How to set up PayPal merchant account
Paypal is such a service through which online payments are done in most countries. There are many companies that make worldwide payments, but Paypal is the most popular. If you do any work online then you need a service like Paypal or Google Wallet to send or receive online payments. Even if you do not do any online work, you may still need it. Like many businessmen in India who buy goods from China, most of the payments are done through Paypal only.
PayPal is the oldest and most trusted service for online money transfers, so most users only use it. So to use it, you will need some government-approved things, so let's know what those things are, and how to set up a PayPal merchant account with them.
What is needed for a PayPal account
- gmail id
- bank account number
- PAN card
- credit card or debit card
- mobile number
how to set up paypal merchant account
First of all, you have to go to the official website of Paypal and click on Sign Up for a New Account.A new page will open as soon as you click on Sign Up. Here you have to write your country name, Gmail ID and create Paypal's strong password below it. After that, click on Continue. After this, you will be asked to provide your full information. Here you have to write your full name, date of birth, name of your country, your full address then your state, pin code, and mobile number. After that, click on I agree and Create Account.
After this, your account will be created, but on this page, you will be asked to add a debit or credit card. If you have a credit or debit card, you may upload it. You can upload it later if you need to. Because you have to link your bank account also, later link all these together, then click on I'll link my card later.
After this, your account will be created, and you will see the message that your new PayPal account has been created, but your account is still incomplete because you have to link your debit card and your bank account to it. To add all these, you have to go to the dashboard of your account. For this, click on Go to your account at the bottom of this page. This type of dashboard for your account will come and here you will have to add more things to your Paypal account, like:
- your debit card
- Confirm your mobile number.
- confirm your Gmail ID.
- Lastly, link your bank account.
How do I add a debit card to a PayPal account
If you want to make a payment to someone, you can link a debit card to your PayPal account. If you do not want to make payments to anyone, then there is no need to link a debit card. So first, add your debit or credit card.- Select your card type.
- Enter your card number.
- Enter the debit card's expiration date.
- Enter the CVV code, which is written on the back of the card.
- Now click on Save.
- After this, your debit or credit card will be linked to your PayPal account.
How do I add a mobile number to my Paypal Account
When you click on confirm mobile, a new page will open in which you have to enter your mobile number and click confirm. After that, a 6-digit OTP will come to your mobile, which you have to confirm by writing in your PayPal account.How do I add a Gmail ID to my Paypal Account
After confirming Gmail, PayPal will send a confirm link to your Gmail account, where you have to click on confirm. After that, come to your PayPal account and refresh the page and your Gmail ID will be confirmed.How do I link my bank account to my Paypal account
If you want to receive money from someone, you have to link your bank account. Here you have to first write your bank account number then the IFSC code below it and then click on Continue. Here you need to know that to link your bank account, PayPal will deposit Rs 1 to Rs 1.50 in your bank account within 4-6 days. So you have to keep checking the amount in your bank account every 4-6 days. When this amount comes into your account, both of these amounts have to be confirmed in your PayPal account.NOTE: These amounts will not be put in your bank account just like that; for this, you will have to add a PAN card as well.
How do I link my PAN card to my PayPal account
For this, you have to go to the personal identity option in the settings of your PayPal account and submit the correct and complete details of your PAN card. Now your PAN card will also be linked to your PayPal account and after that, you can link your bank account.How to set up paypal merchant account, When all the things are linked to your PayPal account, your PayPal account dashboard will turn green and after that, you can transfer money anywhere.
If you are going to create a PayPal account then keep these things in mind: PayPal does not support all banks, so before starting it, search on Google. You cannot do online shopping on any website. Apart from this, you cannot transfer money to any Indian PayPal user.
Read This :–
0 Comments