Paypal has become a popular way of buying and selling products online. It also enables you to send and receive money from over 180 countries that are now integrated into it. Originally, it was used in shopping at eBay. However, it has grown into being used in a wide range of online transactions in the modern society.
Its services are easy, efficient and affordable. Nevertheless, for you to enjoy these services you must get an account first. Creating a PayPal account is easy and once you have it you will be able to do your shopping online whether you have your debit or credit card or not. Below is the step by step guide on how to get a verified Paypal account:
Visit the PayPal homepage. This page has links to information about Paypal, how it works, benefits of using it, and how to transact with PayPal among others.
Click on the signup icon on this page and choose your country and the language that you prefer.
Basically, you will be prompted to choose among three account types. There is a personal account that is meant for individuals. This is for people interested in online shopping. There is a premier account. This is for people interested in buying and selling products online.
The third type of a Paypal account is a business account. This is meant for merchants and they use business names in their accounts. Choose the account you want to open and continue with the process.
Enter your details such as your name, email, password, address and phone number. It is important to note that giving accurate details is very crucial since you will be using your account in transacting your money.
In case you have issues with your PayPal account, you may be required to give these details for confirmation.
An activation link will be sent to your email address. Open the email and then click on the provided link to confirm that it is your email address.
Enter digits of your bank account to facilitate the transfer of information from PayPal account to your bank and from your bank account to PayPal.
It is important to note that after linking your bank account with your PayPal account, small deposits will be made to your bank within a few days. Once these deposits have been made, login into the PayPal account. Enter information about the deposits in the form of verifying your bank account. By clicking on the fees button, you will get information on fees charged for each transaction and account.
In case PayPal sends you an email requiring verification of your account, log in to your PayPal account instead of clicking on it in your emails. Verify anything about your PayPal account by logging in through the official website. This is very important because there are scam emails that might give hackers access to your account.
For countries where Paypal is not supported, there are some turnaround methods that can be used. Stay tuned as we will discuss that in a future post.