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Tuesday, July 24, 2012

How to make a paypal account?

WHY DO YOU NEED A PAYPAL ACCOUNT?

A paypal account is necessary for making monetary transactions like getting payment from get paid to sites, making money from blogging since most advertisement channels use paypal as a medium to send money. The reason why paypal has acquired importance is because paypal has all the infrastructure necessary to transfer money to the bank accounts of people an 140 countries including India. Its a payment processor and gives your money which you have earned rightfully to your hands without much ado. 3 months earlier I too was a noob regarding these things and was searching for information regarding making a paypal account. But now I have done it all and its not difficult at all.

THE ABCD OF MAKING A PAYPAL ACCOUNT…

THE THINGS YOU NEED
1. A BANK ACCOUNT IN ANY BANK OF INDIA, ANY MEANS ANY…

2. A PAN CARD

I don’t think that there’s a need to explain how to make a bank account but you need a an address proof like ration card and a photo proof like voter’s id , driving licence or a pan card. If you are under eighteen then you can apply for a joint bank account with an adult like your father or guardian. Now for getting a pan card what you need are a photo proof like voter’s id. Again, if you are a minor apply with the help of your father. Do a google search on your city name with the word utitsl. Its the pan card office. They may also ask you for a bank account statement for address proof. Once you apply for a pan card it takes around two weeks for the pan card to reach your residence. You may track it on the official utitsl website with the help of your application number.

APPLYING FOR A PAYPAL ACCOUNT

You need not not wait for the pan card to arrive to get your pan card number. Its on the site when you try to track your card with your application number. Go to the paypal site and create a personal account. Feed in the pan card number. Put in your real address and all other details they ask you. Once done…. wait for a few days till they verify your pan card. Also they will verify your bank account by sending two small deposits like rs 1.03 or something. You need to enter the exact amounts in the paypal verification centre. You are done. Now you can receive money from anywhere to your paypal account

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