Can I open and use PayPal Account without any other bank accounts? Like use PayPal as saving account, and checking account from which I can make payments, shopping… almost everything relates to banking….
Hai,
You can create paypal account but you may have to add your bank account to make online shoppings. You can't use your paypal account as a savings bank account. Paypal is just an intermediary service between our bank account and online shopping place. Paypal use our bank account in order to make online transactions. You can make payments as well as receive payments with the help of Paypal and they charge a small amount as their fee.
Hope these helped.
You can easily create a PayPal account. But in order to make online shopping you may need to add your bank account. PayPal doesn’t act like your usual banking account; it rather acts as an intermediary service between your bank and the online e-commerce or shopping sites.
To make online transaction, PayPal actually uses your bank account. You can make and receive payments from or to your bank account with the help of PayPal. For providing this service, PayPal will charge a small amount as fee.
So, in short, PayPal is a global e-commerce business that helps online payment and money transfer. Online money transfer is basically an electronic alternative of paying with paper currency, check, money orders etc.
Hi,
To create PayPal account is very simple, just visit the PayPal Web site and sign up then start using. It's free, and easy to do. Not only PayPal is easy to use but also the PayPal is cost effective too. You can do almost every type of online transaction via PayPal. You can send and receive funds via PayPal.
You can make your online payment; shopping and even you can use this PayPal account as your savings bank account. You can easily order your favorite item from website via PayPal.Â
You can now easily get rid of tradition payment method hazards.
Hello there,
Sad to say you cannot open a Paypal account without any other bank accounts. Because in order for you to activate and verified your Paypal account you should have an active bank account like credit card. And because you can use your Paypal account for shopping, as you savings account and use it to pay any transactions .
You have three options in order for you to set up you accounts like a credit card, checking account, or a savings account. But for you safety you can choose "play" accounts of sorts just for your online buying needs. Paypals also offers the options for a one time online purchase with your credit card without having to set up a Paypal account at all.
I Hope that I answer your question.
PayPal accounts can be used without any other account. In such cases, the PayPal account is termed as unverified account. In an unverified account, you will have a limit up to which you can send or receive money.
Once the limit is reached, you can’t transact any more amounts unless you verify your account. Signing up for PayPal is free. There are three types of account to choose from – Personal account, premier account and business account.
PayPal can be used for receiving payments online, shopping online or sending money to your friends and family. If you pay for goods and services, PayPal won’t charge you any fee. But when you use PayPal for other cases like paying for goods and services outside the USA, receiving payments for your goods or services,
You’ll have to pay a fee to PayPal.
