PayPal is a medium of transaction. It is one of the most popular and famous medium where we can send received Money from any place in this world. Like we use paytm, phonepe and many more online medium same PayPal is alos one of them. If you don’t know how to use, how to send and receive money from Paypal then read this article carefully. Many people have problem that how to create account on Paypal, how to use PayPal account, how to our bank account in PayPal, how to verified bank account in PayPal etc.
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What Is PayPal ?
PayPal is an international payment method. We use many transaction medium like phonepe, Paytm and many more. But these all are work inside the country only but PayPal works internationally. If you work online you should have to use PayPal because it’s very easy to use and it’s used internationally. Worldwide people are using PayPal for send or receive money. If you don’t what is the use of PayPal in our life then you should have to read this article seriously.
We can add our bank account in PayPal also where we can send or receive money from any country. PayPal is famous for transaction every country use PayPal to receive and send payment. If you are a young then you also have to know about PayPal that how to create paypal account ? How to make PayPal account and what’s the benefits of paypal and if you also want to know the whole things about PayPal then read this article carefully.
How Does Paypal Work?
First of all, you should have to create account on Paypal. Many people have doubt that how actually PayPal works PayPal used internationally and it is mainly used for sending and receiving money from any country in this world. If someone send you money from outside the country you can easily received that money through Paypal. you can add your bank account in PayPal for receiving and sending Money.
Paypal account Type
When you go for creating account on Paypal there will be option that what kind of account you want to create. Actually PayPal have two types of account one is individual which is related to person and second is business which is related to your business. If you want to use PayPal just for receiving money then you can use individual account but id you want to send money and receive also then you have to use business account.
Difference Between Individual And Business Account
Simply if you create a business account then you can receive only but if you create business account then you can send and receive too. According to my opinion, you have to create business account because it’s have various used. If you are working online or if you are a content creator or freelancer then you have to use PayPal and in this condition you have to create business account so when you want to create account go for business account.
How to create PayPal account ?
Creating account on Paypal is one of the easy way. If you want to create account on Paypal and you don’t know how to create? then read this article carefully because in this article i will guide you step by step to create the account.
GO TO PAYPAL WEBSITE
First of you have to search PayPal snd go to PayPal website. And when you enter inside the website in the right hand side in top section you’ll get an option of sign up so simply click on it.
SELECT BUSINESS ACCOUNT
When you click on sign you Will get 2 option first is Individual and second is Business. Just choose business and create account.
When you choose business account you will get an option of an annual sales. You have to select 0 to 250 usd.
ENTER EMAIL OR PASSWORD
Now you’ll see an option of add email or password so first of all you can add any email on this website. Then there is an option of Password so you have to create strong password like you can use character, number, letter for creating strong password.
DESCRIBE YOUR BUSINESS TYPES
After putting the email or password you have to click on submit option and after it you will get option of describe your business.
1. Business Type : if you want to create account for yourself then choose individual option.
2. Product Or Service Keyword : you have to select keywords according to your business.
3. Purpose Code : you have to select any service related to your account.
4. Personal PAN: add your pan card number
5. CC Statement Name : write your name or your business name
6. Business URL : you have to put your business or company url link.
Link Bank In PayPal
If you want to receive money from Paypal. Then you have to add your Bank account to get payment direct in your bank account. Try to link your bano account.If you don’t know how to add bank account then read below article seriously.
LOGIN YOUR PAYPAL ACCOUNTFirst of all, you have to login your account in PayPal then, after login in to PayPal account in left side you will get an option of business profile. Simply you have to click on business profile and Click on Link bank account.Now you have to add your name bank account number and its ifsc or swift code.
Verified Bank Account In PayPal
As you know if we can’t verify anything then its doesn’t work same like that we have to verify our bank in PayPal account to Received money in PayPal or send through Paypal.After adding the bank account in PayPal you have to verify the account. For verifying the account, you have click on get & paid money option and after clicked on it you can see is your bank account verified or not .
Thanks for reading this article. Hope you like this article if you have any questions regarding this article then please drop a comment in comment section.