When you sign up for a PayPal account, you will have to give them your financial information, such as your name and email address. This information will allow the PayPal system to give you a credit card or a debit card to be able to purchase goods on eBay. Your account will also give you the option of sending and receiving funds from credit cards and other third-party methods.
Some things that you can do with your PayPal account are, receiving money from sellers, purchasing goods on eBay, and paying other people. Below, we will discuss how to set up a PayPal account so that you can do these things.
First of all, there are basically two types of PayPal accounts to decide on when you set up a PayPal account. Your personal account type is meant for the everyday consumer who never gets out of his or her own house. This account type also requires you to enter your name and email address. A business PayPal account type is intended for larger businesses and eCommerce merchants. This account type is separate from your own personal account, and it is used to hold funds from credit cards and from a bank account, which is where the funds will be transferred from once you click continue to the final step on how to set up a PayPal account.
After you complete the forms on how to set up a PayPal, you should next go to your bank and tell your bank that you are going to want to get a verified debit card for PayPal. Once your bank verifies your bank account, you should be good to go. You will need to provide your PayPal user ID and password in order to verify that you are actually a PayPal user. You will then be given a verification code, and you should copy this down and take it with you the very next time you make a purchase with a credit card or a debit card.
If you are still wondering how to verify a bank account, the process has been simplified by the advent of the PayPal website. The process is really quite simple. First of all, if you have an American Express, Discover, or MasterCard, you can go to the PayPal website, enter the four-digit code, and you will be given verification that you are a valid and authorized user of PayPal. Once you enter this code, you will be directed to a page where you should have to enter a password. You do not have to be very careful with this password because you are still using your own email address as you do with your bank account, so it should not matter too much what you type in.
Once you have entered your PayPal username and password, you will then have to click on the submit button. You will then be directed to a page where you have to enter the verification code. Again, you do not have to be particularly careful with this password because it is exactly the same as your bank’s password. There is really nothing for you to be concerned about because you are still verifying who you are and what you are doing online. When the verification is complete, you will then be able to proceed and pay through the PayPal website. You will have to wait approximately twenty-four hours before you can proceed to pay through your credit card statement.
Although PayPal offers protection in this regard, it is highly recommended that you always verify a bank account before proceeding to make a payment through this method. You are not only protecting yourself from hackers, but you are also making it much easier to dispute any unauthorized charges that may arise. It may take a while to verify an email address, but it is well worth the effort. Many people prefer to use PayPal because they feel it is safer, but if you can verify an email address in addition to verifying a bank account, you will find that you have a greater chance of avoiding charges on your account.
Create your own account today
Step 1 – Click on the above link
Step 2 – Select your account type
Step 3 – Fill the application carefully and confirm your account