![]() Anyone can open an account with PayPal if he has a valid email address and has a bank account. Because of its safe and secure policies, PayPal has earned the trust of both buyers and sellers. When you make an online purchase, money from your PayPal is deducted and held by the company for some time before it is deposited in the account of the company from which you bought something. ![]() In a sense, PayPal works like a middleman holder of money. Today, it is such a roaring success that a vast majority of online purchases through sites such as Amazon and e-bay are done through PayPal. Anyone who has a valid e-mail can be sent money through PayPal. Nearly a hundred million people make use of this facility worldwide. It is actually e-commerce business (financial transaction broker) that allows people to send and receive money through internet. PayPal is a safe and secure method of online payments. PayPal Personal and Paypal Premier and Paypal Business are different types of Paypal accounts. and then you can withdraw that amount.PayPal Personal vs Premier vs Business Verified Accounts | Fees and Limits For receiving money from another PayPal account you don’t need a bank account, debit, credit card.īut when you want to spend that money you need bank details so you have to get verified by Paypal then only you can receive that amount in your bank. We can receive the amount from any on in our PayPal account without adding a bank account in the Paypal account. How To Receive Money without adding a bank account? You will get some amount in your bank account and then you have to give the transaction details to PayPal then PayPal will verify the details.įor another account, you have to fill in the same details by clicking the add new bank account.Īfter a certain period of time and transaction, PayPal will ask you to verify the details then you have to verify the details. PayPal provides you to use the automated system to link your bank account without looking at deposits. Now you can check all the account activity. Select the bank account and fill in all the required details. Now you have to click on the Pay & Get Pay link, after clicking on that link you will get a page like the below image, Now you have to fill in your account details by clicking on this link for a new bank account and doing the verification. How To Link Bank Account in PayPal Account Now you have to verify your email address, you will get a verification link in your mail inbox you have to click on that link for verification.The bank account is optional so if you want to receive your amount in the account then you have to add the bank details otherwise no need.Add your address and other required info, and then click Continue.The other details you have to fill in like name, email, password, etc. ![]()
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