PayPal Accounts

PayPal accounts provide a means for sending and receiving money via a Web site or through email without the need for an online merchant account. PayPal Accounts allow the sale of products and services and the collecting of donations. Money can also be sent to a friend or relative for any reason. Read the frequently asked questions below regarding PayPal accounts, then click the link to sign up for your new PayPal account.

Frequently Asked Questions about PayPal Accounts

Will my PayPal account be charged a setup fee?

No, there is no charge to initiate the PayPal accounts.

Will my PayPal account be charged a monthly fee?

No, there are no monthly fees associated with your PayPal account.

Will my PayPal account be charged a gateway fee?

No, there are no gateway fees associated with your PayPal account.

Will my PayPal account be charged a shopping cart fee?

No, there are no shopping cart fees associated with your PayPal account.

Will PayPal charge a fee when I purchase with my Pay Pal account?

No, PayPal.com does not charge fees to the purchaser.

Will I be charged a fee when I sell or collect donations with my Pay Pal account?

Yes, as with any merchant account, PayPal.com charges the seller a per transaction fee and a discount fee – a small percentage of the sale.

What are the PayPal accounts transaction and discount fees for the US Dollar?

Up to $3,000 per month: 2.9% + $0.30 USD
$3,001 to $10,000 per month: 2.5% + $0.30 USD
$10,001 to $100,000 per month: 2.2% + $0.30 USD
More than $100,000 per month: 1.9% + $0.30 USD

Remember, PayPal reserves the right to revise the fees.

Are PayPal accounts required in order to make a purchase or donation?

Not any more. It was this way before but PayPal.com changed the policy. You may make ONE non-recurring transaction without opening a PayPal account however, PayPal creates a temporary PayPal account with credit card number used. If you use the same credit card again with so many months, PayPal will ask to open and verify an account.

Must I use my credit card when I pay with my PayPal account?

No. If you have a PayPal account, you may transfer money from your bank account to fund PayPal purchases.

How do I retrieve money from my PayPal account?

You have several options for retrieving money. Look under the "My Account" tab for the "Withdraw" link to:

Transfer funds electronically to your online bank account: No Fee
Request a check from PayPal: $1.50 USD

You can also use the money to:

Shop with a PayPal debit card: 1.5% cash back
Get cash out of an ATM with your PayPal debit card: $1.50 USD
Shop online with a PayPal virtual card: No Fee
Buy from over 30,000 PayPal Shops: No Fee
Pay your bills online with PayPal BillPay: No Fee

How do I Sign Up for my PayPal Account?

Go to PayPal.com.
Click the "Sign Up" link.
Choose Personal Account, Premier Account or Business Account.
Select your country.
Click the "continue" button and follow the instructions.
Submit your registration information.
You will receive a verification email from PayPal with additional instructions.

IMPORTANT – Please Read:

Email from PayPal will always be addressed to the name on your paypal account. Email that looks like it is from PayPal, but is addressed to any other name or no name in particular is phishing. Learn about phishing...