Hey, I’m gonna talk about the complete guide to create and verify PayPal account. PayPal is an online payment system offers online payment transfer based in California, US.
The Complete Guide To Create And Verify PayPal Account
What is PayPal?
PayPal is one of the world’s largest Online Payments Companies. It’s an American operating a worldwide online payments system. Which includes online money transfers and services, Payments accept Or Payments receive from the merchant. For that, you have to create a PayPal account.
How to create a PayPal account?
It’s very easy to create an account on PayPal. Go to PayPal. Click on Sign up. Select your account type and Continue. Now, select your country, enter email id/password & Continue. Enter your personal information like mobile number & address (enter correct information). Accept terms & conditions, Click on Agree & Create Account.
Add you Debit/Credit Card details (or click on I’ll do it later). PayPal is very secure. They never pay or withdraw your money without your permission. There are no chances of spam or fraud. So, don’t worry! Now, your PayPal account is created. You can shop at any online stores, send money or receive money from merchants. Click on go to your account. You can see the notification on the left side like you have to complete your task. Click on it and enter your PAN card details & Submit. All Done! Don’t forget to confirm your phone number & email id.
Read More: 4 Ways to Make Money on eBay
How to link Bank Account to PayPal?
Log in to your account. Click on Wallet and Link a Bank. Enter your bank account number & IFSC code (you can find on google by entering your branch name & city) & Continue. A new page will open & follow the procedure. Check your bank account within 4-6 days PayPal send you 2 different amount of 1.02 INR or 1.01 INR. Click on Confirm in 4-6 days.
You can see Confirmation Pending on your bank account. Click on it and enter a 1st value which you receive in 1st box and enter the 2nd value in the 2nd box. Click on Confirm. Now, your bank account is linked to PayPal.
How to link Debit/Credit Cards to PayPal?
Make sure PayPal supports only international card. ICICI, HDFC, AXIS banks provide International Service. SBI, PNB banks does not provide international transactions. But you can link SBI debit card with PayPal.
Log in to your account and select link debit card or credit card. Select your card type & enter your card details & Save. All done!
How does it work?
PayPal needs 5-6 business days to transfer money into your bank account. Now, you can Auto Withdraw payments to your bank account for that your bank account has to be confirmed. To enable this feature click on Bank Account and select YES. There is no such a limit for Transfer and Withdraw money.
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Also published on Medium.