{"id":70656,"date":"2020-07-09T06:00:00","date_gmt":"2020-07-09T10:00:00","guid":{"rendered":"https:\/\/www.online-tech-tips.com\/?p=70656"},"modified":"2020-07-13T14:11:21","modified_gmt":"2020-07-13T18:11:21","slug":"how-to-set-up-a-paypal-account","status":"publish","type":"post","link":"https:\/\/www.online-tech-tips.com\/how-to-set-up-a-paypal-account\/","title":{"rendered":"How To Set Up a PayPal Account"},"content":{"rendered":"\n

There have been plenty of online financial transaction tools available to the public for quite some time now. Venmo, TransferWise, Stripe<\/a>, and Payoneer to name a few. Yet, none of these have been able to reach the popularity of PayPal.<\/p>\n\n\n\n

PayPal is useful for anyone who doesn\u2019t want to add their financial information to every website or track every purchase made online. PayPal is a great way to maintain financial privacy and make convenient transactions without the security vulnerability that comes with entering credit card or bank account information for every purchase.<\/p>\n\n\n\n

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If this is your first time learning how to set up a PayPal account, it doesn\u2019t require as much time or effort as you’d think. In fact, it\u2019s actually rather simple.<\/p>\n\n\n\n

Types Of PayPal Accounts<\/strong><\/h2>\n\n\n\n

First of all, there are two primary types of PayPal accounts to choose from when you set up a PayPal account: Personal and Business. Each account type has certain benefits. The account you choose depends on your reasoning for creating the account in the first place. <\/p>\n\n\n\n

A personal PayPal account is meant for the typical online shopper. If all you plan to use PayPal for is to send or receive payments from friends or do a bit of online shopping, all you\u2019ll need is a personal account.<\/p>\n\n\n\n

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There used to be a Premier account upgrade option that has since been merged into the personal account. However, not everything offered by the premier account was rolled into the personal account. Instead, those features have been included in the business account.<\/p>\n\n\n\n

The business account option is specifically set up for businesses. Selling products online and looking to accept payment in the form of credit and debit cards? A business account may be for you. A PayPal business account allows up to 200 employees to access the same account as well as other business related benefits<\/a>.<\/p>\n\n\n\n

Setting up either type of PayPal account follows roughly the same process and takes little time at all.<\/p>\n\n\n\n

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How To Set<\/strong> Up A PayPal Account<\/h2>\n\n\n\n

Before setting up a PayPal account, have your credit or debit card, or your bank account information ready. You should also grab an alternate form of identification such as a bank or credit card statement or a government issued ID for verification purposes.<\/p>\n\n\n\n