Once you create the account, you will be able to accept payments right away, however, you will have to verify your account to be able to accept larger payments.
Here are the exact steps to creating a PayPal account
Step 1: Navigate to http://www.paypal.com and click “Sign up”The type of PayPal accounts are the following:
- Personal Paypal Account: For private individuals who shop online.
- Premier Paypal Account: For private individuals who buy & sell online.
- Paypal Business Account: For merchants who want to use a company, group, or website name on their checkout for.
And thats all there is to it!
Now to be able to take money out of your account, you will have to verify your account, add a bank card, and enroll in PayPal’s expanded use program. This is all free of charge, and required if you want to be able to start making money and withdraw funds to your bank account.
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