Today PayPal has become a key ingredient of Internet Business World. You cannot ignore PayPal Services if you want to earn online. And if you are a newbie, stepping into this amazing world of internet, willing to make some decent income, then you absolutely need to understand everything about PayPal.
So what is PayPal actually?
PayPal is like a Virtual Bank but not really a Bank which gives you freedom of making monetary transactions without any risk of revealing your personal info to the other party.
Currently PayPal is a prominent money transferring company having more than 87 million active accounts in 190 markets and 24 currencies around the world.
It is by far the faster and safer way of sending or receiving money online. The most appealing feature of PayPal Services is that it is absolutely amatuer friendly. It doesn't matter if you have a profound knowledge of finance and commerce or you are a fresher stepping out of school, PayPal serves equally to all.
Is PayPal free?
YES!!!
PayPal is absolutely free to join. If you are sending money to someone, making donations, buying products online, then PayPal doesn't charge anything from you. Only sellers are charged certain percentage of their income in PayPal Account.
What are the requirements to join PayPal?
One of the main reasons of widespread popularity of PayPal is the convenience and ease of using it by anyone and everyone.
You don't need to be technically sound, no need to have knowledge of website designing or any programming language, you don't have to own a registered company or you don't need to possess specific educational or professional qualification.
You can be M.D. of any giant company, doctor, engineer, software technologist or a housewife, undergraduate or even school dropout. Whoever it is, needs to have only 2 things to use PayPal Services.
There are only 2 requirements to join PayPal Services :
Valid Email ID which is active
Valid Bank Account or Credit Card
With these 2 necessary things in your hand, you can join PayPal anytime from anywhere in the world.
How to create PayPal Account?
Creating a PayPal Account is very easy. You can create PayPal Account the way you create your Email ID. Go to PayPal Website and create a new account by clicking on "Sign Up" button. It will lead you to the page with 3 PayPal Account types' options.
Personal PayPal Account
Premier PayPal Account
Business PayPal Account
If you are interested only in shopping online then you can go for Personal PayPal Account. But if you also want to earn online by selling products or providing any service, doing small scale business then you should either go for Premier or Business PayPal Account. Only difference between last two types is you need to register in company's name to open a Business Account. But if you are doing business individually, without having any registered company then Premier PayPal Account can serve your needs. All 3 types of PayPal Accounts are free to register and have similar features.
For doing Affiliate business online, you can select Premier Account to start with. After clicking on your choice of account, you will reach to regular form where you need to insert all your information.
Your valid email ID is your USER ID for PayPal Account. So make sure you sign up with your active Email ID.
After you open your PayPal Account, you need to attach your credit card with it. PayPal needs it to verify your postal address to confirm whether it is the same where you receive your Credit Card Statements.
You need to verify your Credit Card before you start using your PayPal Account for online transactions.
Surfing PayPal Site
Once you register your PayPal Account, take some time out to read and understand the concept of online payment system. PayPal Website is very user friendly. It's easy to navigate and you can read and understand everything you need right there. Their Support System and help links are extremely useful. Don't forget to read informative links available on homepage of PayPal Website.
If you wish to work as an affiliate marketer and start earning online immediately, opening a PayPal Account is the easiest and fastest solution.