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How to Set Up a PayPal Account
PayPal is a popular online payment system that lets you shop online without having to re-enter your information for every transaction.
You can easily set up a PayPal account and start using it in a matter of minutes.
PayPal convert other currencies to the rate of the time you get it. It’ll show up as dollars on your statement.
How to Create a paypal Account
Firstly, Visit the PayPal website or open the PayPal app. You can create an account from the PayPal homepage or from the app. You can install the paypal app from your device’s app store.
NB: The account creation process is the same for both the website and the app.
Next, Click “Sign Up for Free” or tap “Sign Up”. This will begin the account creation process.
For business accounts, there are two different options, each of which have different cost structures and benefits. Standard accounts are free, but customers must route through PayPal in order to check out. Also, The Standard free business account is the same as the old PayPal Premier account. This account is best suited for users who do lots of buying and selling on eBay.
Pro accounts cost $30 per month, but you get to full access on customization to suit your need.
Enter your email address and create a password in the email address and password field respectively. Make sure that you create a strong password so that nobody else can access your financial information.
Tip: make sure that you password consist of alphabets, numbers, and symbols for a stronger password. Also Make sure that you enter a valid email address that is also accessible as you’ll need to use it to verify your account later.
Fill out the form with your personal information. You’ll need to enter your Real name and not nickname, your address, and phone number. All of this information is required in order to create your account.
Enter your credit or debit card (this is optional ’cause You can enter this now or later, but you’ll need to at some point if you want to verify your PayPal account).
After entering your personal information, you’ll be prompted to enter your credit or debit card.
Its advised that If you don’t want to enter your card information now, click “I’d rather link my bank first”
Its advised that If you don’t want to enter your card information now, click “I’d rather link my bank first”
Enter your bank account information (optional). You’ll need a bank account linked if you plan on receiving money and want to be able to transfer it to your bank. You don’t have to do this now if you don’t want to. Just click “I’ll link my bank later” to skip it for now. You’ll be prompted to confirm that you want to skip the process.
Apply for PayPal credit (optional). Before you’re taken to your account’s Summary page, PayPal will prompt you to sign up for a line of credit. This is optional, and you should read all of the terms carefully before applying. If you’d rather not apply for credit, click “No thanks”.
NEXT STEP
After creating your accout you will need to verify your account, keep scrolling to read more on how to verify your account.
How to verify Your Paypal Account
Confirm your email addres.You should have received an email when you created your account. Click the “Yes, this is my email” button in the email message to confirm your email address.
Note that In order to receive money at your PayPal account, you’ll need to confirm your email address.
If you can’t find the message, check your Spam folder or “Purchases” label in Gmail. You can have PayPal send another message from your account Summary page. Click “Confirm Email” to send another message.
If you can’t find the message, check your Spam folder or “Purchases” label in Gmail. You can have PayPal send another message from your account Summary page. Click “Confirm Email” to send another message.
After clicking on it you will be taken to your PayPal account page in order to Link your bank account. In order to send money from your bank account or transfer funds you receive to your account, you’ll need to link it with PayPal. Click the “Link a bank” option on your account Summary page to get started. Sending money to friends and family from your linked bank account is cheaper than using your debit or credit card.
If your bank is listed, you’ll be able to enter your online banking login information to automatically link your account.
If your bank is not listed, you’ll need to enter your account number and routing number. You can find these on the bottom of your checks. This will take a day or two to confirm. Note that PayPal will make two small deposits into your account, totaling less than a dollar.
You’ll need to enter these two values in order to confirm that you are the owner of the bank account. You’ll be able to find these deposits on your online statement after 24-48 hours.
Link your debit or credit cards. You can use PayPal to manage your various credit and debit cards, allowing you to checkout from websites without having to enter your information each time. Click the “Link a card” option on your Summary page to add a card to your PayPal wallet. You’ll need to add a prepaid gift card from Visa, MasterCard, American Express, or Discover. And also the card number, expiration date, and security code in their respective fields.
Note:The name on the card must match the legal name you entered when creating your account. Cards are linked instantly.
If you wish to withdraw money from your PayPal account, There is a withdraw button on your PayPal account page. You then need to select the bank account to send it to and the amount you want to send.
All a person needs to send you money on PayPal is the e-mail account you used to open your account. When the person sends you money, you’ll be notified by an e-mail and then you can log into your account and transfer the money to a bank account if you have it connected to your PayPal account.
Please also note that, in paypal account creation, There used to be an option for a PayPal Student account which could be opened with the help of an adult, but this has been stopped This appears to be for legal reasons, since someone under 18 cannot legally enter into a contract. though some banks allow it but it is always under the guardian of an Adult.
Proceed to create your paypal account click here
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