PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies.
To open your account follow following Steps
Step 1: Paypal Singup
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies.
To open your account follow following Steps
Step 1: Paypal Singup
- When u click on the above sign up Link you will Encounter the below page.
Step 2 : Verification of Account
To verify your account u have to do 3 things.
- Verify the email which u have Used for registration. Open your email account and click on verification link which paypal send to your email id .
- Add bank account Number or credit card or debit card detail where u want to receive your money from paypal but that bank account should be with the registered name i.e. Name used during registration of account.
- After u add you add any of the above 3 then paypal will send you 2 small amount into your bank account. It will appear in 3-4 working day.
- After u receive that amount you should enter that amount in the space provided as per your received it .i.e say they send you 2 amount as *.** and +.++ ....enter 1st *.** and then +.++ . I have used * and + as i will send money in your respective currencies.
- Third is the addition of pan card . You have to enter your pan detail.
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