How to set up a PayPal Account has been explained in this article, with important information on how you can link your bank and your card to your PayPal Account.
PayPal is a payment system that has been around since 1998 that makes it easy to send and receive money to people worldwide for a small fee or for free when the money is coming from or from a friend or family member in the United States.
The service did the shopping and selling online safe and easy and is tightly integrated with eBay and other e-commerce companies.
If you don’t already have a PayPal account but want to create one, it’s free and only takes a few minutes. Once set up, you can add banking information to make sending and receiving money easier than ever. You can find out how to set up a PayPal Account in this article.
Before seeing how to set up a PayPal account, you need to decide what type of PayPal account you want to create. There are two types: personal and commercial, and each has specific benefits and ideal uses.
If you want to send money to friends or shop online, all you need is a personal PayPal account. This is the easiest type of account to create, and for the vast majority of users, it’s the one you want to choose.
The other type of PayPal account is specifically for businesses. Choose this option if you sell products online and accept credit and debit card payments for a small fee. A business account also allows up to 200 employees to access the account and offers other special advantages.
In this guide, we will focus on creating a personal PayPal account. However, the process is very similar for both account types. Below is how to set up a PayPal Account.
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How to set up a PayPal account
Let’s start with the basics. To create a PayPal account, visit the PayPal website and click the Register button in the screen’s top right corner. The next step is to select the type of account you want: personal or business.
The next step is to fill out the form that appears with your name, email address and password. You also need to choose the country you live in. Click Next and fill out the second form by selecting your nationality and entering your address, phone number and other required information. Once you click Next, your account will be created. But you are far from finished.
To use PayPal, you need to add your debit or credit card. This will link your PayPal account to a bank account so that you can deposit or withdraw funds from PayPal. To do this, click the blue Start button and fill out the form that appears. This is technically optional, but without it, your PayPal account will be severely restricted.
The final step in this process is to verify your email address, if you haven’t already, by clicking the link in the email, PayPal sent you.
How to set up a PayPal account: steps for your reference.
- Visit the PayPal website and click the Register button in the top right corner.
- Choose the type of account you want (personal or business) and click Next.
- Add your name, email address and password, then click Next.
- Add your address and any other required information, then click Next.
- Optional: Click the blue Get Started button, add your credit card information, and then click Add Card.
- Please check your email address by clicking the link in the email PayPal sent you.
How to set up a PayPal account and add a bank account or credit card
To use PayPal’s ability to send and receive money, you must have a bank account and credit card associated with your account. To do this, log into your account and follow these instructions.
1. On the summary screen, click the “Wallet” option in the menu bar at the screen’s top.
2. Click Link Credit or Debit Card in the menu on the left side of the screen if you want to use this with your account. Alternatively, if you would like to link your bank account, click on the option “Link Bank Account.” Keep in mind that it may be worth doing both to create a replacement funding source in the future.
3. Enter the card or banking information you wish to associate with your PayPal account and click “Link Card” for debit cards or “Link Bank Account” if you are using this option.
You can now send or receive payments from your linked card. Jennifer Still / Business Insider
Please note that when adding a bank account, the process takes 2-3 days as PayPal will deposit small amounts into your account that you will need to enter through the PayPal website to confirm that you are the account holder.