What is PayPal and How to Open a PayPal Account?

The present age is the age of information technology. In this era of information technology we all depend on computers and internet. We depend on modern civilization in every activity of our life. We all have many important tasks in our lives which are online dependent.

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Through online we get many things easily at home with the help of internet. We get all these benefits because of the internet. Through internet we can do many difficult tasks easily. As a result we don't waste a lot of money either.


Nowadays many transactions are done through internet. Internet has a lot of online payment facilities like Banking, UPI, etc. PayPal is one of them. Many people ask what is PayPal? Today we will answer this question in detail.


What is PayPal – What is PayPal?

PayPal is an American company. It is very popular worldwide. It operates worldwide online payment service. It works very honestly. It allows an individual or business to transfer and receive funds. It is an alternative solution to traditional paper procedures or money orders. Merchants can easily transfer money anywhere in the world through PayPal.


PayPal Account Opening Rules

If you want to open a PayPal account then read our article carefully. Below I will share all the rules and regulations for opening a PayPal account. Know the rules for opening a PayPal account.


To open a PayPal account, you first need to visit the paypal.com website. Go there and click the sign up button. Then choose your personal account and then click on continue. Find out what you need to fill out.

  • Select country.
  • Fill in your e-mail address.
  • Enter a strong password.
  •   Please fill in the password again.
  • Please fill in the captcha code correctly.
  • Now click on Continue.

Rules for Opening a PayPal Account from Bangladesh

Opening PayPal account from Bangladesh is prohibited but business account can be opened. So if you are from Bangladesh then you need to open business PayPal account. To open a PayPal account, you first need to visit PayPal's own website, paypal.com.

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You have to sign up first by going there. After signing up you will be given various information to fill. If you enter all the information correctly * your account opening will be 90%. Then just click on continue button. Your PayPal account will be closed.


How to Withdraw Money from PayPal?

All you have to do is give your PayPal registry email address to the DC person when you go to pay with PayPal. The payer will then transfer the payment to your PayPal account. You will receive a mail once the money is transferred. Then your name will be included in the payer's mail as well as the payer's name.


Next you need to decide if you don't want to keep your money in PayPal account but want to transfer it to bank account. Before your money is transferred to your bank, PayPal deducts its commission and deposits the rest into the bank. Then you can withdraw that money from the bank very soon. This is how Nepalese money is withdrawn.


Rules for Sending Money Through PayPal

To send money from PayPal you first need to create user id from email address. Because you can do online transactions through email address. After registration, you have to enter your bank or credit card details in the user profile.


You can transfer one or two small amounts to PayPal to check if the credit card details are correct, ie – $1.06 and $1.30. After receiving this money in your bank account, you need to go back to PayPal Profile.

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Then you can send the money from your PayPal account to that email address by getting the PayPal email address from the person to whom you are sending the money. PayPal will deduct the amount paid from your account.





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