Is Paypal good?, free or paid? All about what is paypal what is it for? How does it work, is it safe and reliable? Check it out and learn how to buy and sell with paypal and earn extra money.
What is PayPal?
paypal It is one of best most used payment processors in the online sector, operating since 2000 and available to all countries. Mozambique, Portugal, Angola, Brazil, etc.
What is Paypal for?
We may have an account primarily for:
*.Receive money online: if we are sellers of products or services (for example, if we have a store or e-commerce), or if we want to receive payments from sites that pay in this way.
*.Buy online: we can buy online anonymously and without unnecessary hassle. PayPal offers protection based on the purchases we make over the internet.
*.Send money to our friends or family: you can send money abroad instantly and for free, avoiding the high commissions that banks charge when carrying out this type of transaction
How to create a PayPal account?
Creating an account on paypal is free, “free” paypal is not paid, an account ready to stop will take no more than 2 minutes. We go through steps:
1. We enter the PayPal page, you can do it from paypal. In the upper right margin and click where it says “Create Account”.
2.Select the type of account, in this case we will create a “Personal account“.
3. In this step, we will indicate the country of residence, e-mail and password.
4. Finally, we fill in our personal data, accept the terms and conditions and click on “Continue”.
It is recommended to enter real data, so we will have no problem verifying our account. Once these steps are completed, we will have to open our email inbox and click on the confirmation email we received. And that's it, we'll have access to our PayPal account.
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How to verify a PayPal account?
We will add additional information to paypal to prove that we are who we said we are. The way to do this is to associate Paypal with our bank account or credit card. We recommend doing it better by bank account.
1. For this, we place ourselves in the menu and click on “Money”.
2. We select the link bank account or credit card link. We click on the option that interests us most.
3. We present the series of digits of the bank account that we want to link.
When we enter the bank information, PayPal will make two small deposits to our bank. It may take several days to reflect. Once we have the deposits available, we return to our PayPal account and add the deposits via the verification form. If, on the contrary, we decide to do it by credit card, our account will be verified instantly.
PayPal can make a phone call to the number indicated in the registration, so that our account is verified 100%.
Conclusions and advice
THE PayPal is the perfect solution to buy and sell in your online store, but we have to take into account several notes that I consider important:
*.Do not use false bank information to verify the account as this is considered fraud and may initiate legal action against us.
*.Accounts that are not verified have a limit for sending money set at €2000. Once this amount has been reached, we will have to verify the account to continue making transactions.
*.If our account is not verified, we will not be protected by the Seller Protection Program. That is, if a customer cancels a payment with a credit card after having paid us and the case is resolved in the customer's favor, we will lose the money. When this happens on verified accounts, PayPal refunds the seller for the money lost after the payment is canceled, as long as the transaction was carried out in accordance with PayPal's terms and conditions of use.
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