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Thursday, December 23, 2010

How to open a Paypal Account -By Dharmendra K Gupta

How to open a PayPal account

Here are the steps to open a PayPal account.
Do note that unverified accounts have a sending limit of $100. To be
able to send without limit, the account must be verified and enrolled
in the Expanded Use Program.
How to open a PayPal account

• 1. Sign up for an account by visiting the PayPal website and
clicking the "Sign Up" link located at the top-right portion of the
page.

• 2. Choose the PayPal Account Type applicable to you. First, select
the Country or Region where you live.

Choosing your country from the drop-down menu opens a page that shows
three PayPal account types.

Personal Account is obviously for personal purposes while Premier
Account and Business Account are merchant accounts used for online
businesses.
Unless you are sure you want and need a Premier or Business Account, I
suggest you choose Personal Account first. You can upgrade to Premier
or Business Account anytime, but cannot revert to Personal Account
once upgraded.
Confirm your "Language Preference" then click the "Continue" button.

• 3. Fill up the Account Sign Up Form. Completely and correctly fill
in the sections "PayPal Account Owner Contact Information," "PayPal
Account Login," "Password Recovery," and "Security Measures" then
click the "Sign Up" button at the bottom.


• 4. You're almost there! You are now asked to verify your account by
adding a credit or debit card. You may choose to add one at this stage
or skip this step and move on to the next by clicking the "Cancel"
button. Remember, though, that adding a card and enrolling in the
Verification Program are necessary to be eligible to withdraw PayPal
funds.


• 5. Almost done! In order to complete the registration, confirm your
email address. Do this by checking your inbox for a PayPal email then
click the confirmation link there. You may also choose to confirm your
email address later by clicking "Continue" in this page.

• 6. Hurray! You now have your own PayPal account. The Personal
Account Overview page will contain your name, email address, and
account status.
Congratulations! You now are a certified PayPal account holder!
How to verify my PayPal account?
Verified PayPal members living outside of the U.S. complete the
Expanded Use process by:
1. Confirming their email address
2. Adding a credit card
3. Entering the Expanded Use Number
How to complete the Expanded Use Process?
First, add a credit card to your PayPal account.
1. Click the My Account tab.
2. Click the Profile subtab.
3. Click the Credit Cards link in the Financial Information column.
4. Click Add.
5. Fill out the Add Credit Card form.
6. Click Add Credit Card.
7. You have successfully added your credit card to your PayPal account.
Second, enroll in the Expanded Use Program.
1. Upon adding your credit or debit card, complete the Expanded Use
enrollment wherein PayPal charges your card a small fee ($1.95).
2. The fee appears on your bank account statement accompanied by a
unique, randomly generated four-digit Expanded Use (EXPUSE) number.
3. Locate your four-digit Expanded Use number, either on your next
paper or online credit card statement. The Expanded Use number is
located right before the word PayPal in the description of the
Expanded Use fee charged to that credit card.
4. Log in to your PayPal account and click the Complete Expanded Use
Enrollment link on the Account Overview page to complete your
enrollment.
It usually takes 2-3 business days for the PayPal Expanded Use Number
to appear, depending on the issuing bank. If you do not have online
access to your statement, wait until you receive your physical
statement to check your four-digit PayPal Expanded Use Number.
Spread the word and invite others to open a PayPal account now!

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