How to Create a PayPal Account for India-Based eCommerce?
Do you know that PayPal has about 426 million active users globally and it consists of both consumers and merchants? Being one of the most popular and reliable payment gateways, having a PayPal account solves most of your payment issues.
One of the biggest concerns that most eCommerce businesses face is having an effective and reliable payment gateway. In addition, customers mostly trust platforms that are well-equipped with swift payment systems that work seamlessly.
Indian eCommerce is booming at a fast pace. To tackle such high demand and ensure that customers have a good and safe experience while shopping, eCommerce businesses need to adopt a reliable payment gateway.
Among so many options for payment gateways, PayPal offers one of the best services for its clients, globally. So, in this blog, we are going to give you a guide on how to create a PayPal account in just a few simple steps.
Requirements That You Cannot Miss Before You Create Your PayPal Account
Before you start creating your PayPal account, you need to ensure that you have all the requirements. The following are some of the important things that you should have:
- You should have a valid and registered business
- PAN card
- Business Bank account linked to your PAN number
- GST certificate
Make sure that you have all your personal and business documents with you during the account creation process.
Stepwise Process for Creating a PayPal Account
Creating a PayPal business account and using the payment gateway can solve most of the issues that Indian eCommerce businesses face with payments. Here is how you can create PayPal account in just a few simple steps:
Step 1: First, you need to visit the official website and click on the PayPal sign up option.
Step 2: Once started, select the business account and click next to proceed.
Step 3: Here, make sure that you enter the email address that is not associated with any of your PayPal personal accounts.
Step 4: Now, you need to enter some of the basic information about your business.
Step 5: Click on the Agree and Continue option down below to proceed to the next steps.
Step 6: In this step, you need to provide some additional information about your business.
Step 7: Now, enter all your personal information such as nationality, address, identity proof, etc.
Step 8: After completing all of the steps above, you need to verify your email address.
Step 9: You are now required to enter your bank account information such as name, code, address, and account number.
Now, you have successfully created your PayPal business account and are ready to accept all your eCommerce payments through the payment gateway.
Wrapping Up
Today, with the pace with which eCommerce is growing, it is essential that your business is equipped with a reliable payment gateway method. For this, PayPal is one of the most effective and reliable platforms that you can choose.
Following this simple guide will help you create PayPal account. For any further assistance with eCommerce business development services, choose a reliable partner such as Zopoxo. Get in touch today!