How much do you know about PayPal? Well, if you are someone who uses it frequently, then you don’t need further introduction. If you are totally new to the world of online transactions, you probably need an introduction to the world of PayPal. Furthermore, you would probably like to know how to get a free PayPal account. Long story short, PayPal is a tool that will allow its users to do money transactions online.
If you are using PayPal, you don’t need to worry about information that banks would usually ask for. That is not something that should concern you, because this method is one of the most secure systems for money transactions in the world.
How to Get Free Account?
In order to get all the benefits of PayPal, you need to create an account and put some money into it. Money sent to you will arrive in a matter of minutes. However, you must have your own bank account, which will receive the money you get on your PayPal account. Also, you don’t need to worry, because all the major sites in the world are using this method of money transaction. And the best thing, creating a PayPal is very easy, and it is free.
How Can You Create an Account?
There are several methods to choose from when creating a PayPal account. As we already said, the creation of the account is free and will have the option to choose from a business account and the personal one. But before you start using it, you need to learn how it works. You can deposit some money in your bank, which will serve as PayPal funds you can spend in an online purchase.
Personal Account
With a personal PayPal account, you will have the option of acquiring products from a wide range of stores which accept this method of payment. Also, if you are having a personal PayPal account, you are eligible for reward points.
You will not be entitled to pay some additional fees. You will have the option to pay in more than twenty world’s most important currencies. All you need to do is go to the PayPal website and sign up for a personal account. You would need to input certain information like your email, password, country, etc.
Business Account
As its name is saying, a business PayPal account is for people who have their own business and want to receive payment. This account only serves as a one-way transaction. So, you can’t use it for online payment. When you have a business PayPal account, you will able to accept payment from both Visa debit and credit cards, without any additional fees.
Remember, you should create this type of account only if you have your own business. When registering, you will be offered two types of payment, PayPal Payment Pro and PayPal Payment Standard. Choosing a standard option will result in website charging you with a $35 per month. After submitting your email address, you should input other information needed for completing the registration.