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PayPal Holdings, Inc., an American company, operates an online payment system to support online money transfers in most countries of the world. PayPal can be considered an alternative to traditional payment methods such as checks and money orders.
PayPal has fully developed a payment mechanism in this new digital age. Not just for individuals, it also meets the needs of small organizations with its affordable services. The company fully takes care of the security of the digital movement of funds. PayPal makes it easy to pay or receive payments online, and you can even use credit card services in addition. You can also access PayPal through a web browser using the app, which is available for Android and iOS devices. So if you’re interested in starting your PayPal journey, read on to learn more about creating an account, the steps to sign in, and other benefits of having a PayPal account.
Highlighting PayPal Features
PayPal is used all over the world to pay or transfer funds online and has been quite popular for quite some time. You can create a personal or business account with PayPal and once you’ve finished creating your PayPal account, you can easily sign in to take advantage of the following features:
- Take advantage of unlimited discounts on purchases from various online retailers.
- Take advantage of cash back offers on purchases you make at various retailers.
- Get funds to buy wholesale
- Make fast online payments from anywhere in the world.
- Credit card service via PayPal through Synchrony Banks.
- Top up your PayPal balance when necessary.
Steps to sign up for a PayPal account
To sign up for a PayPal account:
- Go to PayPal official website i.e. paypal.com
- Click the ‘Sign up for free’ button in the middle of the screen.
- In the next step, you need to choose whether you are creating an ‘Individual Account’ or a ‘Business Account’ and then click ‘Next’.
- If you selected ‘Individual Account’:
- You will be asked to enter your phone number and press ‘Next’.
- Then enter the verification code you received on your phone number.
- After that, enter the requested information to complete your PayPal account setup.
- If you selected ‘Business Account’:
- Enter the email address you want to associate with your PayPal account; press ‘Continue’.
- Then enter the password for your email address
- Select the required option from the “I want to accept payments” dropdown menu.
- You must then select your annual sales volume and press ‘Next’.
- Provide the required information, such as your personal or bank details, and when you have finished entering all the information, click ‘Confirm’.
So you can easily sign up for a new personal or business PayPal account.
In 4 steps Log in to your PayPal account
Once you have created your PayPal account, you can log in to your account whenever you want to make or accept payments by simply following the steps below:
- Go to paypal.com
- Click the ‘Sign Up’ button in the top right corner.
- Enter your email address or mobile phone number that you used to create your PayPal account; press ‘Next’.
- On the next page, enter your password and click ‘Login’.
Problems logging into your PayPal account
It can often be difficult for a PayPal user to log into their accounts and this can be for a number of reasons. For example,
- Can’t log in due to poor internet connection
- The PayPal app has not been updated.
- The browser you are using to log into your PayPal account is out of date
- You don’t remember the correct email or password for your PayPal account
- The browser is full of cache and cookies.
Reset your forgotten PayPal login password in a few easy steps
You don’t have to worry if you can’t remember your PayPal login password because it can happen to anyone. PayPal allows you to reset your password, whenever you need to, using your phone number or email address. You can follow the step by step instructions given here to reset your PayPal password:
- Go to paypal.com
- Enter your email address or phone number and press ‘Next’.
- On the next page, click on the ‘Forgot your password?’
- Next, you must enter the email address that you use for your PayPal account; Click Next’.
- Next, you must choose whether you want to receive a verification code on your email address or on your phone number, then press ‘Next’.
- You then need to enter the code you received on your mobile phone or email address and then press ‘Continue’.
- You will then be allowed to change your PayPal account password; enter the same password twice to confirm and click ‘Save’.
Thus, you can easily reset your PayPal account password whenever you forget it. To reset your PayPal account password using the app, you need to follow the same steps and then you can log in to your PayPal account with your new password.
How to withdraw funds from PayPal account?
You won’t be able to use your PayPal account to buy goods or services every time, and you may need a certain amount at your bank. In such situations, you can use the PayPal payment function after logging into your personal account as explained here:
- Sign in to your PayPal account using the app or browser.
- Open your PayPal wallet
- Select the “Transfer Funds” option.
- Then select “Transfer your bank account”
- Carefully follow the instructions given to you
- Be sure to check the amount you wish to withdraw before completing the process.
Also Read: PayPal POS System Overview
Categories: How to
Source: HIS Education