What is PayPal Account?
PayPal account is nothing but an online account which we can used it for transaction purpose. In online business we need PayPal account to send and recieve money on the internet. You need to open an online account in PayPal which is for F-R-E-E. This Online account will be strictly used only for transaction purposes such as to receive money, purchase or sending money online.
Most of the paying websites would often give you an option to choose your mode of payment.You can choose according to your convenience and sign up.You can open an Online account right away, right now and it is absolutely free.
PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information.
You can open a "Personal account" and later you can also opt for Premier or Business account if you find it necessary.
How do I become verified?
To become Verified, you must:
To become Verified, log in to your PayPal account, click the Unverified link, and follow the instructions.
Members in China also have the option to link and confirm a China bank account to become verified.
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Confirm your email address.
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Add a credit or debit card to your account.
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Link and confirm your card.
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How to confirm your bank account and get Verified?
As soon as you confirm your bank details, PayPal will validate your account and inorder to do that PayPal will make two small deposits to your bank account.
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Check your bank account and note the exact deposit amounts.
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Log in to your PayPal account and click Confirm bank account on the Account Overview page.
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Enter the two deposit amounts.
Please Note :
Verifying your PayPal account helps increase confidence between buyers and sellers and there are no limitations once you verify your account.
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You can also use your Unverified account to send or receive money but there are certain limitations on it.
For further details, you can check here..
