PayPal: how to open an account?

The success of the PayPal platform is well established: the service is now available at several thousand merchants, has more than 277 million users, and this, in more than 200 countries, according to Selectra. But, what is it exactly, you will say to me: an online bank perhaps? Well no ! It is actually a very versatile online payment platform. It allows, in fact, not only to make purchases online safely, but also to send and receive money from other users.

Making purchases with PayPal provides you with additional security: transactions are subject to sophisticated encryption. Additional security for your wallet too: PayPal will reimburse the purchase of a damaged or fraudulent item if there is no outcome to a dispute declared vis-à-vis the seller. Finally, membership in this platform as well as almost all of its services are completely free. Only the transfer in foreign currencies will cost you something.

In order to create your account, you will need to bring your bank card or bank details. Go to the PayPal mobile site, or download the app, then opt for a personal or business account. You will then be presented with a form to fill in with your personal details, namely your surname, first name, mobile number and email address. The latter will serve as your identifier for all your future PayPal transactions.

You will then need to choose a password. Warning: opt for a fairly secure access key, because your credit card will be affiliated with this account. Then, you will be asked to authenticate yourself by entering a code received by SMS. The final step will be to link a credit card or bank account to your brand new PayPal account.