PayPal…How to Open an Account?

PayPal

What is PayPal and how important it is in online freelancing?

Basically, before we started working,  the first thing we would like to know is how we will be paid.

How do I get paid for my work?

Do I need to open a bank account?

Will they send me checks?

I frequently received questions related to online working specifically about payment. Apparently,  the monetary aspect is the main concern of almost everyone who is interested in starting an online career. That is understandable since we need to make sure we get will be paid before we set out to work.

Online sites may opt to pay you for the work you’ve done through different payment processors. Every day, more and more money processing sites are opening along with the growing numbers of online opportunities.  But the most common among online workers is PayPalThat is why online workers, marketers, traders, networkers and other freelancers are doing their best in order to have a verified PayPal account.

Being an online worker, we need to adapt to changes that may occur as we continue our journey in this fast-paced changing environment.  Policies may be modified anytime and we should be aware of these to ensure a smooth transaction especially with that concerning money. After all, that is the primary reason why we are working online. Anything can happen in a split of a second. As the saying goes, the only thing that remains constant is change.

I have written an article about opening an account several years ago and I guess I need to make an updated version that could be used by incoming members. There are some minor changes on the sign-up page creating some confusion over new members.

First of all, be ready with your email and keep it open in another tab for fast reference. Another reminder is that when you are planning to work online, make sure you create a new email account specifically for that purpose. This would make your transactions easier and more organized.

Below are the updated steps for creating a PayPal Account: 

Step 1. Go directly to www.paypal.com and click Sign Up Now. You will be directed to a new page with the two options, Buy with PayPal and Receive Payment with PayPal. Choose Buy with PayPal – Click Get Started. This is the same as personal account while the other option would be suitable for online businesses. The only difference the new sign up page with the previous sign up page was that the old one has three (3) options personal, premier and business while the present only has two, Buy with PayPal and Receive Payment with PayPal.

PayPal Sign Up Page
Create PayPal Account

 

Step 2. Upon clicking the Receive payment with PayPal option, another blank form will appear on the screen.  On the same page, you will be required to enter your email address and preferred password for your account.

 

PayPal Sign Up Page
Sign Up Page

 

Step 3. You need to enter your personal details, birth date, and National ID number on the form on the screen.  Your phone number will be required in the next form.

PayPal Sign Up Form
Sign Up Form

Step 4. You will be receiving a notification from PayPal to verify your email. Proceed immediately to your email account and look for the message from PayPal requiring you to click a link for your email to be verified.

Congratulations! You now have a PayPal account.

But still, your account is unverified and you need either a Visa or Mastercard to verify your account. Apparently, unverified PayPal accounts are no longer accepted in most online working sites nowadays. There are several ways in order to verify PayPal account and the easiest and the most convenient way that I experienced is through the use of PayMaya.

Top Ways to Receive Online Payment

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Sharon Lopez

Sharon Lopez is an online freelance worker and at the same time a full time government employee. Graduated from the Divine Word College of Legazpi, Legazpi city with a Bachelor's Degree in Commerce, Major in Banking and Finance. She has been working as an online writer, blogger, call auditor and involved in other online jobs which she is doing on a part time since 2010.

36 Replies to “PayPal…How to Open an Account?

  1. Definitely helpful information for newbies to the world of PayPal. Like some others commenting here, I’ve had my account for ages and I love it.

  2. I know some people swear by PayPal. I know the whole setup just seems to make me very nervous. I am not sure why. Just don’t feel like I can trust it.. You do make it sound very easy to sign up though. And I can see how it would be useful in getting payment for many things.

  3. It seems like an easy enough set up. It is crazy to think about how many different payment options they have now. I know along with pay pal there is also venmo and then snapchat has its own thing as well. Eventually, there will be more than really needed.

  4. I love Paypal and it comes in handy so often !! Plus on the occasions that I am running low in my checking I can pay with my paypal and transfer money the next day and its secure:)

    1. Hi, Jay! Yes, PayPal can be used as a payment option. I love that feature. I used it for purchasing plane tickets, shopping. Although for transferring fund to my bank account, it would take two banking days. Yes, I know some banks offer one-day transaction. Thank you for dropping by.

  5. I love Paypal but I remember being intimidated by it at first because I didn’t really understand how it works. This looks like a helpful guide for someone like me!

    1. Hi, Nellwyn! Reading some guides can be a great help for us. Some of my friends are finding it difficult to open and to verify their account. That is why I decided to write an update for opening and verifying PayPal account. Especially now that they are requiring National ID before an individual can open an account. Thank you for dropping by!

  6. This is a great post for those wanting to open a PayPal account. It is so easy to use PayPal for transactions. An account can make it so conveniently easy to make purchases as well as sending and receiving money. Thanks for sharing the information.

  7. Well, all adults in my family have PayPal accounts and they seem to enjoy using it a lot, so I’ve been thinking about opening an account when it’s time to 🙂 After reading this article and people’s comments my desire has just enlarged haha 🙂 Thanks a lot for your detailed instructions Sharon!

    1. Hi Pham! That’s good to know that my article seems to encourage in creating an account. That would be a great help I’m sure. Thank you for sharing your thought. Have a wonderful day!

    1. Hi, Amber! I too would always share with my friends the benefit of having a PayPal account. Although, this is not yet very popular in our place unless the person is working online. Thank you for dropping by.

  8. I absolutely love using PayPal. It’s so quick and easy. Last month I opened up a business PayPal account so I’d have a special one of my own and not have to use my husband’s account. It will help us keep things straight come tax time!

    1. Hi, Angela! Actually, there is already a change in the process of opening a PayPal account. I just noticed the change when one of my referrals in my other online work was requesting for help in opening an account. That is the reason why I wrote this article. Thank you for visiting.

  9. I love PayPal. Always make me feel so much better to use PayPal than input my card number onto a website. I wish more retailers offered it during checkout! Also makes getting payment from others so much easier

    1. Hi Jenn! Same here. PayPal was the very first payment processor that I opened and used for so many years. Although I already have several processors, I still prefer to use PayPal. Especially now that they are offering rebates. Thank you for dropping by.

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