Thursday, November 7, 2019

What is Paypal? Explained

What is Paypal? 
A Payment App called PayPal was launched to transact money online easy. PayPal is an online company that facilitates transactions of money. Its headquartered is in California, United States and began in 1998. During the past 17 years, PayPal is the most reliable company to carry out transactions online money worldwide. This company is active worldwide. PayPal is also available in India, however, due to RBI guidelines are no restrictions on PayPal in India, but you can send and receive payments easily.


If you are selling your products by creating a website online, then you can use PayPal to get paid. Almost all online marketers are using.

How to create a PayPal account Easily?

Anyone can use PayPal and is absolutely free. If you pay with PayPal, the n you do not have to pay any extra charge, it pays equal to Net Banking, debit card, you can do with PayPal. You can send money to their families and receive free. If you are selling your products online and use PayPal to receive payments, then you have to pay extra fees, like other payment gateways do. So let's create a free account at PayPal.

Step 1: First go to PayPal.com and click register. Option 3 are displayed here.
Select the type of account paypal
For buyers: Regular users we like and who use it. We can send money through this account. You can send money to relatives. You can shop online.
For Business: Use business people this account online to sell their products.
For freelancers: Freelancing this account it is done by those offering online services and money

Step 2: Select for buyers from here and click Continue.
To send or receive money, choose to do business. For this, you have to do KYC account. In general, you can select for buyers and change it later if necessary.

Step 3: Now in the registration form, PayPal registration form filling
Choose your country, enter your email ID and enter a secure password. ID email is your username. - Click Continue.

Step 4: Now you have to fill up your information on the details in the registration form below. In this you -

  • Enter the same name as the name on your documents.
  • Enter your date of birth.
  • Select your nationality and country.
  • Please enter your
  • Enter your phone number
  • Now create an account by clicking "Agree and Create Account" marking Agree.


Step 5: The next screen will ask about adding credit card / debit card, here you can add your card and add it to PayPal or later to do this job, "I will link my card after" You can jump by clicking

Congratulations! have become your PayPal account. Now open your email ID, open the email from PayPal, click Confirm and Link access to Paypal.com entering the password.
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