How To Create A Paypal Account In India

Most of the online users are making millions of transactions by either sending or receiving payments. There are many options to do this but the best option which I consider is PayPal. PayPal is the best system to send and receive payments throughout the world. PayPal charges 0% extra fees and is the best payment gateway especially for bloggers, webmasters, and other online money makers. It is very easy to make a PayPal account. It is accepted as a method of payment in 202 countries.

how to create a paypal account

In this post, I am going to share you every detail which you require to open a verified PayPal account.

Requirements –

  1. You must be over 18 years old to have a PayPal account to your name.
  2. You need a PAN card. It is compulsory to have a PAN number and if you don’t have a PAN card then you can easily apply to it by using this link.
  3. You need an Indian Bank account. SBI is the preferred bank but you can choose others also.
  4. An email account. (Not a big issue)

 

Steps to create PayPal account-

  1. Go to www.paypal.com and signup for a new account
  2. Now there are two types of PayPal account i.e, Individual account Business account. An Individual account is recommended for individuals or non-business that buy and sell online and a Business account is recommended for merchants who operate under a company or group name.
  3. Enter your details in the form carefully and make sure that you use the same name as on your PAN card and bank account.
  4. It will now ask for your credit card details. Enter the details of the credit card if you like otherwise, ignore this step and proceed further.
  5. Check the verification email in your inbox and confirm your account. Now, your account is active.
  6. It’s time to verify your account. Enter your PAN number and bank account details(name, branch, address, account no).
  7. To verify your bank details, PayPal will send a small amount of money(1-2 INR) in your account. It takes some days in this process.
  8. After receiving the money, open your PayPal account and click on the Verified link and enter the same amount of money as your received.
  9. After successfully confirming the above step, your account will be verified and you will become eligible to send and receive payments from it.

Some useful points about PayPal

  1. You can create one Personal account and one Premier or Business account. You can link more email addresses, debit or credit cards, and bank account, but each account must have its own email address and bank account information.
  2. For Indian users, if you receive a payment in your PayPal account then it will get automatically withdrawn to your bank account withing 2-5 days.
  3. Make a strong secure password so that your account will be protected from getting hacked.

I hope you liked this tutorial about creating a PayPal account in India and you have any query then feel free to ask me either in the comments below or you can directly email me. Don’t forget to share this with your friends too.

Thanks for reading

One Comment

  1. Riya Sachdeva March 17, 2017 Reply

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