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How to Open a PayPal Account Part 1

PayPal is a safe method of payment on eBay. No service can make a slow or lazy seller into the picture of efficiency. The advantage of PayPal, though, is that you
don’t have to get your hands dirty.
The folks at eBay know a good thing when they see it, so they acquired PayPal late in 2002. Now PayPal payments are integrated into eBay’s checkout process.
PayPal is a safe method of payment on eBay. No service can make a slow or lazy seller into the picture of efficiency. The advantage of PayPal, though, is that you don’t have to get your hands dirty.
The folks at eBay know a good thing when they see it, so they acquired PayPal late in 2002. Now PayPal payments are integrated into eBay’s checkout process.

Register at PayPal

When you register to use PayPal, you have to give your name, address, phone number, and e-mail address. You also have to make up a password.
Make your password more than six characters, and use numbers and letters.
You have to select a security question. The safest is your first pet’s name, your city of birth, or the last four digits of your Social Security number. You have to click to put a check mark next to the paragraph that says you have read and agree to PayPal’s User Agreement and Privacy policy. When you understand what PayPal’s about and what it expects of you, click Sign Up.
PayPal sends you an e-mail confirming your registration. The e-mail arrives, almost instantaneously, at the e-mail address you used at registration, and the message contains a link. When you receive the e-mail, click the link to visit the PayPal site. Enter the password that was used to create your account. Bingo — you’re in.

Give PayPal credit card or checking account information

Of course, you also have to add a credit card number to your PayPal account if you want to pay for anything with a credit card (or plan to sell on eBay). If you don’t have a credit card — or would like to occasionally pay for things directly from your bank account — you have to register your checking account.
This may make you squirm; you’re not comfortable giving that type of information to anyone, much less putting it out on the Internet. Relax. PayPal uses military-strength encryption technology to keep your account information safe, so don’t be afraid to give up your data.
To register your credit card, you’ll have to input the name on the card, the expiration date, and the card verification number — the three-digit number on the back of the card, imprinted next to the last few digits of the card number in the area where you sign. PayPal also asks you to supply a billing address.
**On an American Express card, the card verification number is the four-digit number on the right side of the face of the card.
When you enter all the information PayPal needs, click the Add button. PayPal submits your information to your credit card company for confirmation. This process may take a minute or so, but eventually your credit card company says you are who you say you are, and the card is added to your PayPal account. You can register four active credit cards.
Registering your checking account is just as easy. You supply the information from the bottom of one of your checks.
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