Create an PayPal Account - Micro Jobs Payment mode

Hello Everyone,

Below blog is pertaining how to create PayPal account, Its easy and simple.

PayPal is an payment gateway, used for most of the international companies.

The companies, transfer your earnings for the work you have done to them to PayPal account and from PayPal account, just by one click you can transfer the funds to your local savings account, any bank.

Its exciting to have such international payment gateway, through PayPal I transfer the funds or do online shopping for my daily needs, with the account balance in it.

There is no opening fee for PayPal account. When any fund gets deposited into your PayPal account, all you need to do is to hit Transfer, to your local savings bank account.

So we need to link our local bank account to PayPal.

PayPal account is safe and secure, linking your bank account goes through lot to tight security process, same as when you link your bank account to Gpay or Paytm.

Payments made easy from International transaction and there is no joining fee or annual fee for PayPal.

Lets get in to the process steps of creating an PayPal account, its exciting to do it, trust me.

When you start working online, you need a mode to send and receive payment, to receive payment, you need to take help of services like PayPal.

PayPal has been one of the oldest and most-trusted services to send and receive payment. In particular, if you are from Asia or the United States, you will find PayPal’s service to be the best when it comes to receiving payment from overseas.

Benefits of using a PayPal account:

• You can receive payment from overseas accounts. (Such as clients or advertising payments.)

How To Create Your PayPal Account

First of all, head over to PayPal.com and click on to “Sign Up” to create your PayPal account.

On the next page, you have an option to select between a “Personal and business account“. For bloggers, I would recommend you to start with personal account and if you ever need a business account, you can instantly upgrade it from PayPal dashboard.

On the next page, you need to sign up by filling up a form.

To receive Payment you need to complete these 4 tasks:

• Add your PAN card
• Confirm your Email (When you sign up, you will get an Email from PayPal to confirm your account)
• Add bank account (This will be the bank account where your Paypal money will be withdrawn to)
• Purpose (From the long list, select the purpose on which you are receiving payment on your Paypal account -- click on Payments for jobs or select on option Others or select options Freelance or option - Market research). This is done, just to let them know what kind of transactions we are expecting in our account.

That's it..... the major process of account set up is done. 

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Note -Here is the link to the page which you can access anytime to see if any verification is pending for your account.

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Sub process - how to get our deposits from various vendors/companies for the job we have done, transfered to our bank account.

Note --  Screen shots of the tasks to transfer the amount deposited to our local bank account,  in a secure way.

Link Pan Card to PayPal:

Your Pan Card name should be same as your PayPal account name. If you are a minor without a Pan card, you should open a PayPal account in the name of your parents.

Linking Bank account to your PayPal account:

This process will take 2-3 days if you initiate now, so I suggest you to create your Paypal account right away, as if in future you need to receive money from any of advertising company or client, you don’t have to wait then. Click on Start in front of Add bank account and you will be taken to the next page where you need to enter just few fields such as :

• Your Name
• Your Bank account
• Your bank IFSC code. (If you don’t know the IFSC code of your bank branch, simply go to your bank official site and search for it). If not, Search in Google with “Your Bank Name, Branch and IFSC code”. Ex: ICICI Bank, VasantKunj IFSC code”. You can also select No in front of “Do you know your bank’s IFSC code?”, and select your bank, state and branch using Drop-down from there.

Once you are done adding the bank account detail, Paypal will send you 2 small deposits in your bank account. After receiving the deposit (In my case it took only 24 hour to receive two small transactions), you need to login to your PayPal account, click on verify at top and enter the amount to complete verification of your Bank account and PayPal linking.

Or 

You could just link your Credit/Debit card also

Linking Credit Card/Debit card with PayPal account:

When you are linking a credit card to your PayPal account you will face no issue. Just follow the steps as per the column mentioned there, its just easy and simple.

In my next blog, I shall explain the steps to convert Ethereum Payments to Indian Currency.

This payment method is used for Micro work app, its just one time process and rest follows auto everytime.

Cheers

Robin