Hi everyone, here we will discuss the simple steps to create a PayPal account, so that you face no trouble creating and verifying it, and can access it with ease.
Those who are new and unknown to PayPal for them first, let us know what is PayPal actually!
What is PayPal?
PayPal is simply an online secure wallet that takes care of your online earnings and you can even transfer money to anybody else, load money from bank, send money to bank etc and all other facilities available.
PayPal is secure enough. It uses Secure Sockets Layer protocol (SSL), has a 128 bit encryption, So no need to worry regarding that. Its also trusted and is one of the most used online wallet on web nowadays.
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Why we use PayPal?
This is a very important question. Well, PayPal takes care of your bank details and you don’t need to enter your bank details in every online place.
Also not all online places are secure enough. So all you need is a PayPal email and you can use that email to withdraw payments or accept payments from merchants in a secure way.
where they cannot know your bank details. They only knows your PayPal email that’s all.
Nowadays most of the online sites uses PayPal. Its quite popular.
Requirements to register PayPal Acc:
1. PC/Laptop browser is a must. No mobile browsers. Google Chrome is preferable.
2. Email Id
3. Mobile No
4. Bank Account [Must to accept payments]
5. PAN Card for India
6. Debit/Credit Cards for ease of access, so that you can add money from cards.
Steps to Register a PayPal account:
Visit PayPal signup link here: https://www.paypal.com/
Choose your country, and choose account type, business or personal.
Here we recommend you to choose personal and click on get started.
On the next page, enter the needed infos like email address, password, Name, DOB, Address, Mobile No etc. Try to give all details correctly. And choose a
strong password. Remember this is going to become your online wallet.
After filling details, click on Agree and Create account.
Confirm your email verification and login to your account.
Congrats! You registered successfully to a paypal account.
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Verify your PayPal account:
After you login for the first time, you will see a box saying these lines: To receive payments as per Indian regulations, please complete your tasks
Click on Complete your tasks.
1. Provide PAN: Enter your 10 digit Alphanumeric PAN code. It will be verified.
2. Confirm Email: Verify your email by clicking the link you got in email.
3. Add Bank Account: You need to provide your Bank Account Number and the IFSC Code (Indian Financial System Code) of your bank, To get the IFSC codes, look at the cheque books of your bank.
You can ask the bank for the code if you still dont get it.
After you provide your bank details, wait for 2-5 days, paypal will send two small deposits on your bank account just to verify it, you need to enter those amounts by logging back to paypal in the same bank verification area. After its verified, you are almost done.
4. Provide Purpose code: Choose the purpose of your account, its easy and you can choose it.
Congrats your account is verified and can now send/accept payments.
Foe ease of access, you can link your debit card/credit card details from MY ACCOUNT> NOTIFICATIONS (you will see them somewhere in the middle portion of the right side)
Thanks. Thats all. Make a paypal account and stay protected!
Hope the article helped you. Thanks.
