How to Create PayPal Account in India 2020
PayPal is the online financial service for Send and Receive money across the world. Generally you can make a Payment with Credit or Debit Cards but to Receive Money?. PayPal is the more secure way to Send and Receive money, Shop online across the world. Especially you’re working in online like Bloggers, Invested in Share Markets definitely you need a PayPal account for every transactions. So today we guide you how to Create and verify your PayPal account in India step by step.
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Requirement PayPal Account
- email ID
- Credit Card or Debit Card
- PAN Card
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How to Create PayPal Account
1.Visit PayPal.Com and Click to Signup.
- Click to Sign Up and Choose which type of Account you want.
Usually create Individual Account. If you want Business Account, you can update it from Dashboard.
3.Enter your email ID and Create your own Password
4.Enter required Details and Click to Create Account
Note: Before Create Account read user agreement and terms.
5.Link your Credit Card or Debit Card
You’ll be Redirected into Bank for second factor Authentication
Similarly add Bank Account, Verifie your email,add PAN Card to Verify.
That’s it you successfully created Paypal Account & you can Update to Business Account.
Benifits of Using PayPal Account
- PayPal Account increases your Financial security
- No monthly Charges & No minimum Balance & No charge for Inactivity
- No fees or penalty when your friends or Family members Using
- Make free payment to Shop Online (Only Charged for Transactions)
- You can make a payment without Credit Cards
- PayPal provide Secure online Payments without exposing your Credit Card Details
- PayPal provides extra layer protection for your Credit Cards
- You can cancel recurring Payments at anytime
- Does not charge for sending Money as Gift to your friends and Family members
- Android and iOS apps are available
Disadvantages of Using PayPal account
- To receive money you, Charges 4.4% + $0.30.
- May often Freeze your account for suspicious activity for a month
- May hold on your money for suspicious activity
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