PayPal Holdings, Inc., an American company, manages an online payment system to support online money transfers in most countries around the world. PayPal can be seen as an alternative for traditional payment methods such as checks and order.
PayPal has fully developed a payment mechanism in this new digital era. Not only individuals, also serving the needs of small organizations with low-cost services. The company pays attention to the security of digital fund movements. PayPal makes it easy to make or receive online payments and apart from it, you can even use credit card services. You can access PayPal on the web browser also using applications available for Android and iOS devices. So, if you are interested in starting a trip with PayPal, keep reading to find out more about making accounts, steps to login and other benefits of having a PayPal account.
Highlighting Features of PayPal
PayPal is used throughout the world to make payments or transfer funds online and are quite popular for some time now. You can create a personal or business account with PayPal and after you have finished creating your PayPal account, you are enough to enter to take advantage of the following features:
- Avail of unlimited discounts on purchases from various online retailers.
- Avail cashback offers on the purchases you make from several retailers.
- Get finances for purchases in bulk
- Make quick online payments from anywhere in the world.
- Credit Cards service by PayPal via Synchrony Banks.
- Withdraw the PayPal balance if and when required.
Steps to Sign Up for a PayPal Account
To sign up for a PayPal account:
- Go to the official website of PayPal i.e. paypal.com
- Click on the ‘Sign Up for Free’ button given in the center of the screen.
- In the next step, you have to select if you are creating an ‘Individual Account’ or a ‘Business Account’ and then click on ‘Next’
- If you have selected ‘Individual account’:
- You will be required to enter your phone number and press ‘Next’.
- Then enter the verification code that you have received on your phone number.
- After that, enter the required information to finish setting up your PayPal account.
- If you have selected ‘Business Account’:
- Enter the email address that you want to link to your PayPal account; press ‘Continue’.
- Then enter a password for your email address
- Select the required option from the “I’m looking to accept payments” drop-down.
- Then you have to choose your annual sales volume and press ‘Next’.
- Provide the required information like your personal or bank details and once you are done entering all the information, click ‘Confirm’.
That’s how you can simply sign up for a new personal or business PayPal account.
4-Steps Log In to your PayPal Account
Once you have created your PayPal account, you can login to your account whenever you want to make or accept payments by simply following the given steps:
- Go to paypal.com
- Click on the ‘Log In’ button in the top-right corner.
- Enter your email address or mobile number that you have used to create your PayPal account; press ‘Next’.
- On the next page, enter the password and click on ‘Log In’.
Login Issues with PayPal Account
Oftentimes it can be difficult for a PayPal user to login to his accounts and this can be due to several reasons. For instance,
- You are not able to login due to a poor internet connection
- The PayPal app is not updated
- The browser you are using to log in to your PayPal account is outdated
- You don’t remember the correct email or password of your PayPal account
- The browser is full of cache and cookies
Reset your Forgotten PayPal Login Password in Few Simple Steps
No need to worry if you don’t remember your PayPal login password because this can happen to anyone. PayPal lets you reset your password, whenever you need to, use your telephone number or email address. You can follow the step-by-step instructions provided here to reset your PayPal password:
-
- Go to paypal.com
- Enter your email address or phone number and press ‘Next’.
- On the next page, click on the option ‘Forgotten password?’
- Next, you have to enter the email address that you use for your PayPal account; click ‘Next’.
- Next, you have to select whether you want to receive the verification code on your email address or on your phone number and then hit ‘Next’.
- Next, you have to enter the code that you have received on your mobile phone or email address and then press ‘Continue’.
- Then you will be allowed to change the password of your PayPal account; enter the same password twice to confirm and click on ‘Save’.
That’s how you can reset your PayPal account password every time you forget it. To reset your PayPal account password using the application, you must follow the same steps, and then you can enter your PayPal account using a new password.
How to Withdraw Funds From PayPal Account?
Not every time you can use your PayPal account to buy goods or services and may require a number in your bank. During such situations, you can use the PayPal withdrawal feature after you enter your personal account as described here:
- Login to your PayPal account using the app or a browser.
- Open your PayPal wallet
- Select the ‘Transfer Funds’ option
- Then select ‘Transfer your Bank Account’
- Follow the instructions provided to you carefully
- Make sure to check the amount that you are going to withdraw before you end the procedure.