Many users were facing issue with creating
a Paypal account and verify it in India.
Generally Paypal doesn’t allow Indian users
to send payments from one paypal account to
another paypal account within India.
But paypal is used to receive and send
payments to the countries other than India.
To receive payment you must link your bank
account and to send payments you generally
need a credit card linked account.
One more limitation is that Indian accounts
are auto withdrawn once the payment is
received.
Also you cannot send payment from the
existing funds in your account, you must
have linked credit card. The below is the step
by step process to create and verify paypal
account in India.
Step by Step procedure to
Create a verified PayPal account:
Step 1:Open the official site of PayPal or
you can go directly with theSingup link here.
Step 2:After signup, there are three things
to be decided in this step. For reference go
through with the image as follows.
1. Select your Country i.e India.
2. If you are using PayPal as Individual
purpose, then get started with Individuals
account.
3. If you are using PayPal for any business
purpose, then get started withBusiness
account.
Step 3:For Individual and Business account,
process will be the same but submission of
documents will be different to each account.
I have selected Individual account. So, let’s
get started with individual account.
* As soon as you click onGet Started,it
shows a page where you need to enterall your
details.
Note that all the details should be genuine
and must be as per yourPANcard.
* If you have CC (Credit Card) then youcan
linkup your CC for your PayPal account for
making online payments.
Ifyou don’t have it and click on Agree and
Create Account.
Step 4:There appears aCaptcha
verification.So, fill it correctly and then
click on Continue .
Step 5:Again it asks about Credit or Debit
card details to get started with making
purchases.
So, here if you havecredit card then link up
credit card, if you don’t have then go with
Debit card details.
Step 6:Your PayPal account is created
successfully. In Gmail account, PayPal
mention some tasks to be completed for the
full verification of PayPal account.
For clear reference see the Image as
follows.
Step 8:Login to your PayPal account. Then
there appears a security questiontask.
Complete it and click on submit...
Step 9:Once you done with the security
task, you need to complete thetasks to receive
the payment. See the image as follows...
Step 10:The Tasks list will appear as shown
in the below image.
Now complete all the tasks one by one with
the necessary credentials...
Task 1 .Submit PAN card information
correctly and then click on submit. PayPal will
check and verify your PAN card as shown...
Task 2 .PayPal will send confirmation mail to
your Gmail ID. Check your Gmail ID for and
then confirm your PayPal account...
Task 3 .By adding a bank account you can
receive funds and withdraw it.
Once you add a Bank account, PayPal will
send two small deposits to the bank account
within 3-5 business days
.Please log in to your PayPal account, and
enter the two amounts to lift your sending
and withdrawal limit...
Task 4 .Your Purpose Code indicates the
nature of business for which you receive
payments into your PayPal Account. Please
make sure you select the Purpose Code that
accurately describes your business
transactions.
This is required as per Indian regulations...
That’s it you are done. Once you completed
all the tasks given in the PayPal then you are
done with your PayPal ID.
Now, you can transfer and receive payments
.So, that’s all your paypal account is ready
to receive payments.
To send payments you just have to link your
credit card.
Paypal doesn’t allow debit cards to send
payments but using some banks debit cards
you can send payments. Let us know if you
have anydoubts in your comments......
How To Create & Verify A PayPal Account In India { The Complete Guide }
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