HOW TO OPEN A PAYPAL ACCOUNT:

PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders. The first and foremost step in earning money through internet is to have a Paypal account. Most of the websites with which we are working online are international sites. Hence the amount paid by them will only be in currency other than Indian rupees, such as US Dollars or Euro. Thus PayPal serve as a mediator between the lender and the receiver. There is no initial fee for creating an account but only a very small processing fee (about 3%) is collected during the transaction.

HOW TO OPEN A PAYPAL ACCOUNT:

• 1. Go to paypal .com
• 2. Click on ‘’Sign Up’ link in the left hand navigation of the home page
• 3. In the subsequent page you will be asked for “Your country or region” and “Your language”. Select the options from the drop-down list given.
• 4. There are three types of account namely, the personal , premier and business. For taking up a free account for online business, the premier account will be more suitable. So click on the “Get Started” button found below the ‘Premier Account’.
• 5. In the subsequent page enter your information such as email address, password, first and last name, date of birth, address, city, state, zipcode and phone number for verification.
• 6. Then click on the ‘Agree and Create account’ button. Soon after that, you will receive an email with the activation link sent to the email address given.
• 7. Make sure to check your mail and click on the activation link to get your account activated. Now you will be able to sign in to the Paypal.com website