2 Easy Steps to Create a PayPal Account? {2022}

Setting up an account in Gmail, Yahoo Mail, or a bank account to make and receive payments locally is known to everyone nowadays. As these are very common and used by everyone. Also, it is a very easy task to make one.

Although setting up a PayPal account is also not a difficult task, however, it is more than just filling a form with your name and contact details just you do while setting you any other account online.

In this guide, we have provided all the required information in easy steps. So that it will be very easy to know how you can create a PayPal account and use it for various purposes.

There are a few requirements everyone should be aware of while setting up/creating a PayPal account.

The few things you need to create a PayPal account include a debit or credit card that is able to make payments, your bank statement of the credit card/debit card for verification. Sometimes a form of Identity proof like a Passport/Income tax card.

Choosing the type of PayPal account

There are two types of PayPal accounts. The first one is for personal use, with its own benefits and uses. The second one, you can opt if you want to use PayPal for your Business, this will offer business-related benefits and uses.

You can create a personal PayPal account if all you need is to do is online shopping and easy money transfers to your friends and family. This is the type of PayPal account used by the majority of people. you can create and set up it easily if you want to pick this one.

The second type of PayPal account is for businesses. If you have/want to create an E-commerce website and sell your products online or you are a freelancer who often receives payments from international clients you can pick this one and create a business PayPal account.

There are many special benefits that are offered in a business account. One of the benefits is, Your PayPal account can be accessed by 200 people.

The process for creating both personal and business PayPal accounts is almost the same. So in this article, we will show you how to create and use a personal PayPal account. If you want to create a business PayPal account you can use the same method.

How to Create and Set Up a PayPal account? How to Use PayPal

To create a PayPal account and use it for your payments you would need to follow some easy steps which we have discussed below:

1. Open PayPal’s website.
2. Click on the Sign-Up button at the top-right corner of the screen.
3. Choose the type of account Personal or Business.
4. Fill out the form asking for your Name, Email address, and Password.
5. Select your Country.
6. Now, click on Continue.

Now, after filling the first form. The second form will appear. Fill it by entering your Nationality, and typing your Address and Phone number in the required boxes. Also, fill the other boxes and then click on Continue. After hitting the continue button, Your account will be created. But there are more things that need to be done.

To be able to start using PayPal, you have to add your debit or credit card with it. This will link your PayPal and bank account together. So that you will be able to debit or withdraw your money from PayPal anytime easily.

You can add your Bank account with your PayPal account by clicking on the Get started button. After doing that, a popped-up form will appear, fill in it your bank account details to proceed.

Now, the final step to create and start using your PayPal account requires verifying your email address. If you haven’t done it already. You can do that by clicking on the link sent to your email by PayPal.

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How to Verify a PayPal account

Once you created your account, you need to verify it in order to use your PayPal account. For security reasons, without verifying it, you won’t be able to use your credit/debit card.

Verifying the credit/debit card:

To verify your PayPal account, you need to verify your credit/debit card. To do that, log in to your PayPal account. Click on the wallet option. Now, select the credit/debit card you want to verify. After selecting your preferred card click on Confirm card and then click OK.

After which, PayPal will deduct a small amount of money from your account to verify it. But you don’t have to worry. The money will come back to your account within 2 weeks after your card gets verified.

*Note that the verification of your credit/debit card is important to create your PayPal account properly. Without it, you won’t be able to use PayPal

Now, The next step is to check PayPal’s deducted amount on your debit/credit card statement. it is actually a form of four-digit code, you have to enter in your PayPal wallet to verify your card. To do that, go to the wallet in your PayPal account. Select the card in the section which you want to verify. Enter the four-digit code and click on Confirm. Now it is done, you can now use your PayPal account for transferring and receiving money.

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Verifying the bank account:

Now, If you selected your bank account rather than your credit/debit card. the process for verifying it is almost the same. But here, PayPal does it differently. To make you verify your bank account, PayPal will make two deposits into your provided Bank account.

The amount, it will deposit to your bank account will be between $0.01 and $0.99. Once PayPal deposits it, you have to enter the two amounts (a four-digit code) to verify your bank account. The process is the same, as entering the four-digit code to verify your credit/debit card.

Note that the money deposited to your bank account will be deducted back by PayPal. You will not be able to keep that.

The steps in brief to verify your PayPal account:

1. Click on the Wallet option from your PayPal account.
2. Select the card you want to verify.
3. Click on Confirm card
4. Now, click OK.
5. After this, PayPal will deduct a small amount from your card to verify it
6. Enter the four-digit code (the amount PayPal deducted from your card. Check it from your credit card statement)
7. Click on Confirm.

If you want to add another Credit/debit card or bank account into your PayPal account. You will have to verify them in the same way.

When you do your first transaction, PayPal may request Identification proof from you. This step is to ensure that the transaction is done by you and to avoid any fraud and tax evasion.

That’s it, that was all you need to know about how to create a PayPal account and use it for your payments. We hope our guide makes it easier for you to create and set up your PayPal account. If you liked our content do check out our other articles too like:

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