How to set up PayPal account

Since we have entered a digital world, the world has come a lot closer. People are hiring workers from all around the world and services are being provided across the globe. Thus, there is a worldwide cash flow. Since it is not always possible to use the traditional paper methods like cheques and money orders, many financial services such as PayPal have been developed which support online money transfers and can be used as an electronic alternative to transfer money from any part of the world to another.

However, one cannot just start using PayPal. There are some steps which have to be followed. The initial being setting up an account on PayPal. Though the method is quite simple, some people find it tricky and resort for a guide. Thus, here we are about to discuss the steps which you have to execute to set up your PayPal account and start transferring and receiving money from any part of the world!

Note: For info about getting PayPal account number check this guide about PayPal account number.

Some information of PayPal include:

1. It is an American company which operates worldwide online payment.

2. It was fined in the year 1998.

3. The services provided by it are not free of cost. The cost depends on the type of account which has been created.

How to Setup a PayPal account?

Part 1: Creating your PayPal Account.

Step 1- You can access PayPal by either visiting its website or through is smartphone application. Either of these options can be chosen since the method remains almost the same.

Step 2- From the homepage, click on ‘Sign Up‘ option. This marks the beginning of setting up of your PayPal account.

Step 3- You will now see some empty fields on your screen. Enter a valid email id and create a new password for your PayPal account. Make sure that your password is strong enough and can be easily remembered by you. Once you have entered all the information, click on ‘Continue.’

Step 4- On the new page, you will be asked to enter all your personal details such as your full name, address, zip code, etc.

Step 5- After all your details are entered, you will be asked to enter either your credit/debit card details or link your bank account to PayPal. Thus, keep your bank details in hand while setting up your PayPal account.

Part 2: Verifying your PayPal account.

Step 1- Open your email id, where you will notice an email for PayPal. In this email, you will find ‘Yes, this is my email‘ option, which you need to click to verify your email id.

If you do not find this email, check if you have entered your correct email id, check the ‘spam‘ folder or request for a new email from PayPal.

Step 2- If you skipped linking your credit/debit card or your bank account to PayPal in the first part, you can still do it in this step. Without linking any of this information, you will not be able to transfer or receive money from or to your account.

Once you have entered all the information correctly, PayPal will take a day or two to verify your bank details. For even better verification, an amount of approximately $1 will be sent to your account which will later to deducted too!

Conclusion:

This is all you need to know about PayPal and how to set up an account on it! The steps are quite simple, all you need to do is enter all the details carefully.

If you have any queries regarding the methods and the steps listed above or if you know of any better method, then please let us know about it in the comments section below.

How to open a Chase bank account

Wondering how to open a Chase Bank account? Well if the answer is yes then we are here to help you out.

So before you go ahead and start creating a chase bank account, there are quite a lot of things that you should consider. Now the question is what those things are? Well, the thing is nothing but an idea about which type of account you are planning to get. What are the documents that you will need to create the account? And a few more.

However, creating an account with them is not something really hard. Instead, it is pretty simple. But just in case if you are confused about the process. Then let us simply it for you:

Things You Will Need For Creating a Chase Bank Account:

chase bank

Like every bank Chase also works the same way. All you will need a few documents to verify your identity and a deposit amount. However here is a list of the documents which you will need:

  • Official Identification.
  • Proof of Residency
  • Social Security Card
  • Deposit Amount

Now that you know about the things which you will need to create a Chase bank account. The next question is which account type to choose.

Well, it completely depends on what type of bank account you will need or you want to use. As Chase has a checking and savings account options. So it would be better if you hover over their website and check out each account’s monthly fee, minimum balance requirements and benefits of it.

Depending on what you plan to use your bank account for, there are both checking and savings account options. You might want to look out for the types of features they offer with each account including any monthly fees, minimum balance requirements, and any benefits the account may offer. However to make you understand better here is a list of all the things that you will be able to do with the checking and savings account.

Checking Account:

  • A checking account will help you to easily access to your money for daily transactions.
  • You will be able to use your debit card or check linked to the bank account in order to purchase or pay bills.
  • You will be able to deposit cash or checks to any local ATM or Chase branch.

Savings Account:

  • The savings account offers you the power to accumulate the interest on funds.
  • The interest rates can be compounded on a daily, weekly, monthly, or annual basis.
  • It is a secure way to save money.

Video About the Difference Between These Accounts

So now that you have an idea about the difference between both of the accounts. Well, the bottom line of the story is it is easy to open a chase bank account. All you have to do is collect the required documents and have an idea about which type of account you will need and how can you utilize it to your benefit. Furthermore, Chase bank offers quite a lot of features including, Prepaid and Credit cards and so on.

So all you have to do is visit their official website and click on the “Not enrolled? Sign up now” link and fill up the form.

After sometime once you have filled the form and you have your account then you can visit Chase.com/verifycard. From this page, you can easily verify your chase credit card. Enjoy 🙂

Also, there are a couple of offers which you can use to earn some bonus points. In addition to that everytime, you shop or pay bills using chase they reward you some points. So overall it is a good deal that you surely take. Anyway if you have any further questions do comment below and we will surely help you out with your query.