In this article, I will show you how to create a PayPal account and link Payoneer with PayPal Account. PayPal is an American operating worldwide online payment system that supports online money transfer and serves as an electronic alternative traditional paper method like checks and money orders. PayPal is a very big company that operates online payments of the vendor, the process of selling and buying goods, and many other commercial users. However, PayPal takes a number of charges tax in money transactions from one account to another account. Also, payment is known as a Payment rail, payment rail is a platform the moves money from payer to payee.
PayPal is one of the best online free open-source platforms for sending and receiving money. However, PayPal established in 1988 in 2002 initially offered for the public, also, PayPal is ranked in 2018 as one of the largest companies in the world. However, PayPal is famous and known for most people nowadays those who are having online jobs. And PayPal exists only in American, Australia, Canada, European Countries, and some Asian countries. Unfortunately, PayPal is not available in some Asian countries and others. Therefore, if you have a Payoneer account in your country then you can easily link with PayPal.
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How to Create a PayPal account and link Payoneer with PayPal?
As above I mentioned for you in some of the countries PayPal is not available and doesn’t provide service. And the countries that doesn’t have are Afghanistan, Bangladesh, Cameroon, Central African Republic, Cote D’Ivoire (Ivory Coast), Democratic People’s Republic of Korea (North Korea), Equatorial Guinea, Gabon, Ghana, Haiti, Iran, Iraq, Lebanon, Liberia, Libya, Monaco, Moldova, Montenegro, Myanmar, Pakistan, Paraguay, Saint Lucia, South Sudan, Sudan, Syria, Timor-Leste, Uzbekistan, and Zimbabwe.
The nominated countries failed with the contract of PayPal and with some common security reasons that include insufficient regulation and security in-country banking. Those countries that have PayPal followed the rule and regulation of PayPal and US tax law or US trade ban. Although PayPal lets you change your address while moving to another country. Now if you are living in one of those countries that PayPal serves is not available on that. Don’t worry we find the solution especially for bloggers, YouTubers, Entrepreneurs, and those who are doing online shopping via PayPal. Indeed you need to read deeply the article step by step.
However, if you want to create a PayPal account that is not available in one of the nominated countries. Therefore, you must have a relative or family member in the country that PayPal available there. In addition, Payoneer serves available in every country then if you have a Payoneer account and you want to link it with PayPal then follow the steps.
How to Create a PayPal Account?
Step 1. Sign Up for PayPal account to create a new one.
Step 2. In this step, you will face two different accounts one of them is PayPal Personal account, and Business account. It depends on you which one you want to create.
Step 3. Fill the blank including Country/Region, First name, Last name, Email Address, Password after that, click Next.
Step 4. Enter your Nationality, Street and house number, Additional information “optional”, Postal code, City, Date of Birth, Mobile number. After that, check the box I want to get offers and promotions by email from PayPal. I can change this setting whenever I want. And also I confirm that I have read, consent and agree to PayPal’s user agreement and privacy statement. After all, click Agree and create an Account.
Step 5. After that, you agreed to PayPal Account, in some seconds PayPal will send you an email to confirm the PayPal account. However, open your email box then click on Confirm your email address. After that, you clicked on Confirm then a message will send to your friend or family member ask them to provide the digit code. Enter the digit code and automatically your PayPal will activate.
Link Payoneer with PayPal
Step 6. Open your PayPal account then click on Link your bank. However, you can link any kind of bank in PayPal, but our purpose is to link Payoneer with PayPal.
Step 7. Link a Payment method, there is two option. Select the second option Link a bank account.
Step 8. Here you need to link the legal bank account that you have selected while creating a PayPal account. I have selected Austria for PayPal then it means all the European banks are accepted in PayPal.
Step 9. In this step, log in to your Payoneer account and navigate to “Global payment service” then select the Euro receiving account. And copy the IBAN number.
- After that, you copied the IBAN number go to PayPal and paste into IBAN of PayPal. Then request for the deposit.
Step 10. PayPal will send in 2 days 2 deposit amounts less than 2 Euro whether to Payoneer account or Bank account.
Step 11. Go to PayPal account then click on confirm bank account and type the 2 PayPal deposit and press confirm.
Step 12. Congratulations you successfully linked the PayPal account with the Payoneer bank account.
- After all, you confirmed your Payoneer account in PayPal then worldwide you can receive payments. When receiving payments in PayPal you can withdraw to Payoneer easily.
- Note: PayPal doesn’t know that you are connecting Payoneer don’t do any mistake otherwise PayPal will close your account Payoneer bank account.
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However, that’s all about PayPal and the method to link Payoneer with PayPal. Those were the steps to create a PayPal account and Link with Payoneer. In case, if you faced any kind of problem feels free to share with us in below comment section.