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Sep 08, 2021
How to create PayPal account
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Creating an account in PayPal is very easy. Usually the need for a business account is more, for this you can follow some steps given below:
Step 1: First you go to the website of Paypal.com.
Step 2: After this click on the Sign Up button given at the top.
Step 3: According to your need, select any one of the Individual or Business account in the account type and submit it. (If you want to receive the payment, then select the business account)
Step 4: In the next step two drop down boxes will appear, in the first box you can select any option and in the second box (My annual sales volume) you can select 0 to 250k USD.
Step 5: Submit by entering your email id and password.
Step 6: In Describe your business, you will have to give some more information like:
Business type: If you are creating an account for yourself then you can choose Individual.
Product or Service
Keywords: Select keywords according to your business or skill.
Purpose Code: Choose any one option related to your business or service.
Personal PAN: Enter your PAN number.
CC Statement Name: Write your or your company name. You will see this name in the statement of the person sending the money.
Business URL: If you have a website then you can put its link.
Step 6: Submit your email id, mobile number, address etc. in the Tell us about your business section. Choose US dollar in the primary currency, here the option of INR will not be available.
Step 7: Now your PayPal account has been created. You can now transact by linking your bank account and debit or credit card with PayPal.
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