, and doesn’t take a lot of time.