25 Sep 2020
September 25, 2020

Enrolling Your PayPal Account

0 Comment

Enrolling Your PayPal Account

Shop online, deliver money, and accept payments by connecting your money and debit card to your PayPal account.

What exactly is PayPal?

PayPal is a payments that are online where users can

  • Shop and also make acquisitions online
  • Forward cash with other PayPal users (users may be located in the Philippines or abroad)
  • Get money from credit/debit cardholders as well as other PayPal users (users may be situated in the Philippines or abroad)
  • Effortlessly use their account that is payPal as “digital wallet”

Simple tips to Open a PayPal Account

Obtaining a PayPal account is not hard!

  • Simply join at www.paypal.com and select “Philippines” because the nation.
  • Remember to select “Philippine Peso” once the currency that is primary.
  • PayPal reports are COMPLIMENTARY and it is possible to connect any protection Bank checking or checking account to your PayPal account.

Note: We have actually waived the PHP 200 Inward Remittance charges on PayPal Transactions.

Paypal for company

Paypal for Shoppers

Connecting Your Money

To link your protection Bank checking or checking account to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Click “Link a Bank Account” and you will certainly be directed to a form that is short
  4. Enter “Philippines” as your nation
  5. Enter your title – it should match the title in your banking account
  6. Enter “Security Bank” as your bank title
  7. Enter “010140015” as your bank rule
  8. Enter your 13-digit account number* – if you’re maybe not yes finding your bank account quantity, click.

*Note that checkbooks and declaration of records may mirror an account number that is 12-digit. In case your account quantity has 12-digits, add a 0 at the start of the quantity.

How to locate Account Numbers

If you should be enrolling a banking account, you will find your 13-digit account quantity by checking online banking, the mobile software, your declaration of account, your checkbook, or your passbook.

Particular declaration of reports and checkbooks may mirror a 12-digit account quantity. Put in a 0 at the start of the number that is 12-digit reach your 13-digit account quantity.

  • On Line Banking
  • Mobile Phone App
  • Checkbook
  • Passbook
  • Statement of Account

Linking Your Debit Account

To connect your safety Bank MasterCard debit card* to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Simply Simply Simply Click “Link a Credit Card” and you will certainly be directed up to a brief type
  4. Enter your card that is 16-character quantity
  5. Enter your Card Verification Value (CVV)
  6. Enter the target connected to the account as your payment address. This is basically the exact same target that seems in your month-to-month bank statement.
  7. Your debit card should be attached to now your PayPal account. Click “Confirm Card” to request verification.
  8. The code that is 4-digit for verification are present in your card’s next declaration of account. You could check always your deal history on Online Banking or call Security Bank’s customer support at 88-791-88 2 banking times after asking for verification from PayPal to obtain the confirmation code that is 4-digit.
  9. check my source

*Note that non-MasterCard ATM Cards such as for example Cashlink ATM cards may possibly not be associated with Paypal at the moment.

Sending Cash

You may possibly deliver cash to another PayPal individual if you have a debit or bank card connected to your PayPal account or your PayPal account has sufficient funds with it to pay for the total amount being delivered and any charges that PayPal may charge. To deliver cash, follow these steps:

  1. Click “Pay or deliver payments”
  2. In the event that receiver could be the a time that is first, key in the e-mail target or cellular phone quantity of the individual you wish to deliver money to – make sure that is proper.
  3. Go into the amount of cash you intend to deliver.
  4. Check always and verify the information entered and submit the payment.

Note in the event your PayPal account balance is not as much as the total amount you’d want to send, PayPal will either make the funds that are remaining the card connected to your PayPal account. If no card is connected to your Paypal account, absolutely nothing are going to be delivered.

You are doing perhaps not desire A paypal that is person’s account so that you can deliver funds. As of this time, PayPal makes use of the recipient’s email or telephone number so as to path re payments.

Withdrawing / Transferring Money from Your PayPal Account to your money

To withdraw funds in your account that is payPal to protection banking account, follow these steps:

  1. Be sure you are able to afford in your PayPal account
  2. Click “Withdraw” to be directed into the Withdraw Funds web page
  3. Select “Withdraw funds to your bank account”. Remember that withdrawals in which the quantity withdrawn is finished P6,999 are free from any withdrawal costs while a withdrawal below P6,999 is topic up to a P50 charge
  4. Key in the total amount you want to transfer to your money
  5. Always check and verify the withdrawal
  6. Very first withdrawal will require banking that is 5-7 to procedure; future withdrawals will need 3-5 banking times to process.

Your withdrawal could be refused by protection Bank if the conditions that are following perhaps not met:

  • Your safety banking account is perhaps not a checking or family savings
  • The title on your own PayPal account is various than the title on your own safety Bank account (when you have a Business account, the title on your own account that is payPal should your company title)
  • You failed to enter the proper account quantity. Please be aware that you need to withdraw to your money making use of your bank-account quantity, maybe perhaps maybe not your debit card.