Are you searching for a faster, more reliable, and more secure way to make online payments, receive funds, and make online purchases? Then, you need to make use of PayPal. Since its inception in 1998, PayPal has consistently established itself as a trustworthy and convenient platform for online money transfers.
Over the years, it has garnered widespread popularity and has become the preferred intermediary service for online transactions and purchases. PayPal offers millions of internet users a secure and user-friendly way to send money to one another.
By opting for this platform users can mitigate stress and minimize the risks associated with other available alternatives. On this platform, users can send and transfer funds right from their smartphones. It is designed to make online transactions hassle-free and seamless.
Aside from making online payments on this platform, you can also buy and sell cryptocurrency ranging from Bitcoin to Ethereum, Bitcoin Cash, and Litecoin using your wallet.
However, this feature is limited to users in the United States and other countries. Nevertheless, PayPal is a secure and reliable platform that makes online payments simple and easily accessible for all.
Benefits of using PayPal
There are a few benefits you need to know about the PayPal platform. PayPal is a fast and easy way to purchase things online. The PayPal service is the preferred method of payment on many shopping websites on the internet platform. So here are the few benefits you need to know about the account:
- Flexibility for Sellers: With PayPal users, even very small-volume sellers can quickly And easily accept payments that originate from buyers’ credit or debit cards.
- Speed: PayPal transfers between sellers are always instant, as are transfers from PayPal to bank accounts, and this can take at least 24 hours to drop.
- Affordability: The fee on the PayPal account is 30 percent on any transaction, plus 3 percent of the total amount of the transaction.
- Safe Buying: It also offers buyers guarantees and a specific process for disputing transactions.
- Account Privacy: The account is secured, so rest assured about that.
- Ease of Record-Keeping: The PayPal history process takes you back to the day the account was opened.
- Acceptance Online: PayPal is now a common method of payment on many shopping website platforms, as well as websites that accept payment for any other reason.
How to Create a Paypal Account
Creating a personal account is like creating an individual account that allows you to make payments to anyone you want to make transactions with using your email address. With a personal account, you can receive and make payments without incurring fees. To create a PayPal account,
- Go to www.paypal.com
- Click the Sign-up icon.
- Select a personal account and click Continue.
- Afterward, select your country/region using the drop-down arrow.
- Enter your first name and last name.
- Next, enter your email address and create a strong password.
- Then, agree to the Terms & conditions by clicking on the checkbox
After filling out the first option in the Create PayPal Account section, you will be required to fill in more details, like adding your credit or debit card to your PayPal account. These steps are just the steps on how to sign up for a personal account.
How To Link My Bank Account To PayPal
After creating an account, you will need to learn how to link your bank account to PayPal. In this part of the article, we will be showing you steps and guidelines to successfully link your bank account to PayPal. Follow the steps and guidelines below:
- Visit the official website of PayPal Online.
- Locate and click on Link Wallet, and follow the prompt.
- Or open the mobile app on your device.
- Hit the wallet icon.
- Then, tap the Plus icon from Banks and Cards.
- Select Banks
- Lastly, follow the on-screen instructions.
PayPal Login
First of all, the sign-in or login process is very simple. You need to be an eligible owner of any of the PayPal accounts, either business or personal. However, the requirement for the PayPal account login includes your email address or number and password.
Login On Web
- Go to www.paypal.com which is the direct link to the Paypal Account Login portal.
- From the login page, enter your Email address or mobile number.
- Click Next.
- Enter your account password.
- Lastly, click Log In.
On Mobile
- Open the app on your Android or iOS device
- Click the login icon and provide your details.
- Email address or phone number.
- Password.
- Lastly, click Log In.
How to Change Your PayPal Password
Do you want to change your password? It’s a good thing to do if you do not feel it’s safe to keep using the old one. However, there are two ways you can change your password. One is on the login page if you have actually forgotten your password. While the other is in your account. That is after logging in to your account. So, to change your password, you can follow these steps below:
- Log in to your PayPal account from the PayPal homepage.
- Enter your email and password and press login.
- Access your profile. Click on “settings,” the icon in the menu bar near the top of your screen.
- This will redirect you to your account information.
- Go to the “Security” menu. On your account page, click the Security tab from the menu bar. This menu actually lists a number of available security options.
- Edit your password. Click the “Edit” button to the right of the “password” listing.
- This will take you to a page to change your password.
- Enter your old and new password information.
- Enter your current password and your desired new PayPal password into the field.
- You will need to enter your new password a second time to make sure there are no mistakes.
- Save your changes. When you are ready, click “Change Password”. Then your password has been changed.
However, to change your password, go to the login section. That is if you can’t remember the old password. You can just click on the “Having trouble logging in” button on the login screen. And follow the onscreen steps to recover your account. Note that you cannot change your account password using the PayPal mobile app, but you can use the app to request a password reset.
How To Send Money Using PayPal
If you would like to send money via PayPal, there are a few steps and guidelines that you will need to follow. In this part of the article, we will be showing you steps and guidelines to send funds online and through the app.
How To Send Money Using the Website
- Firstly, open your computer’s web browser.
- Sign in to your account.
- Next, go to Send and Request.
- Then, enter the recipient’s name, PayPal username, email address, or mobile number.
- Hit the Next icon.
- Then input the amount, choose the currency, add an optional note, and click Continue.
- If available, select your payment type.
- Then, select how you want to pay and click Next.
- Finally, review the information and click Send Payment Now.
On Mobile
If you have the mobile app on your device, follow the steps and guidelines to send funds to your friends and family.
- Open the mobile app on your device.
- Sign in to your account.
- Hit the Payments icon.
- Next, enter the recipient’s information, including their name, username, email address, or mobile number.
- Then, enter the amount and select the currency.
- Add a note (optional) and hit the next icon.
- Lastly, choose your funding source, review your information, and tap Send.
How To Withdraw Funds From PayPal
In this section of the article, we will be showing you steps and guidelines on how to withdraw funds from your account. Firstly, there are basically two ways to withdraw your funds, and this includes instant and standard transfers. The instant transfer entails your eligible debit or bank account, and the standard transfer is to your bank.
- Visit the official website online.
- Alternatively, open the mobile app on your device.
- Login to your account.
- Next, locate your wallet.
- For mobile users, click on your PayPal balance.
- Hit the icon, Transfer Money.
- Then, click Withdraw from PayPal to your bank account.
- Next, choose the option Instant (Free) or Standard (Free).
- Lastly, follow the on-screen instructions.
Following the above steps and guidelines carefully, you can easily withdraw your funds from PayPal right from the mobile app or through the website.