If you're looking to start accepting payments online, consider creating a PayPal personal or business account. PayPal provides a secure platform for making and receiving payments online, and its user-friendly interface makes transactions easy.
You can choose to set up a Personal account, which is best suited for individuals who use PayPal to shop online or send/receive money from friends and family. Or, you can set up a Business account, which is best for those who use PayPal for business purposes, such as receiving payments for goods and services.
If you're not sure which type of account is right for you, you can always start with a Personal account and upgrade to a Business account later on.
So, in this article we have discussed about how to create PayPal personal and business account. But first we know some information about PayPal. Let’s starts with what is PayPal?
What is PayPal?
PayPal is a digital payment service that allows users to send and receive money online. It is one of the most popular payment methods on the world, and it is used by millions of people around the world.PayPal is a safe and convenient way to make online payments, and is accepted by many online businesses.
PayPal is international payments Gateway. So, PayPal allows you to send or receive money through PayPal anywhere in the world.
You can open two types of PayPal account personal and business. Let’s understand how we can open PayPal account?
There are two types of PayPal account:
1. Individual (Personal) Account
2. Business Account
They each have specific benefits and ideal uses.
Yes, you can open PayPal personal or business account in just simply as 10 minutes.
PayPal is international payments Gateway. So, PayPal allows you to send or receive money through PayPal anywhere in the world.
You can open two types of PayPal account personal and business. Let’s understand how we can open PayPal account?
Types of PayPal Account
1. Individual (Personal) Account
2. Business Account
They each have specific benefits and ideal uses.
How to create a PayPal Personal or Business Account
PayPal account opening is free of cost. Let’s see how to open PayPal personal or business account.
A personal PayPal account is all you need if you want to send money to friends, family or do online shopping. This is the most accessible type of PayPal account to set up and is the correct choice for most users.
The business PayPal account is specifically for businesses. Choose this option if you want to sell products online and accept debit/credit card payments for a small fee.
We’ll be focusing on creating a personal PayPal account for this guide, but the process is very similar for both types of accounts.
How to Create PayPal Personal Account
Let’s start, visit PayPal.com and click the Sign up button in the top-right corner of the screen. Now choose the account type you want: individual (personal) or business account. Here pick individual (personal) account and click next when done,
Then you’ll be asked to enter a phone number, input your mobile number here,
After that, you’ll fill email address and create your password then hit Continue,
On next page, fill the form by selecting your nationality and input your full name, and any other required info,
PayPal will create your account the second you hit Continue, but you are not use this account now, you need to verify PayPal account first.
To start using PayPal, you need to add your debit, credit card, or bank account. This will link your account to a bank account so you can deposit or withdraw money. This is technically optional, but your account will be severely limited without it.
You can also get a PayPal debit and prepaid card after your account is set up.
The last step in this process is to verify your email address by clicking the link in the email sent to you. Below we’ve listed the complete list of steps for easy to understand,
How to Create PayPal Personal Account Step by Step Process
2. Select the account type you want — Individual (Personal) Account or Business Account — and click Next.
3. Select your country and hit Get Started.
4. Input your phone number and verify your number.
5. Add your email address, and create password, and click Next.
6. Add your full name, address and other required info, and then click Continue.
7. Add your debit, credit, or bank info.
8. Verify your email address by clicking the link in the email sent to you by PayPal.
We hope this article has helps you, Thank you