PayPal is an online payment platform that allows users to send and receive payments without fees. The summary outlines how to sign up for a personal PayPal account, which requires providing contact and bank account information. It then explains how account holders can use PayPal to accept payments on a website by creating a "Buy Now" button or through email. Basic steps are provided for receiving funds, checking payments, and withdrawing money to a bank account.
2. Why PayPal No monthly fees No setup fees No cancellation fees Low transaction fees 2.9% + $ 0.30 Fast Secure Easy No Need to go to a bank Pay anyone with an email address Takes all major credit cards
3. Getting Started Items Needed Email Address [email_address] Checkbook or deposit slip Bank account number and routing number Your government issued ID Driver¡¯s license number
6. Complete Application Fill out the application After you complete the application, PayPal will send you a confirmation email
7. After Application Wait for confirmation email from PayPal You will need your bank statement or online statement (you can call your bank too) Confirm amounts deposited into your account Paypal sends two small payments to your account ¨C a few cents Confirm the amounts that were sent
8. Ready, Set, Go¡. Now that you have confirmed your PayPal account, you are ready to go¡. Accept payments on your own website Accept payments through email
10. Taking Payments on your Website All tools are created on Paypal Sign in Click ¡°Merchant Tools¡± Create ¡°Buy Now¡± Button Paste in ¡°html¡± Publish to website