How to Create a PayPal a/c in India

Before I started my online journey, I never believed people can earn money online.

The main reason was,

I didn’t know how to get the cash in hand.

Then I came across PayPal.

Paypal helps you transfer the money you earn to your bank a/c in India.

In this post, I’ll show you how to create & verify your paypal a/c in India.

  • Create your new PayPal a/c
  • Link your Bank a/c to it
  • Verify your account for receiving payments

Watch the video below (click play) to see the whole process.

Why you need a paypal a/c?

How to use Paypal?

What is PayPal?

Paypal is an online service used to transfer money worldwide.

Opening your new PayPal account :

First, make sure you have these two things:

  1. Your PAN card
  2. and a Bank account (which matches your name on the PAN card)

If you don’t have a PAN card, learn how to apply for a PAN card here . There is no age limit for PAN, so anyone can apply.

Follow the steps below to open a PayPal a/c :

  1. Create a new account by going to paypal.com and clicking on the sign up button.
  2. Next, click the ‘Get Started’ button for individuals.
  3. Fill up the form.

Note: Enter your first and last name exactly as it appears on your PAN card. Make sure it matches your name on your bank a/c. (If your bank account has only your initials, enter its full form in paypal.)

Your paypal a/c is now ready!

Once you’ve created your new paypal account, the next step is to verify it, so

that you can receive payments.

Verifying your Paypal a/c :

Follow the steps given below to verify your paypal a/c.

1) Add PAN Card

2) Verify your email

– Go back to the task board and select the next step to verify your Email.

– Open a new tab, and login to your email account.

– A PayPal confirmation mail will appear.

3) Enter Purpose Code

– Click the ‘start’ button next to ‘Provide Purpose code’.

– Select the purpose code based on the nature of your work.

– If you’re earning through affiliate programs, choose advertising and market research.

– Click save.

4) Add Bank A/C

Once again, go back to the task board & click start.

– Enter your bank a/c number.

– If you know your bank’s IFSC code. just enter it. Or Else, select No and enter your bank’s name & choose your branch.

– Click on review and submit.

After doing this, paypal will make two small deposits to your bank a/c. So, wait for 2 to 3 days and then check your bank statement.

Once you find the amounts credited to your bank a/c.

– Login to paypal and under profile, click on “Edit Bank Account” .

– Now, enter the same values which were credited to your bank a/c.

– Click Confirm.

Congrats! You’ve now successfully linked your bank to your paypal a/c.

Your paypal a/c is now verified. From now on, all the money sent to your paypal account will automatically be credited to your bank a/c.

We hope this post helps you create and verify your PayPal account.

If you have any doubts, post them in the comments section below.

Source: www.fastrupee.com

Category: Payday loans

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