How to use Paypal?
From Faq.asianfanatics.net
Contents |
[edit] I. How to create a Basic Personal Account?
-There are 2 steps. Verifying your email and verifying your bank account.
-Step 1:
- You’ll need an email address. (This will be the address/name that people will be using to transfer money to you.)
- Go to www.paypal.com to sign up for an account. They will ask you detailed personal information. (your full home address, phone number etc.) Follow the prompts.
- After that, they will want to check that you have really signed up for an account by calling you. (They will ask if they can call you now or a specified time. I would suggest choosing now so you’ll be finished. The phone should ring immediately after you choose this option.) It would be an automated message. Follow what it tells you to do.
- Paypal will inform you by sending a confirmation email stating that you are verified.
-Step 2:
- Choose a bank account that you wish to use to transfer money to and out from.
- Once you have given them all the bank information. They would proceed to verify the account. They would send 2 small amounts of money to your account. You have to check in a couple - 7 days or more to see if you have received it.
- When you received the 2 amounts, log back to your account and enter the amounts.
- Paypal will inform you by sending a confirmation email stating that you are verified.
[edit] II. Upgrade PayPal (Business Account)
-This is the next level of paypal account that you can get.
- Business account allows you to receive credit card payments, bank transfers and other forms of payment. There is a charge that comes with receiving money, around 2-3% US$ (% and currency depends on where you are located.) So when you pay for something some people may ask you to add a fee onto the total to cover Paypal fees.
[edit] III. How To Add Funds To Your Paypal Account?
- Click 'Add Funds' and Follow the instructions there. (You will receive information about paypal account and your bank transfer id) Strongly recommend that you should transfer a small of money to test the account.
- Go to your bank and make a normal payment or transfer. Just do like what you usually do when you make a payment, but with PAYPAL. It is IMPORTANT add some information (put your bank transfer id) in the MEMO section as well. (if your bank allows internet services online- it would work too)
[edit] IV. How To Spot A Paypal Scam?
- These are just a few examples. Always use Paypal with caution.
- PayPal always address you by your name, NEVER "Sir/Madam/Customer"
- When you enter personal details look for a security lock to see if it's protected.
- IE users: Look for a lock on the bottom right. Firefox users: (not sure about the other versions) The address bar should turn yellow and have a lock on the end
- Paypal would never ask for your password.
- The URL address should begin with https://
Always remember to write down all information that you received from paypal/bank to keep as your records.
