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Beyond all that, PayPal is one of the trusted and most reliable payment platforms in the world. About a million individuals and business owners from across the world make use of the online payment platform to send and receive money both locally and internationally.  As you know the advent of online payment platforms has helped to reduce the stress of visiting the bank to make transactions. You can now conveniently perform all your financial transactions with your smartphones. But you definitely need to make a PayPal account first. However, to get started, you will need to make a PayPal account. There are basically, two main PayPal account, you can make or create.

You can either create a Business or a Personal account with PayPal. But there are certain requirements and steps you need to be aware of before setting up an account. Whether you want to make a PayPal Business or a personal account, there are certain requirements and steps you need to follow. You will need your personal and your financial information to successfully create an account. It is absolutely free to sign up for PayPal and it will only take a few minutes.  You can either make PayPal using the PayPal mobile app or through its official website.

Requirements of Creating an Account

As earlier mentioned, there is a certain basic requirement you will need to have to successfully make a PayPal account. In this part of the article, we will be discussing some of the requirements to sign up for an account. Here are some of the requirements.

Information Needed to Create a Personal PayPal Account

  • First and Last Name
  • Valid Email address
  • Active Phone Number
  • A strong password
  • Nationality, Residential address and other basic information
  • Your credit or Debit Card or Bank Account

Information Needed to Make a Business PayPal Account

  • First and Last Name
  • Business Name
  • Your Business Active Email address
  • Business Active Phone Number
  • Your business addresses
  • Credit/ Debit or Bank account to Link your PayPal Account

How to Create an Account

Meanwhile, before you Make your PayPal account, you have decided on which account you will like to sign up for. The sign-up process is however easy and simple irrespective of the account you want to create.  And we will be showing you the simple and easy steps to follow to create your own PayPal account. As earlier mentioned, you can sign up for an account via the official website or through its mobile app. But steps and processes to sign up for an account via the website are what we will be showing. Here are the steps to create a Business or Personal account;

How to Set Up a Business Account

  • Open your device web browser
  • Visit the official website of PayPal
  • Click on the sign-Up button at the homepage
  • Select Business Account
  • Enter your Email address preferable your Business Email
  • Create a password and tap on continue
  • Enter your first and name
  • Input your business name
  • Enter your company phone number
  • Enter your town/city
  • Select your country
  • Enter your postcode

Finally, carefully read the PayPal terms and conditions and tap on ‘’Agree and create”. Immediately, your PayPal Business account will be created and you will have access to it.

How to Make a Personal Account

  • Tap to open your device web browser
  • Visit the official website of PayPal
  • Tap on the sign-up button
  • Select Personal Business
  • Tap on Get Started
  • Enter your Mobile Number
  • A verification code will be sent to your device, enter the code
  • On the next page, enter email address
  • Enter create a password
  • Re- enter your password
  • Select your nationality
  • Enter your date of birth (year, date and month)
  • Then, enter your address
  • Input your city and Postcode
  • Select your state and capital

Afterward, carefully read the PayPal term of service and tap on Agree and Create. Finally, now you can proceed to add your Debit or Credit Card or your Bank account to your PayPal. Meanwhile, You can proceed to start sending and receiving money from your friends and family using the platform.