How to open a Paypal account in India 2021

how-to-open-a-paypal-account-in-india


Do you know why you need a Paypal account? The answer is outspoken, as Paypal is an online mobile payment application that will enable you to send or receive payments globally to other Paypal accounts. This is the reason most of the freelancers or small and medium business owners want to know how to open a PayPal account in India once they start their business operations in early days.

Do you need to make some personal payments as a freelancer, or are you a business enthusiast and want to send or receive global payments using Paypal? There is no need to worry because a Paypal account in India will help you make payments and transactions globally. It is a platform that accepts worldwide payment and makes it easy for you to send and receive money quickly.

But do you know how to open a Paypal account in India? Suppose you are new to this application of Paypal. In that case, there is not much to worry about because opening a Paypal account in India is a process of some easy steps that you will know in detail in the article below.

  • How to create your personal Paypal account in India.
  • How to create your business Paypal account in India.
  • What you need to do to make payments using your Paypal account in India.
  • How to confirm your bank account in Paypal.


How To Create Your personal PayPal Account in India

 

Do you know that creating a Paypal account in India is a very user-friendly process? You can easily open and link your account to Paypal by following the simple steps that are mentioned below:

1. First of all, you need to head over to PayPal.com, and then you should click on "Sign Up" to create your PayPal account.

2. Then, on the next page, you need to select between a "Personal and business account ". 

3. After selecting a personal account, you need to sign up by filling up a form for completing the process.

 

To complete the form, you need to enter your Credit/Debit card details at that point, or if you don't want to add them at that time, you can even skip it for later to send payment.


How to create your business Paypal account in India?


Are you a business enthusiastic and want to make global payments using Paypal? Then no need to worry because a Paypal account in India will help you make payments and transactions globally. To open a Paypal account in India for business purposes then you need to follow the following steps:

  1. You need to go to the PayPal website, Paypal.com then you need to Sign up.
  2. After signing up, select Business Account on the screen.
  3. Then you will receive a dropdown menu from which you need to select what type of payments you are looking to receive and your annual sales volume in USD.
  4. And at last, enter in your email address, provide details on your business, and then select continue after completing all these steps.

 

What you need to do to make payments using your Paypal account in India

After you have successfully opened your Paypal account, you should keep in mind that it's a restricted PayPal account when you open a Paypal account in India. You can use it to send payment to anybody by using your Credit or Debit card. But still, to get your payment, you need to finish 4 tasks that are mentioned below:

  • You should add your PAN card. 
  • Confirm your Email (When you will join, you will get an Email from PayPal to affirm your record, after confirming your email, your account will become operational) 
  • Add financial balance (This will be the ledger where your Paypal cash will be removed to) 
  • Select purpose code (From the not insignificant rundown, select the reason on which you are getting instalment on your Paypal account)

By following these easy steps, you can easily open your Paypal account from India.

 You May Also Like to Read our Best Articles on Online Businesses and Business Ideas for Woman.

How to confirm your bank account in PayPal

Suppose you need to access your Paypal account in India. In that case, you need to link it to your bank account for personal and business purposes.

  • PayPal will send two subtle deposits of ₹1.01-1.50 to confirm your bank account to the submitted bank account details. 
  • You need to check your financial balance or bank correspondence for the specific sums, whether they have been deposited or not. This process can take 4-5 working days.
  •  After checking, once you receive the outstanding amount you have received in your bank account. You can also confirm the amount if you have received it at the Payment method tab.
  •  If you enter the right amount, your bank account will be confirmed, and you can further make any transactions that you want to.

                        

Conclusion

Do you know how easy is it to open a Paypal account in India? The answer to your question is straightforward. It is effortless to open a Paypal account from India that will enable you to accept payments in global currency. By following a few simple steps and the confirmation processes, you can open your Paypal account in India and make international payment digitally by just sitting at a place.

This digital payment app "Paypal" has made our life very easy. We can send or receive money throughout the world by just using the application. Also, you need not worry about the safety of all your payments and transactions using the app, as this app is secure for all money transactions. So, what are you waiting for, go and make your Paypal account to avail all the app's benefits?

 

Frequently Asked Questions

 

Q1. What do I need to open a Paypal account in India?

Ans. To open a Paypal account, you need to follow the simple steps:

  1. Visit the PayPal website.
  2. Click to register/signup. 
  3. Fill the registration form. 
  4. Confirm your email address. 
  5. Your account will be created by linking your personal bank account.

 

Do I need a bank account for Paypal?

Yes, to operate Paypal and make payments using the app, you need to link your bank account to the Paypal account.

 

Is a Paypal account available in India?

Yes, a Paypal account is available in India. You can make personal as well as business payments using the Paypal app in India.

 

How many days does the Paypal payment take to get approved?

To get any payment through the Paypal app approved, it generally takes 4-5 business to reach your bank account after receiving the confirmation email. 


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