PayPal is the most common payment platform used when making online purchases. A very safe system that we will explain how PayPal works.
Many users, when making their payments via the web, will have found the PayPal logo next to credit cards. But surely not everyone knows what exactly PayPal is.
How PayPal Works Complete Usage Guide
Long ago there was a perception that making payments over the Internet was too insecure. Although this idea is still in the minds of some users today, PayPal has eradicated these fears and created an easy and secure way to pay and receive payments online without sharing bank details.
These bank details or financial information will be safe thanks to an automatic encryption system and advanced anti-fraud systems that the company is in charge of continuously updating.
Create Your PayPal account
PayPal is a virtual wallet that you can use to make your payments over the Internet without having to enter your bank details on each platform. PayPal will save this data securely.
We are going to teach you how to create an account with total security.
Creating a PayPal account is very simple: you only have to enter its website and choose ” Create an account ” in the individuals column.
You will have to enter the code shown in the image and click ” Continue “.
Choose payment method
Next, you will see the option to pay with your bank account or with your card . Choose the one that suits you best.
Enter your data
Once we have chosen our payment method, we will have to fill in the information PayPal asks us for.
In this case, we have chosen to pay through our bank account. For this reason, we will enter our bank details , being sure that PayPal will store them securely.
This will be the only time we have to enter our data in PayPal and we can buy online without revealing this information , simply by accessing our Pay Pal account.
Once the data has been entered, a window will appear to confirm the use of PayPal in your bank account.
When you click ” Accept “, a PayPal notice will appear explaining the process to validate your PayPal account.
PayPal will make a few small transfers to your bank account and when you check the statement you will have to enter the exact amount to confirm that you are the account holder.
If you prefer, you can choose to link your debit or credit card to PayPal and start shopping immediately.
You will have to select your card and enter your details. Then click ” Continue ” to link your card.
Verify your account
To verify your account you will have to wait a few days and, once you have PayPal transfers in your account, enter what is the amount.
To do this you will have to log into your PayPal account and select ” Confirm bank account ” in the right column.
Once you have clicked on the link, you will have the possibility to enter the amounts that PayPal has deposited in your account and, thus, verify it.
Once we click ” Send ” a confirmation screen will appear and we will know that our account is already verified.
Once you have your PayPal account verified , you can start paying on a multitude of web pages (most give the option to buy through this system). We just need to know how Paypal works.
Once you select PayPal, the page will open for you to log in and confirm the order. The order will also appear in the left column. And now that you know how to set up and use PayPal, you can use your new account to buy at any store.