How to Create an Account in Paypal & Withdrawal Options
I am sharing this post about with you all, how to create a PayPal account and how to cash out from there. So make sure you stay with end of the post so that you get to know what you shouldn’t click on PayPal’s portal or the easiest way to get your money and the requirements to create a PayPal account. So let’s go!
The first thing you need to do is going to their website using your browser. It’s PayPal.com and you’ll find this page.
On the upper right corner, you will see these two options: log in and sign up. Of course, we are going to select sign up since we are new.
Once finish clicking the sign up. It will give us two options: Personal Account or Business Account. A lot of people get confused here because what you really need to select is “Personal Account”.
While creating account please use the name you use on your bank accounts. That is what you need to use as first and last name.
Make sure you are use real ID name and all of your documents name having the same.
Then click on next. And then you will see this page with the form, just input your details. And then let’s click on next. It’ll say “Welcome, Rozy or name which you are creating account! Let’s create your account now.
So justt input your information as required in the form and click on next. And then it’ll make you choose an ID for verification.
This is how e-wallets or accounts that we create online that are money-related work in which we input our funds. It’s normal for them to ask us an ID for verification. Like the driver’s license, Passport, Voter ID.
The ID you’ll have to choose needs to have the same name that you used on your PayPal So make sure you don’t use aliases.
You can use driver’s license, national ID and passport. The ID requires a picture, an ID number, an address and I think that’s it. It needs to have a date of birth.
We can choose the national ID and ID number. Just input it. Put the ID’s address. Fill in everything and click on “Agree and create account”.
The next thing you’ll see is the security challenge. Click on “I’m not a robot”. Then PayPal will send you an email on the email address that you used to confirm your email address.
So, click to activate account. Then enter your password to confirm. You can also add your mobile number.
You’ll then see your dashboard. Once you’ve done so and you’ve confirmed your account you can now receive payments on your PayPal.
So it’ll go right through it. You now have a PayPal email address that you can send to your client or whoever wants to send you money and you can receive it on your PayPal account.
How do we withdraw our funds from PayPal?
The most common way is to link our bank account or credit card.
All you have to do is click here on the dashboard, on “Link your bank” You can input your bank name, bank code, and account number.
My main bank, for example, is XYZ. So let’s type in your bank name. And then it’ll auto-fill once you select it.
For example, let’s try Bank of India, India. The bank code will auto-fill.
You’ll only need to put your bank account. And make sure that the name here below is the same as your bank account’s name.
So that there won’t be any extra fees. Because if for example someone sent you money but it bounced back you might get charged because they have bouncing fees. Once it’s linked you can withdraw.