What is PayPal? how to create paypal account - complete information

What is PayPal? how to create a PayPal account? In today's time, you do not need to go anywhere, everything is done sitting at home with the help of the internet, whether it is money transfer or online shopping, you can do everything sitting at home with the help of the internet, by the way, online To make payment, you will find many websites or mobile apps, with the help of which you can make online payments, but in this post, we will talk about the most popular online payment website, which is named PayPal, PayPal Account. With the help of a Paypal account, you can easily earn money. You can do transactions sitting at home.

What is PayPal? how to create paypal account - complete information


Table Of Contents (TOC)

Paypal is popular in the world, with the help of this you can easily transact money online with the help of the internet but
for this, you have to create an account which we also call a Paypal account, with the help of this you can easily send and receive money. If possible, let's know about PayPal in more detail.

PayPal is a website you can use to make payments online, send payments to any person or merchant anywhere in the world, or take payments from anyone if you have a business. Online and anything you sell online, you can transact your money with PayPal, that too in a secure way.

Any person can use PayPal, whether it is a common person or a businessman, if you have a business that is spread all over the world and you sell any goods, then in such a situation you will have to pay or take money. Paypal is not made for the world so that you can easily send or take money anywhere in the world.

Paypal is the world's most popular online payment service company, almost all online money transactions in the world are done using PayPal, why it is a very reliable company, account for about 100 million people in the world In this, it seems how much more popular it is, so let's get to the advantages of PayPal now.


Types of PayPal Account

There are three types of PayPal accounts, a Personal Account, Premier Account, Business Account, let's know about these three accounts in detail.

1. Personal account: This account is also called a personal account, you can use this account to make online payments and also make online payments but only from a PayPal account to a PayPal account. If someone wants to pay you online, that user can't pay you directly with their credit card or debit card, that user can only send money to you using the balance in PayPal account, most of it Used for personal use. Like making online payments etc.

2. Premier Account: Using this type of account, you can make online payments or receive online payments, also the feature of this account is that if someone wants to pay you online, that user You can pay directly with your credit card or debit card, whereas you cannot do this work in a personal account.

3. Business Account: This type of account is used by most of the business people like any company or any group etc. This type of account is used, this type of account is used to accept all types of cards like credit cards, debit cards, etc.


Benefits of using PayPal

  • Using PayPal, you can send or receive money anywhere in the world.
  • PayPal is a secure online payment service in which all your information is secure.
  • In PayPal, you can pay using a credit card and debit card.
  • With PayPal, you can send your money directly to your bank account.

    Requirements for PayPal Account

    • To create a PayPal account, you must have an email account because PayPal only transfers money through an email account.
    • If you want to send money to the bank from PayPal, then you will need a PAN card number, only then you can send the received money to your bank account.
    • If you want to send money to someone, then you must have a credit card or debit card for this, only then you can send money.

    How to Create a PayPal Account

    1. Open the PayPal website and click on signup: To create your PayPal account, first you go to the paypal.com website, and then you will see the option of signup on the right side, click on it.

    What is PayPal? how to create paypal account - complete information


    2. Now select PayPal Account type: As soon as you click on Signup after that now you will be asked to choose the account type, then you have to choose an Individual or Business account.


    What is PayPal? how to create paypal account - complete information



    Note: If you want to use this account for your personal use then you click on Personal and if you want to use this account for your business then click on Business.


    3. Now enter your email id and password and click on continue: Now you have to fill in your details like country name, email address and password then click on continue, if you don't know how to create an email id then you can do this Read the post How to Create Email ID.

    What is PayPal? how to create paypal account - complete information

    4. Now enter your correct information and click on Agree and Create Account: Now you have to enter your correct information like your full name, date of birth ie address Pincode, etc. Keep in mind that here you have to enter your name which is PAN The card is written in it because later you also have to enter your PAN card details for payment, after that you have to tick I agree and then click on Agree and Create Account.


    What is PayPal? how to create paypal account - complete information


    5. Click on I'll link my card later. 

    So in this way, your Paypal Account will be created, after that, you will be asked your bank details or credit card or debit card details, if you want to make payment to someone and if you want to take payment from someone, then for that you have your PAN card. Number needed. Only then can you get paid.

    FAQ Related To Paypal Account

    1. We have created a PayPal account, now how to take payment from anyone?
    A. If you want to make money from someone then you give your Paypal account email account to that person which you entered initially while creating the account, your email id will be your PayPal account email and he will send money to that person.

    2. Now how do we send money with PayPal?
    A. If you want to send money from PayPal, then you need that person's email address ie PayPal account email, after that you can go to your account and click on SEND to send money.

    3. Is a PAN card number required for PayPal?
    A. Yes, you have to take or give money from anywhere, for this you must have a PAN card number, without this you cannot do money transactions.

    4. Does PayPal charge extra for sending money?
    A. Yes, PayPal deducts 4% or 5% of the amount you send payment to any user, for example, if someone sent you 100$ money, you will get around 95$ money.
     

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