Do you need a credit card while setting up a Paypal account? here in this post take a look at the guide below to get a Paypal account without a credit card.
Well, we will share with you all the details about whether Credit Card required for PayPal or can you make a PayPal account without a credit card?
PayPal is one of the platforms that helps you to send or receive payment internationally and locally, however, not only this but PayPal allows users to shop online and make payments from Paypal.
So many of you may be thinking Can you use PayPal Without Credit Card? The short answer is absolute. PayPal doesn’t limit you to these terms.
You are fully free to use PayPal services without holding any Credit or Debit card?
Read More: Does Walmart Accept PayPal?
Do You Need Credit Card For PayPal?
PayPal doesn’t limit users for any particular subject, therefore you are eligible to use PayPal without a credit or debit card.
Although you will be required to open a free account with PayPal using your bank. Once the PayPal account is successfully created you can link your bank account to the PayPal account.
PayPal may take 3 to 5 business days to approve the account, but as soon as your account is activated and the bank is linked with PayPal you can send and receive money directly from your bank account.
The process does work in the same manner, like debit card or credit card works. It withdraws money from the bank account in the receiving time, it deposits money straight to your bank account. Cool isn’t it?
Read More: What is Walmart Plus?
How To Get A PayPal Account Without a Credit Card?
Well, registering on PayPal is a simple process though you need to pay close attention to this to understand it properly. Follow the given steps.
- First of all click here.
- Choose from an Individual Account or Business account. (According to your need). The individual account won’t allow you to receive money. Though a business account allows you to both send and receives payment.
- Tap on the Next button.
- Enter Mobile Number An OTP (One time password) will be received on the given mobile number.
- Enter the OTP and follow the on-screen instructions.
- Once the account is ready, you can click on the settings and click on the link to a bank.
- Fill up all the details and send them for review. It might take up to 5 to 7 business days.
- Within this period, PayPal will send you two small payments (up to 1.5 RS) to the registered bank.
- When you receive the amount enter it into the PayPal account.
Congratulations !! you are now ready to receive payments.
Read More: What Is An Amazon Business Account?
PayPal Account Verification
As we mentioned above before you transfer money through the bank to vendors or vendors to your account, you will need to activate the account.
So the process of this is pretty simple: simply go to the PayPal site or app, log in with the login details and find the add bank. It will ask you to enter, full name, bank account number, and IFSC code. (You can get these details on the checkbook, or you can contact the bank to get them).
Once you enter the details and proceed, the PayPal team will review your account, and once they are satisfied with the details, they will approve your account verification. (this may take up to 7 working days)
Read More: Top 5 Legit Sites Like eBay
PayPal Account Limits
Can you use PayPal without a credit card & without any limit? We are sorry to say but NO!!. There are a few limits for the users which you must know before you create an account with PayPal.
If you just open the PayPal account and don’t link (Bank account, Credit card, and debit card) then you can’t make a transaction on PayPal. You will have to enable any of the above methods.
Yet, there are some limitations on transactions. You can send up to 10,000$ at a time and it may vary depending on the currency and the location you are making transactions.
But keep the thing in mind that, creating a Paypal account with a bank account is more beneficial, compared to creating an account with a credit card and debit card.
Why are we saying this? Well, Good question.
Wait let us explain, Once you link the bank account with Paypal, you can withdraw the money to the bank or spend it anywhere you want but the case is different with the credit card and debit card.
When you link any card with PayPal, and later someone sends you money in Paypal it can’t be used anywhere except within PayPal, like (Shopping). So before linking anything you should be aware of this.
Read More: Free eCard Sites Like JibJab
Conclusion
Well, the World shifting to digital money, digital shopping so there are a lot of platforms available that allow you to send and receive money.
PayPal is one of those and it’s working internationally. This is one of the great platforms for receiving and sending money across the world.
However many had some doubts about the linking process with PayPal, therefore we have written this article, and we hope in this post we covered everything regarding Do You Need Credit Card For PayPal.
We also hope this article was helpful for you and solved all your queries regarding Can you use a Credit card on PayPal and others.
If you still have any questions or suggestions regarding Do You Need Credit Card For PayPal you can leave us a comment below.
