Learn how to create paypal account and verify it. If you start working online you need to pay or receive online payments. You usually use credit or debit card for online payments. verify paypal account is most important. But for receiving a payment you need a platform that receive payments from clients and transfer it to your local bank accounts. Because it isn’t safe to give your Bank account details to everyone. Let’s Learn How to Create PayPal Account and setup completely…
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What Is Paypal?
PayPal is like an online bank & if you have a PayPal account, you can send or receive money instantly all over the world.If you are earning money online, then most of the companies prefer to send your earnings in your PayPal. PayPal is common service now a days.
And if you have an online business & you want to sell your products online, then you can easily receive payment from your customers who want to pay by credit card or their PayPal account.You need to add a bank account in PayPal to verify your account. if you receive payment from anyone then within 5-7 days your money will be transferred to your bank account.
If you don’t have a bank account. still you can open a PayPal account but your PayPal account will be treated as unverified PayPal account until you don’t add bank details on it. Unverified bank account have certain limitation in sending and receiving money.
NOTE: To open PayPal account you must need a PAN Card and a working email Id. Your Pan Card name must be same as your PayPal account name.
Benefits Of Having PayPal account:
- You are able to make online payments without exposing your Debit card details.
- If you don’t have credit card then you can pay using debit card.
- receive payment from overseas accounts.
- You can send mass payments using PayPal.
- create and send invoices directly to your client.
Steps To Create PayPal account:
Firstly, go to paypal homepage and Click on signup button to create a paypal account.
On next page,you have to chose whether you create “Personal and business account”. for bloggers i advise you to create personal account. If further you want a business account the you can upgrade it to business account.
On next page , you need to sign up by filling details. you can enter or skip filling details of credit/debit card details. I remind you that If you open a PayPal account in India, Its a limited account.you can send payment to anyone but to receive payment you need 4 things.
- Add your PAN card.
- Confirm your Email.
- Add bank account and verify it to receive payments.
- Purpose code – for bloggers i advice you to add “Advertising and market research” as purpose code.
Here is the link to the page which you can access to see if any verification is pending for your PayPal account.
I hope this Post helped you to know everything about creating and verifying your PayPal account. If you have any query let me know, i will try to solve your issue.
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Author: piyush kumar
I am Piyush kumar, a professional-blogger from India.I started techwiki, as a passion and now it’s Guiding you and helping you to make money with their blog.
Here at Techwiki, I write about creating & managing a blog, WordPress, Social-media, SEO and Making Money online.
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