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Home » PayPal Info

How to Sign Up for PayPal

28 August 2009 Posted by: Denise Comments Off on How to Sign Up for PayPal

Setting up a PayPal account will enable you to receive payments and purchase items online with ease. Many people and businesses accept PayPal especially since they let you accept credit cards without having a merchant account. It’s a safe and easy way to take and make payments on the web. So let’s set up your PayPal account now!

There are 3 types of accounts at PayPal: Personal, Premier and Business.

  • Personal accounts are mostly used for buying and have a limit of receiving funds of $500.00 in a single month. If you exceed this amount, your account is put “on hold” until you upgrade to a Premier or Business account.
  • Premier accounts are used for buying and selling using your personal name.
  • Business accounts are for buying and selling using your business or corporate name.

 I would recommend starting with a Premier Account if you intend to start an online business. You can upgrade to a business account if you decide to incorporate or use another business type. After filling in your personal info and clicking submit, check your email. Click on the link in the email and enter your email and password to access your PayPal account. After setting up the security questions and answers and clicking continue, you will be able to enter your bank account & credit card information. Make sure you save your PayPal email address, password and security question answers somewhere safe in case you need them later.

 In the next post I will show you how to add your bank account to Pay Pal so you can start sending & receiving money.

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