6 easy step to set up your Paypal merchant account
When you think of starting your business online, there is a pile of work on the desk that has to be finished. And now you come to know, you have to set up a Paypal merchant account to send and receive payments from the customer. We’ve simplified the process of setting up a Paypal merchant account in these easy 6 steps
In this article, we cover a few of the foremost vital steps to require in getting your merchant account get ready to work.
1. Visit “Paypal.com”
When you will visit the website, you’ll get to know that everything’s so easy to understand and easy navigation will help you fill in all your details and sign up as a new user.
2. Understand the kinds of services You are looking for-
Fill in each and every detail as asked. The process requests the new PayPal merchant account to mention the owner’s name, address, business address, email address, and business customer service contact information. Once all requested information is completed, click on submit the form.
3. Email verification
It’s time to open your email and check for new emails. The notification generally arrives within minutes and the link mentioned in the mail will take you to their confirmation page. Look for the verification email from PayPal from the authenticated email only.
4. Mention the bank details and wait for the confirmation
Log into PayPal and take after the remaining information that requires you to enter your bank account data. You’ll set up a trade PayPal merchant account with either an individual or trade bank account. Enter the title of your bank together with the individual or trade account number and steering number as instructed. PayPal will at that point send a confirmation to ask your bank within the shape of two little deposits. It ordinarily takes three to five days for the confirmation handle to complete.
5. Check for deposits from Paypal
You may now check your personal or business bank account. Look for transactions three to five days after setting up the PayPal account. When you see two deposits from PayPal, here the setting up of your account gets finished.
6. Finished, One verification and check more services offered by Paypal.
Now, this is time to log into your merchant account and follow the instructions to finish the verification. It will ask you to verify your personal or business bank account information. Once the verification is done, PayPal will then tell you your new PayPal merchant account set up is complete. It will ask you to choose from the different options of business payment method. There are business-related features, such as setting up an online shopping system or requesting a debit MasterCard, that could be set up once the above processes are done easily.
