Once upon a time, people chose to send payments for bills, purchases and services through money wires, Western Union, Money Gram, etc. But that was way back in the 20th century! Now, the preferred method of both sending and receiving money is via email, using a system known the world over as PayPal.
99 million users worldwide as well as 95% of ebay users can't be wrong, right?
Ok, so the rest of the world is using PayPal. Why aren't you? It's far more simple than you might think. Keep reading to find out how to set up your very own PayPal account.
Scroll down until you see "sign up today" and click there.
Select your language and country.
Choose the type of account that you want. The options are personal,business and premier. If you plan on accepting credit card payments from customers, you should choose business or premier accounts.
Assuming you want to do more than buy online - such as sell on ebay, it may seem a bit tricky as to whether you should choose to open a business or premier account. Most people should choose the premier account option. There is very little difference between the two accounts. Both the PayPal Premier Account and PayPal Business Account allow you to receive credit card payments from customers. The only real difference is in order to register your PayPal account under your business name, you must choose the business account option. Choosing the business account is a little more involved as well. You'll have to submit your company's bank account and then wait about for PayPal to approve your business to have a PayPal account. If you'd like to avoid all the fuss, choose the Premier PayPal account option and get started right away with PayPal. You can always upgrade later to a PayPal Business Account if you would like.
This step will depend on what type of account you've selected.
If you have selected the business account option:
- Click on the "select payment solution" to view the drop-down menu
- Once the drop-down menu is displayed, click on "Website Payments Standard"
- click "Account Sign-Up"
- click "Continue"
If you selected "Premier Account":
- Complete the form with all of the information regarding you and your company.
- Click "Agree"
- Click "Create Account"
You're done! Wow! Wasn't that super easy?
Now all that's left to do is to wait for 1-3 days for PayPal to verify your new PayPal account. After that, you are then ready to pay someone via PayPal or request payment from customers by sending an invoice. Oh and the person you are requesting money from doesn't necessarrily have to be one of your customers. If your Uncle Joe owes you money and he's a PayPal user, send him an invoice! To do this, log on to your PayPal account using the email and password that you signed up with. Then all Uncle Joe has to do is use his PayPal account to repay you via your email you used to register your PayPal account.
PayPal Customer Service:
For any questions that you may have, PayPal users within the United States should phone customer service. PayPal's customer service number is (402) 935-2050 for new customers. For existing PayPal customers, please dial (402) 935-2017 for PayPal customer service.