What Is PayPal-: PayPal is an American company that operating a worldwide online payments system.PayPal supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
PayPal full name is PayPal Holding Inc. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory. PayPal’s payment system, also called PayPal. PayPal is established in 1998.
In other words we can say that PayPal is an online financial service that allows you to pay for items using a secure internet account. You can add your bank account detail and your card detail as like credit card or debit card details and whenever you pay using PayPal. you can choose which of your cards or accounts it pays with. .
How To Create A PayPal Account-:
PayPal provide the facility for creating a account of free of cost. You can create here two type account.
- Individual account-: For creating this account you can send money.In other words we can say that you can buy something or Pay for your shopping locally and overseas. Get 50% cashback voucher* on your first local purchase.Get covered 24/7 from online and card fraud.
- Business account -: For creating this account you can send and receive money easily. Most of the user make this account.
Follow these process for creating a PayPal account
1 .-:First go to the PayPal.com and open it in your browser.
2. Here In the right side click the SIGNUP button for creating a account.
3. After it provide two option which account you want to create individual or business account. You can select which account you want to create here as like
Create individual PayPal account -: For creating a Individual PayPal account you can select First option here and select Next button here. After selecting next button.
It’s asked the email id and password as like
After giving the email id and password click the next button here.After clicking this button it’s asked the more information about you as like your name and address here fill the right information here and click the create and agree button.
After clicking the its asked the information about your bank card detail for linking the account.Give the information here and click it.
Your account has been successfully created.
Create a business account-: For creating a business account follow these process .
1 -:In the account section select business account here and click next button here.Here asked the some information as like here
2.Here it’s asked the information about business type as like if you want to sell goods your customers then select first option. If you want to sell service then select second option.If you want to exports or sell to other business then select third option here. You can choose according your choice here.
3.Next field its asked the payment information as like here here are four option available her you can select here according your choice
4. After selecting payment platform its asked the information about your money means it’s asked you how to get your money if you want to money in your country currency or in dollar as like
5.After selecting the payment preference click the next button here. When we click the next button its asked the email id and password for creating a account. Give the email id and password here as like
6. After giving the email id and password click continue button here.When you click button it’s asked the information about your business. Fill the form carefully. it’s asked the pan card number here .Give the right information here and click continue button here.
7. After click it’s asked the more information about you as like first name and last name, Address,pincode,and dob of you. give the information here and click button.
8. It’s send a verification email to your email account. Verified your email click the verify button.
Your PayPal account has been successfully created.