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Archive for the ‘Paypal’ Category

If you are to receive money from an online employer, you need Paypal (unless, of course, you choose to receive payments via mail which will probably take about 15 days to a month to process). Yes, you can receive payments with Paypal but unfortunately, you cannot withdraw from your Paypal if your account is not verified.

The first way to verify Paypal is through its most common way – the credit card. Credit cards are the best way to work with Paypal as you can just call the bank and ask for their bank code and you won’t have a problem going through the verification process. Above all that, you can also add funds to your Paypal with no trouble.

For those that don’t have a credit card or cannot get one at the moment, the alternative way to verify Paypal is through Unionbank’s Eon debit card. The Eon is a bit like a credit card, except it only works if you have actual funds in it. Unionbank’s alternative works especially with Paypal as it is designed for online transactions. All you need is 2 IDs, an application form and P350 for their annual fee for the card. After 5-7 days, you can return to get the card, call the bank for their code and go through the verification process. Eon also works like an ATM card so you can withdraw anytime and even use it for card transactions.

Having work online will require you to receive payment online as well. Not all easy money making skills or online jobs give the option to payout through banks so usually the only actual option is through checks sent by mail, or thanks to advanced technology – Paypal or AlertPay.

What is Paypal?

Paypal is an online business that processes payment transactions done over the internet. Online transactions nowadays are done with Paypal in exchange for checks, money orders and bank transfers which are more complicated and can take a longer time just to transfer money or make payments. Thru Paypal, you can pay bills and sales within minutes in EBay or other companies affiliated with Paypal, and transfer funds from Paypal to Paypal with just a click – convenient for businessmen.

Creating and Verifying a Paypal Account

Creating an account in Paypal takes only a few minutes. Verifying is the hard part. Of course, you don’t have to verify it, but without verifying it, you won’t be able to withdraw so even if you do earn, you can’t get the money.

A credit card is the most common way to verify a Paypal account. To verify your Paypal, call your bank to get the code and follow instructions to finalize your verification. Once you’ve completed the process, you can finally withdraw money and even add funds to your Paypal automatically.