how do I start a paypal account?

Question

Are they safe? What would I have to worry about if I had an account? After some one sends the money they can cancel it from what I understand.

Answer 1

I have used Paypal for about 6 years now and I have never had any problems with it. Setting up an account with Paypal is easy.

1) Choose a password than cannot be found in any dictionary. Paypal suggests you change your password about every 30 days or so. It is also not a good idea to use the same password for everything.

2) After the day you have set up your account with Paypal, never click on any email link sent from them to verify your account information. You will have to verify only once, while you are setting it up. (you can check your email while you are setting up your account, to get the needed information to continue your registration at the same time, to finish your order) It is very important to confirm your address.

Confirming your address insures that You are the person placing the order. It confirms that your billing address is also your shipping address and that you are the account owner. If your billing address is a PO Box and your want product shipped to your home, you could have difficultly. Many online merchants will not ship to unconfirmed addresses and PO boxes. For your protection and security, it is best that your billing address and shipping address, for the account you will be using be the same.

After your initial setup and verifying/confirming your address, Paypal never asks for any personal information. Hackers do send phoney emails, that appear to be from Paypal, to obtain your personal information. If you receive any questionable email, that what appears to be from Paypal, about a problem with your account, then type in and go directly to Paypal without using the included email links. Any questionable email should be forwarded to Paypal at [e-mail]. They will confirm or remove any suspicions you may have.

3) There are three options that you can choose from with PayPal, a credit card, or a checking account, or a savings account. For extra precaution and added security, you can choose to open a "play" account of sorts, just for your online buying needs. Paypal also offers the option for a one-time purchase with your credit card without having to setup a Paypal account at all.

Once you follow the easy click links to set up your account, Paypal basically opens a bank account for you with them. You will transfer money in and out of your Paypal bank account. When someone sends you money, you will see the amount in your account and you will also receive an email with notification of payment or money received. When you send someone money, it will be withdrawn from your balance in the Paypal account and you will receive an email from Paypal for your receipt. If you have your Paypal account connected to your credit card, it will withdraw funds from there. If you have your account connected or setup with your checking account, Paypal will withdraw the funds from that account.

I suggest you keep a small balance in your Paypal account. Your payment will be instant if you have a balance. If you do not have a balance, your payment will be sent as an e-check and it will take 4-5 days for the recipent to receive the funds because it has to be withdrawn from the account or source you chose and placed first in your Paypal account.

You should NEVER send an item to the buyer until after their payment has cleared.

Paypal has a Seller Protection Policy that is great.

Answer 2

I've had Paypal for 3 years and it's been good.

You sign up by following the instructions. Don't use the account as a bank account--take the money out as soon as you're notified, shift it to your regular bank account. If you don't, and just keep it adding up, if for some reason they do freeze it you won' t have access to any of it till the dispute is settled. If you have shifted it to your own account, you don't have to worry about your real bank account being frozen.

Paypal isn't a bank, they don't have to abide by the Federal rules that banks have to. They're the in between middle men handling money transfers between two people.

Make sure to read the rules and regulations on the site.

Answer 3

have completed 60% of my paypal account set up. How do I complete.