So you’ve got an online business, it’s growing, and you’re looking to set up a secure payment processing system for your customers with PayPal. Well, we’re here to help. With this article, we’ll guide you step-by-step through the process of signing up for a PayPal Business Account, finding the right payment solution – as well as showing you how online payments work, and why PayPal is better for your business.
How To Sign Up?
Signing up for a PayPal Business account is easy and we’ve broken down the steps to guide you through the process.
Before signing up for your PayPal Business account, ensure that you have the correct ID information on hand.You’ll need your business registration information, business license and legal representative’s ID document. In order to sign up for a PayPal Business account, your business must have a valid business registration in Mainland China.
STEP 1: Getting Started
It’s quick to set up an account with us. All you need are basic details such as your business name, contact details, and which currency you want to send and receive payments in. Make sure the name you use is identical to the one showing on your business license to prevent security issues.
STEP 2: Tell us more about your business
Please fill in details such as, product/service keywords, company URL (if applicable), country of registration, Business registration number and date of registry.
STEP 3: Tell us more about yourself
Let us know more about yourself, your country of birth and your current country of residency. If you do not have a National Identity Card, you may also sign up with your passport number or other photographed national ID.
STEP 4: Details about organization
Provide more details about your organization. Please then certify the information and click 'Submit'.
STEP 5: Verify your email address
You should have received an email from us once you signed up for an account. Simply click on the link in the email to confirm your email address. If you can’t find the email, you can click the Profile icon in your PayPal account to request for another one.
STEP 6: Link your bank account
Linking your bank account gives you another option to pay with the security of PayPal’s encryption and data protection. You can withdraw funds from PayPal to your bank account once you’ve linked your account.
Which Solution To Use
Now that you’ve activated your account, it’s time to choose what works for you. Here’s a list of solutions we offer and how they can help you grow your business.
If your business has a website:
If you are selling without a website:
How Online Payments Work
Here’s a quick breakdown of what happens after you send your customer a payment request.
Deal Made
After you and your customer reach an agreement, send them a payment request, an email, an invoice or a PayPal.Me link with the agreed amount.
Customer Pays You
Your customer will receive a payment notification and they will then log in to their PayPal account to pay you directly.
Payment is Processed
After your customer pays, we process the payment and make sure that all financial details are kept secure and protected.
You Get Paid
Once the payment is processed, we’ll notify you instantly and transfer the money to your PayPal account.
Why PayPal?
The process is easy for the customer to understand and use, which makes buying from you a better experience. What’s more, PayPal facilitates online payments for hundreds of thousands of businesses worldwide. Associating your brand with PayPal could help provide the assurance that your brand can be trusted. The best part about all of this is that you don’t have to choose just one payment solution. Pick and choose what you need to help your business run more smoothly and, most importantly, grow.
