Get ways to set up a PayPal Merchant Account. How to make a merchant account?
- A PayPal merchant account setup is a process where you set up your account with a business website.
- An account that is especially for business owners or entrepreneurs.
- The account is fine-tuned to suit a business enterprise, and some features are created therein to make the business grow.
- The account provides some properties, properties that a regular PayPal account doesn’t have, like no withdrawal limits, debit and credit card payments, and more.
- Today, several firms make use of the PayPal merchant account, thanks to its business promoting feature.
- It allows business entrepreneurs to connect with people not just in their area or country, but with every single Paypal user, which is approximately 295 million in number.
9 Steps to setup Your PayPal Merchant Account
Here Are Nine Easy Steps to Setup your Paypal Merchant Account
Step 1: Sign Up:
- The first step you to take is signing up as a merchant on Paypal.
- Go to Paypal’s homepage Paypal.com and click the sign-up button.
- This should take you to a page where you have to specify if you want a personal or business account, pick a “business account.”
- This should also take you to a page where you select a free or paid option.
- Each has its features, and obviously, the paid option comes with a few extra features.
- Click whichever you feel Ok with.
- But the basic need here is online payment, and the free option has it.
Step 2: Personal Details:
Here, input your email, passwords, business contact info, phone number, etc. Once you’re done with all of that, click on, agree, and continue.
Step 3: Business Type and Category:
- Here, you’ll have to click on which type of business you run.
- You should see a drop-down list of options for you to choose from.
- Choose the one closest to yours.
Step 4: Date of Establishment:
- You will also be required to input the date you started your business.
- Input the date and move on to the next option.
Step 5: Monthly Sales Estimate:
- Here, click an estimate of how much sales you make monthly.
- You will see a drop-down box, leaving you with different estimates.
- Choose the one closest to yours.
Step 6: Website and Occupation:
This is where to specify if your business has a website or not. In the box, you have to input your website domain(if you have one), after which you will also be required to input your occupation.
Step 7: Welcome Tour:
- This is optional, but I’ll strongly advise that you take the welcome tour.
- It’ll help you to start on how you can make your merchant account look good.
Step 8: Business Setup:
- Click tools, then business setup.
- Go to the page where you can do several things like your payment and account setup.
Step 9: Account Setup:
- Here, it’ll ask you to confirm your email address, add a bank account, create your business name, and more
- With this, you have your account fully operational on PayPal.
- Now, you can go ahead and read the terms and conditions that apply to payment, and you should also read a guide on how you can connect with customers.
To get to know about PayPal merchant account fees click on the link.
One-Stop Solution 5-Star Processing
If you are not tech-friendly and looking for help, 5 Star Processing experts are here to help you. Contact us at +1 888-253-9692.