How To Create A Free PayPal Account Step By Step 2021 – It is Paypal Holdings, Inc. an American company whose objective is to offer the user an easy and secure way to manage money online. For that reason, it offers basic options to make payments or purchases with your accounts, as well as to receive donations from third parties. Learn here how to create a Paypal account, keep reading!
How To Create A Free PayPal Account Step By Step 2021
It is a new way to send and receive payments online without having to provide credit card details on unknown web pages, it makes the Paypal platform one of the most efficient and secure ways to protect savings accounts from possible scams. or usurpers
How to create a PayPal account?
Although Paypal is known colloquially as “the online bank”, it must be remembered that this payment system is not regulated by the same laws that govern banks, since, among other things, the user is not rewarded with no financial benefit for keeping your money in this account; that is, it does not have any interest rate.
Regarding the purchase and sale of goods or services, this payment network charges the user a commission, which varies between 1.9% and 3.4% + 0.35 euros for the recipient of the payment. The data is securely protected with an automatic encryption method and multiple frauds and scam protection systems that are repeatedly improved and updated.
In any case, the electronic wallet does not save money to make payments to third parties, deposit money in one account or open several different accounts. More and more online shopping users are joining this fast form of payment, and there are already more than 80,000 businesses that allow payment through Paypal, which makes online “shopping” an increasingly important activity. habitual, fast, and safe.
1- Access to the website
The first thing you should do to create your own Paypal account is to go to www.paypal.com and click on the ” Create a free account ” option.
2- Choose your type of account
You should know that the platform gives you the option of having one of 2 types of account: ” Personal account ” and ” Company account “.
- Through a Personal or Premier account, you can make online payments without having to pay a commission on your Paypal balance; with Visa, MasterCard, and American Express credit cards; and with debit cards from Bancomer, Banamex, Banorte, HSBC, Santander, and Inbursa.
- The second option is suitable for individuals and companies or businesses that want to receive payments online; therefore, users must pay a fee when receiving payments.
3- Provide your data
In this third section, you will have to provide information such as:
- Country of residence
- Last name
- Email address
After you have provided this information and clicked ” Continue “, you will be asked to provide additional information about the style, for example, Nationality
- Address bar
- Postal Code
- Phone number
- Date of birth
4- Accept and create an account
At the end of this step PayPal will automatically send you an email to confirm your email, in many cases, it will end up in the spam folder of your email service, so you should also check there to confirm your account.
5- Linking the card
As you should already know, when you register your Paypal account, you will be given the amount of money you choose to load; you must link a credit card with which to receive this amount or link your bank account for purchases on millions of websites by adding your IBAN.
In this last step, you must enter the card number, the expiration date, and the CVV or real value. Next, to link your bank account to your Paypal account and be able to transfer money to your balance, you must enter information from your checking account such as:
- 4 digit bank
- 4 digits of the bank branch
- 2 digits DC
- The 10 digits of the card number
Or you can access it by directly entering the IBAN.
Can I create a Paypal account without a credit card?
Paypal has 3 ways to pay and buy online:
- Paypal account balance, which can be financed by online bank transfers or third-party payments via Paypal.
- Visa, MasterCard, and American Express credit cards
- HSBC, Banamex, Bancomer and Santander debit cards
Eventually, your online wallet can be recharged if you receive Paypal payments using the first option; In any case, you need to have a checking account to transfer money online and agree to pay through this system.
In conclusion, yes, it is possible to create a Paypal account without a credit card if you have a bank account, as we said, although with some restrictions. In any case, these small restrictions will not harm you too much in the daily use of the account, as long as you do not handle large amounts of money.
The most common way to manage a Paypal account without a credit card is to register with Neteller (a free online financial service) and create a virtual card. This process may not be as straightforward as normal web registration, so we recommend that you grab a pen and paper and take the time to create a Net + card.
After you have done this, you have to create a new account on the Paypal website with your data and then, when asked to link it to your credit card, you provide the data of the Neteller card that you have already created.
What follows is verification, which consists of answering a few security questions and confirming your identity via email, which will be sent to you.
Frequently asked questions about registering a Paypal account
When you think about creating a Paypal account, many questions and ideas arise. In this section, we will answer the most common questions.
Can I add more than one card to my Paypal account?
When you create your Paypal account, you often want to link more than one card to your account, but is this possible? The answer is yes.
There is a maximum of 4 credit cards that can be linked to a Paypal account. In already verified accounts, the limit is doubled and up to 8 credit cards can be linked. These cards can be linked to the following companies: Visa, MasterCard, and American Express.
In order to execute this association, you must log in to your Paypal account and go to the ” Wallet ” section, which is usually found at the top of the online page, or in ” Menu ” – ” My wallet “.
At the bottom of this screen, you will see your linked bank accounts and debit or credit cards. Here you will see that this gives you the ability to link several cards in the same account, and this is where you will find the solution you have been looking for.
After you get to this point, you will have to follow the same procedure as when you linked your first card, filling in the information requested by the website.
How to verify my credit card or bank account in Paypal?
The credit card verification section is a procedure that Paypal requires to verify that you are the owner of the card with which you have provided your data. To do this, once you have accessed your Paypal account, you must go to the ” Menu ” section and then click on ” My portfolio “.
After you are on this screen, you must choose the card you want to validate or confirm and then click on ” Confirm card “. At this time, PayPal will charge your card a certain amount of money and will inform you that you are carrying out this transaction. This amount (normally very minimal) will be refunded once confirmed, in some cases, this can take up to a month.
By following this simple process, you will be sure that the amount charged to your PAYPAL appears on your card statement along with the 4 numbers. If you already have this numeric code, you will have to go back to the screen you were on before adding the 4 digits.
How can I delete or delete my Paypal account?
If you want to get rid of your Paypal account or unsubscribe, we show you some simple steps that you can follow to carry out this procedure.
- You must first log in to your Paypal account online.
- After logging in, select the ” Profile ” option.
- In this section, click on ” Advanced Settings “.
- On this screen, at the bottom, you can read the option ” Close account “.
- Now you just have to follow the steps indicated and fill in the required information to close your account.