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PayPal users can send and receive money for virtually anything, to anyone, anywhere. But we will be setting up our PayPal account with an emphasis on selling. So what we are going to want to do is set up a Premier or a Business account, because personal accounts are geared for personal transfers, and for making purchases. Don't get too confused by all the options on the site. You can explore those later on after you become more familiar with all of PayPal's various uses. To register a new account, go to to the New To PayPal option, and click Sign Up.
Here, you will be presented with three options; you can set up a Personal, Premier, or a Business account. We are going to be setting up a Premier account, so I am going to click here where it says Get Started. Since we will be buying and selling, we will need a Premier, or a Business account. Now, go ahead and fill in your information. First, fill in your e-mail address, then select a password. Your password must have at least eight characters, and you should never use your name or e-mail address. Be sure to use a mixture of upper and lowercase letters, numbers, and symbols.
And be sure your password is easy for you to remember, but is hard for someone else to guess. PayPal will indicate if your password is strong or weak, and it will give you three green bars if you've got a good thumbs-up green light to go ahead. Then enter you legal first name. You should not use your nickname, and you can't use a pseudo-name or a fake name here. It is very important that you put in correct and accurate information in the PayPal system, because it is a financial system, and PayPal will not allow you to use bogus information here. Go ahead and enter your date of birth, then put in your address. Scroll down, then put in your zip code, and then your city.
Then click Agree and create account. Now, at this point PayPal is asking if you want to add a bank account, or a credit or debit card. You can do that if you wish, but we are going to be talking about that in a later movie. You may also receive an e-mail from PayPal asking you to activate your account. This shows that you have control over that e-mail address, and that you are a real person. Now, once you have verified all your information, and you have logged in to your PayPal account, you can go ahead and browse around, and take a look at all the features that PayPal has to offer.
You can explore the site and discover all these valuable features by going through the different hotlinks, or you can use the help system, or you can use the links at the bottom of the page. If at anytime you want to update account information, add, or remove a debit card, credit card, or checking account, maybe add additional e-mail addresses to receive payments, or make any changes to your PayPal profile, you can always click on the Profile option here, and select the appropriate link to make those changes.
Since setting up a PayPal business account is virtually the same as in this movie, I don't feel you need a whole another video to show you the ropes. You can simply follow the same procedure, and go and register your business using the instructions that are provided on the link. Now, I still need to show you how to add a debit card and bank account to your profile, so that you can become a PayPal verified member. There are some significant benefits to becoming verified, which we are going to discover further along in this course.
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