What is PayPal? How to make PayPal Account? Types of Pay PayPal Account
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PayPal is a website that you can use to make payments online, by using its name, a person or a businessman can send anywhere in the world or take payment from someone else.
If you have an online business and you sell anything online, in such a way, you can trade your money with the help of PayPal that is a safe and secure method. PayPal is often employed by anyone, whether it is a common person or a businessman if you have a business that is spread all over the world and you sell some stuff, currently you've got to cash for obtaining get procure get hold of a payment or money you'll be able to not attend the globe, neither has it been created for PayPal in order that you'll be able to simply send cash or take it any place within the world.
PayPal is the most popular online payment service company in the world, almost every penny in the world is paid by the use of PayPal because it is a very trustworthy company. About 100 million people in the world eat in People, It turns out that how much more poppy it is, let's now know about its benefits.
Types of PayPal Account
PayPal accounts are of three stages: A Personal Account, Premier Account, and Business Account Let us know about these three accounts in detail.
1. Personal Account: We also call the individual account as an individual account. The use of this account can be used to make online payments and can take online payments, but only in the PayPal account, it means the PayPal account. If someone wants to pay you online, then the user can not directly pay you with his or her credit card or debit card, the user will be able to pay you the balance in the PayPal account. You can send money only by using it mostly for personal use like online payment etc.
2. Premier Account: With the help of such an account, you can make an online payment or receive online payment, as well as the unique feature of this account, is that it is a different kind of credit card or debit card. While you cannot do these things in the personal account
3. Business Account: This type of account is used by business people, i.e. business people such as a company or a company group, etc. such accounts are used. This type of account is available for all types of cards such as credit card debit card Etc.
Benefits of Using PayPal:
With the use of PayPal, you can send money or take it anywhere in the world
PayPal is a secure online payment service in which all your information is safe.
In PayPal, you can pay with the use of credit card and debit card.
With PayPal, you can send your money directly into the bank account.
Essential things for PayPal Account:
You need to have an email account to create a PayPal account because PayPal deals with an email account.
If you have to send money to a bank in PayPal, you will need a PAN card number then you can send the receipt of money in your bank account.
If you have to send money to someone, then you have to have a credit card or debit card, only then you can send money.
How to Make a PayPal Account
1. Open PayPal Website and click on Signup:
To create your PayPal account, first, you need to go to paypal.com website and then you will see the option of Signup on the right side.
2. Now select PayPal account type:
As soon as you click on the signup, it will now ask you to select the account type, then you have to choose an Individual or Business Account.
Attention: If you want to use this account for your personal use, then you can click on individual pay and if you want to use this account for your business, then click on the business card.
3. Now enter the email ID and password and click on Continue:
Now you have to fill your own details like country name, email address and password then click continue, if you do not have to create an email ID then how do you create a read email ID?
4. Now enter your correct information and click on the Agree and Create Account:
Now you have to put all of your information right, such as your full name, birth date address or postcode etc. Please note that here you have to enter your name which is written in PANCARD why you have to enter your PAN card details later. For this, after this, you have to agree to "I agree" then click on Agree and Create Account.
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5. Now click on the link my card later:
Now if you want to make a payment, you can apply the details of your credit card or debit card here or you can also send this information later, for that you click on the link my card later.
Then your PayPal account will be created in this way. After this, it will ask you for details of your bank or credit card or debit card. If you have to pay someone else, and if you have to take any payment from you, then you will need your PAN card only then you can receive payment.
Some questions about PayPal that will be in your mind?
1. We have created a PayPal account. Now how do you get the payment from anyone: If you want to take money from anybody, then you give your PayPal account email account to the person you had initially made when you created the account. Your email ID is your PayPal account Email will be sent and will send money to your PayPal account.
2. Now how do we send money from PayPal: Send money from PayPal, you need the email address of that person i.e. PayPal account, after that, you can go to your account and send money by clicking on SEND.
3. How we pay for PayPal for online shopping: For this, you have to open your PayPal account and then after which you are shopping, Wow, you have to choose payment method PayPal.
4. Whether PAN card number is required for PayPal: If you have to take money from the money or you have to give it, you must have a PAN card, without it you cannot lend money.
5. Does PayPal charge separately for sending money: G. PayPal sends payment to any user of 4% or 5% of the amount you send, for example, if someone has sent you 100 $ money You will get money around $ 95.
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