If you are looking to switch your work number or your business, don’t forget to create yourself a personal PayPal account or personal business account for the convenience of work.
These new updates are effortless because Paypal already supports so many languages worldwide, not only English anymore, so creating a Paypal account is easier than ever.
Elon Musk – Founder of PayPal, the richest man in the world at the time of this article, he said: “ I wish there was a way without eating and the body was still nutritious enough for me to have more time to work.
Paypal has no monthly fee, security, send and receive money quickly. The only downside we see is that the fee is a bit more expensive than other services but not significantly compared to the safe value that PayPal brings.
Articles are written from their user experience and refer to the most prestigious documents such as the Wiki encyclopedia …
What is Paypal?
This is the Wiki encyclopedia source; there can be no more accurate information on the internet outside of this place.
Paypal is a company operating in e-commerce, specializing in providing payment and money transfer services via the Internet.
This is an electronic payment and transfer service that replaces traditional paper-based methods such as checks and money orders.
Paypal collects fees by performing payment processing for online operators, auction sites, and other corporate customers.
In October 2002, eBay fully acquired Paypal.
Paypal headquarters are currently located in the eBay subsidiary in North First Street, Silicon Valley, San Jose, California. Paypal also has important operations in Omaha, Nebraska; Dublin, Ireland; and Berlin, Germany.
Types of PayPal accounts
Before we learn how to set up a PayPal account, you need to decide what type of PayPal account you want to create.
There are two categories: personal and business, each with certain benefits and ideal uses.
If you want to send money to friends or shop online, a personal PayPal account is all you need.
This is the easiest account type to set up, and for the vast majority of people, it’s the type of account you want to choose from.
Another type of PayPal account that’s specific to businesses.
Select this option if you want to sell products online and accept debit and credit card payments for a small fee.
The business account also allows up to 200 employees to access the account and offers several other special benefits.
For this tutorial, we will be focusing on creating a personal PayPal account, but the process is very similar for both types of accounts.
Create a Paypal account:
There are 2 steps to creating a working account:
- Set up a Paypal account + Verify email.
- Link your preferred credit, debit, or prepaid card to your PayPal account + Card Verification.
You need to prepare:
- VISA card has about 5 USD for sure. (Go to the bank they do for you, change the pin code and remember to keep it carefully, the time depends on the bank), has enabled the balance notification feature on your phone message.
- Identification document (ID card, Citizen ID, driver’s license is fine).
- Computer with an internet connection.
- A phone that works normally.
To create a PayPal account, visit the Paypal website and click the Sign-Up button in the screen’s top right corner.
Before click Sign Up – Chose your language:
Chose your language:
The next step is to choose the type of account you want: Personal or Business.
Next step, you enter your phone number.
Click Continue; you will receive a confirmation code from a phone message, enter, and then fill out the form displayed with your name, email address, and password. Continue with Vietnamese:
When you click Continue, enter your date of birth, nationality, identity …
- Date of birth: dd / mm / yyyy order ie day / month / year.
- Nationality: Vietnamese (you are another nationality, enter your nationality)
- Identification: Enter your ID number, or driver’s license, in the ID box. Address line 1: Enter the address you live in. If the address is too long, write down address 2.
- Zipcode: The new zip code currently has 5 digits; click the following link to look up what the zip code is in your province.
You can tick the One Touch Activation button or not, but the lower button needs ticking, the One Touch button will save the browser for quick payment for the next time you do not need to sign in. I do not use this function.
Your account will be created. But you are not done yet.
To start using PayPal, you’ll need to add your debit or credit card. This will link your PayPal account to your bank account so you can deposit or withdraw money from PayPal.
You can do that by clicking the Wallet button, which will appear where the tag link will appear; you click:
Technically, this is optional, i.e., not required, but without it, your PayPal account will be severely limited. Fill in the numbers on your card:
The final step in this process is to verify your email address, if you haven’t, by clicking the link in the email PayPal sent you.
Repeat: Easy to remember steps to set up a PayPal account:
- Visit the PayPal website and click the Sign-Up button in the upper right corner.
- Choose the type of account you want – Personal or Business – and click Continue.
- Add your name, email address, and password, and then click Continue.
- Add your address and other required information, and then click Continue.
- Optional: Click the blue Start button, add your credit card information, and click Add Card.
- Verify your email address by clicking the link in the email sent to you by PayPal.
PayPal account verification:
Before you start using your credit/debit card or bank account, you’ll need to verify your PayPal account for safety reasons.
- To verify your card on PayPal, log into your account, click Wallet, and select the card you want to verify.
- Then click on the Confirm Card link, then click OK, then PayPal will withdraw a small amount to your card, don’t worry; you will get your money back within a few days after the card is verified. To properly set up a PayPal account, you must verify your credit card.
When Paypay charges money from the card, the bank will report the balance change transaction on your phone message. It’s the 4-digit code you need in the form PP * 1234CODE. If you do not receive it, you should call the bank. (These 4 numbers are 1234)
- Just click the Wallet tab in your PayPal account, select the card you want to verify, enter the four-digit code, then click Confirm.
That’s it: you can now use PayPal to send and receive money. You have more ways to buy Vultr WordPress or worldwide payment.
A bank account process is more or less the same, with the biggest exception being PayPal making two deposits to your bank account with random amounts ranging from $ 0.01 to $ 0.99. , usually no more than $ 2.
When that happens, you have to enter these two amounts to verify your bank account, just like when you enter a four-digit code to verify your credit card.
And to answer your next question, no, you won’t be able to keep your deposited amount with PayPal – sorry about that.
Again: The steps to make PayPal account verification easy to remember:
- Click the Wallet tab and select the card you want to verify.
- Click the Confirm Card link, then OK, then PayPal will charge a small amount to your card.
- Check PayPal charges on your credit card statement and write down the four-digit code.
- Click the Wallet tab in PayPal again.
- Select the card you want to verify.
- Enter a four-digit code and then click Confirm.
If you later have a different card or bank account than your PayPal account, you must verify that.
Another thing to note is that PayPal may ask you for an identification form at any time.
This most often happens when a certain amount of money is transferred through your account. It varies depending on which country you live in, but it’s primarily a way to avoid fraud and tax evasion – which is a good thing.
OK, guys – that’s all you need to know about setting up a PayPal account.
As you can see, the process is free, easy, and doesn’t take long.
How to withdraw money from PayPal?
It’s easy to withdraw money from your PayPal account. You can transfer funds directly to your linked bank account, use PayPal Debit MasterCard if you have a PayPal Cash Plus account, or send by check.
Bank transfer (easiest)
You can buy domain hosting all over the world, for example, I bought domain name from Namesilo provider.
The most common way to withdraw money from your PayPal account is to transfer money directly to your bank account.
Log in to your PayPal account, enter the amount you want to withdraw, and choose a bank account to receive funds from. Click the Transfer button.
Expected arrival: 1 working day. Money transfers are made after 7:00 PM, excluding weekends. If you place orders at the weekend, it will be slow.
All transactions are subject to review and can be delayed or stopped if problems arise. The minimum you can withdraw is USD 1.
This is important: Make sure that the name registered on your PayPal account matches the name on your bank account.
Debit and prepaid cards qualify for Visa and MasterCard.
These cards are easy to create at Vietnamese banks.
Withdrawing money to your bank using a qualified debit or prepaid card is the faster way to withdraw money from your PayPal account.
Expected arrival: about 30 minutes.
All transactions are subject to review and could be delayed or stopped if the problem is identified.
There is a fee for withdrawals with your qualified debit or prepaid card. Additional currency conversion rates may apply when withdrawing money from a non-local currency.
PayPal debit card (need to create this card)
The PayPal Debit MasterCard is the fastest way to withdraw money from your PayPal Cash Plus account.
If you qualify, you can use PayPal Debit MasterCard® at most ATMs to receive cash from your PayPal Cash Plus account instantly.
Select a Check account when you withdraw money from an ATM. You can also use PayPal Debit MasterCard to make purchases wherever MasterCard is accepted.
You can withdraw up to $400.00 from your account from an ATM every day. Additional ATM fees in connection with cash withdrawals and foreign payments may apply.
Receiving checks (long time)
If you don’t want to transfer money to your bank account, you can request a check.
Log in to your PayPal account, click Transfer to your bank according to your balance, and click on Request an Alternate Mail Check.
Customers in the US will receive checks within 1-2 weeks. It can take up to 6 weeks for customers outside the US to receive the check.
2 How to transfer money between 2 Paypal accounts:
On the computer:
Step # 1: Sign in to your account
Transferring money between two Paypal accounts is very simple. After logging in to your account, go to the “Send and Request” section “Send & Request Payments.”
Enter the recipient’s PayPal email and click “Next.”
Step # 2: Enter the amount
Enter the amount, currency type, and add a note to let the payee know the amount is? Whose? Where you from?
Step # 3: Select deposit
After clicking continue in step 2, a page to choose how to send money will appear.
Check the box “Send money to friends and family.”
Select the first item Send money to friends and family (There is no fee for this transfer, other items have a minimum fee of 0.35 USD)
Step # 4: Choose balance or card
If you have a balance in your PayPal account, select “PayPal Balance.”
If you do not have a balance, select the card item or add a new card if you have not linked the card.
Step # 5: Confirm and double-check before making payment
In this final step, you need to double-check information such as:
- Change the way of transaction.
- Write down your notes.
Click “Transfer payment now.”
You can download the PayPal application on your phone to send money quickly.
- Go to Appstore on iPhone or Google play on Android search, and type PayPal is out.
- To transfer money, go to “Send.”
All money transfer operations are like on PC
PayPal was founded in December 1998 as Confinity, a handheld security software development company founded by Max Levchin, Peter Thiel, Luke Nosek, and Ken Howery.
In March 2000, Confinity merged with X.com, an online banking company founded by Elon Musk.PayPal was developed and established as a money transfer service at Confinity in 1999, sponsored by John Malloy of BlueRun Ventures.
Musk said he was optimistic about the future success of remittance business Confinity. Bill Harris (musk’s colleague) disagreed and left the company in May 2000.
In October of that year, Musk decided that X.com would terminate its other Internet banking operations and focus solely on PayPal remittance services.
The X.com company was renamed PayPal in 2001 and expanded rapidly throughout the year until its chief executive decided to make PayPal available for public use in 2002.
Paypal’s IPO is listed under the PYPL ticker at $ 13 a share and, as a result, has generated over $ 61 million.
What are the benefits of using Paypal?
Here we will go into the main issue in this article: the benefit of PayPal in online shopping!
Credit card security
When you sign up for a PayPal account, you’ll need to enter the credit card and bank account you want to use to make a one-time purchase on PayPal’s secure system.
When that’s done, PayPal stores that information and secures you, and you’ll never have to reveal your credit card information online again.
By paying with PayPal, you can keep your credit card information private, meaning you can shop without worrying about hackers downloading your account data from sellers online.
Reduce the hassle and hassle of trying to buy goods and services online to get your credit card declined.
Since you can set up multiple bank accounts, debit and credit cards to fund your PayPal account, you can rest assured that your PayPal purchase is always going through the first time.
PayPal will then seek money from your sources based on the order in which you determine it.
Transfer money quickly and easily.
Whether you need to send money to someone in the country or a friend urgently needs money in another location outside the territory, PayPal users can instantly transfer money to them with just one click.
Save time and money over costly Western Union transfers while getting money to where you want to send it faster than ever.
Perfect support iPhone devices
PayPal iPhone app makes it easy to shop online and transfer money wherever you are.
All you have to do is visit the Apple iTunes store and search for the PayPal app, and you’ll be ready to transfer, send money, pay your bills, review your transaction history and make purchases from the heart hand.
Since PayPal will ask you to confirm transactions with a PIN, you can rest assured that your finances are safe if your iPhone is lost or stolen.
If you meet someone you need to pay while out of town, tap your iPhone and make the transfer.
How can anyone talk about PayPal without mentioning eBay? Because PayPal is integrated with the online auction powerhouse, you can safely bid and buy.
Buyer protection and a structured complaint resolution process mean that eBay bidders have more protection than most credit card holders when it comes to one of the most popular online shopping sites.
Free of cost
One of the best reasons to use PayPal is its cost: it’s free. Right.
There is no annual membership fee, no processing fee, no service fee.
Shoppers who use PayPal get all the powerful advantages associated with the service and pay a penny.
PayPal sponsors special discounts for customers who shop with PayPal at selected retailers.
Users who visit shopping.paypal.com can find the latest special offers from HP, Barnes & Noble, Wal-Mart, Nike, etc.
The bottom line is that PayPal can save you money on the things you need where you shop.
To take advantage of your savings, all you have to do is copy the special promo code from the PayPal shopping Website and paste it into your order at the merchant’s website when you pay with PayPal.
Is Paypal really safe?
As mentioned above, the first thing that makes Paypal stand out is its security, safety level, and ease of use; if Paypal is effective, it will be easy to achieve efficiency.
This is considered as the electronic wallet with the highest security at the moment.
Using PayPal to purchase, you just need to enter your email and password PayPal, so it will be safer than using directly using a Visa card.
Besides, it is a famous business known worldwide; many online shopping sites support payment via PayPal.
However, to ensure optimal benefits, when using PayPal to transact, you should evaluate the sales website’s reputation, only pay through the official website, and be wary of fake PayPal emails.
Paypal is a potent tool that helps you to facilitate your work, especially online transactions to help secure your card.
When adding a card to Paypal, you are completely assured, but we are anxious when adding the card to other websites.
Although the fee for transferring money at PayPal is a bit more expensive, you are completely assured, you will surely agree to take a little fee to get this.
Hopefully, the article helps someone who is just starting to have a more general view of Paypal, the Paypal account creation, and the basic use.