WHAT IS PAYPAL ? & HOW TO CREATE PAYPAL ACCOUNT EASILY

What is Paypal? In terms Paypal can also be referred to as "online wallet" or "online bank". Paypal is an online payment processor and money transfer service company on the Internet using e-mail address as its account number. The company is headquartered in San Jose, CA, USA, and now many people are using Paypal in various corners of the earth. In the past, to sent money requires the piece of paper checks or money orders from the post office, but now, the way to send and receive money is being replaced by paypal. Of course this is a more modern way to send and receive money. Paypal method is a new revolution way of sending and receiving money online quickly, easily, and securely.

Paypal account is to be owned by a person who running an online business. But for those of you who do not work online, you can still create a Paypal account to receive and send money anywhere and anytime using paypal service. Make a PayPal account is free for anyone. We just need an email account to register. If you do not already have an email account, you can create an email account first.

HOW PAYPAL WORKS ?

In principle, Paypal is not much different from the workings of a local bank in your country. You can send and receive money from other paypal users. Previously, you must register and have an account on Paypal to make financial transactions. Paypal account must be connected with your local bank account, in order to make withdrawals and purchases balances. Here's some things that must be known about Paypal :

• Paypal accounts must be verified using Credit Card, Virtual Credit Card, Debit Card or Bank Account to be used to withdraw money. If it has not been verified, your Paypal account has a withdrawal limit.
• Make sure that your paypal account name matches with your name on your bank account.
• The currency used is the US Dollar, Euro, etc. if you want to withdraw or transfer funds, so you need to know the latest information about the value of buying and selling currencies (exchange rates).
• For top up Paypal balance could use Bank (US Bank), Credit Card, or by purchasing a Paypal balance. Paypal security is excellent, so it is safe from hackers and carders.

HOW TO CREATE A PAYPAL ACCOUNT / SIGN UP FOR PAYPAL

Paypal account is available in two types, Personal account and Business account. Personal Account is used for individuals in order to receive and send money (paypal balance). Business account used by businessmen and business groups. If you are an individual, please use the Personal Account Type to be used for receive and send balance.

1. Visit Paypal Official Website at www.paypal.com, then click "Sign Up"
2. Choose "Personal" account, and then click "Continue"
3. Fill and complete the form ! (your country, your email address, password, and enter the code), then click "Continue"
4. Fill and complete the form again with your "Legal Name", Street Address, Phone Number, ect. Then "Enter the code" , check the box  "Yes i've read and agree". Next, click "Agree and Create Account"
5. Please enter your "Credit Card" information and click "Continue". If you do not already have it, instantly click "My Account".
6. Next you need to activate your PayPal account by "confirming Email Address" you used when filling out the form earlier (see notification box on the right side).
7. Then click on the "link" (step 2: click activate button)
8. Open a new tab and login to your email. Please check incoming email from service@intl.paypal.com. Write down the confirmation code that was sent (number)
9. Back to previous Paypal tab and enter the confirmation code in the box provided and click "Confirm".
10. For extra protection, you are required to create a security question. Please create questions and answers and remember it to anticipate if you forget the password entered later. When you are finished click "Send".
11. Your Paypal Account is Active !

Now your Paypal account is active, but has a limited 100 USD only. You can eliminate this limitation by means of verifying Paypal account using Credit Card, VCC, Debit Card VISA / MasterCard, as well as your local Bank Account. Hopefully information about What is Paypal and How to create Paypal Account is helpful.