Thursday 16 July 2015

Steps To Create your PayPal account: 
Now in this blog i am going to inform you step by step 

First of all go to google.com and give search PayPal.com and click on to get started to create your PayPal account. On the next page you have an option to select between “Personal and business account“. For bloggers, I would recommend you to start with personal account and if you ever need a business account, you can instantly upgrade it from PayPal dashboard.

On the next page you need to sign up by filling up a form, you can enter your Credit/Debit card detail then or can skip it for later to send Payment. Do remember, when you open a Paypal account in India, it’s a limited PayPal account. You can use it to send Payment to anyone using your Credit or Debit card, but to receive Payment you need to complete these 4 tasks:
  • Add your PAN card
  • Confirm your Email (When you sign up, you will get an Email from PayPal to confirm your account)
  • Add bank account (This will be the bank account where your Paypal money will be withdrawn to)
  • Purpose code (From the long list, select the purpose on which you are receiving payment on your Paypal account)
Here is the link to the page which you can access anytime to see if any verification is pending for your account.

Pan Card :
Your Pan Card name should be same as your PayPal account name. If you are a minor without a Pan card, you should open a PayPal account in the name of your parents.
Linking Bank account to your PayPal account:
This process will take 2-3 days if you initiate now, so I suggest you to create your Paypal account right away, as if in future you need to receive money from any of advertising company or client, you don’t have to wait then. Click on Start in front of Add bank account and you will be taken to the next page where you need to enter just few fields such as :
  • Your Name
  • Your Bank account
  • Your bank IFSC code. (If you don’t know the IFSC code of your bank branch, simply go to your bank official site and search for it). If not, Search in Google with “Your Bank Name, Branch and IFSC code”. Ex: ICICI Bank, VasantKunj IFSC code”. You can also select No in front of “Do you know your bank’s IFSC code?”, and select your bank, state and branch using Drop-down from there.
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