Paypal is the most trusted online payment processor and is very crucial for paying and receiving money. If you are a working online then it's a compulsion to have a paypal account.
In India for opening a paypal account you need to have a pan card without it you cannot open a paypal account in india. Paypal faced a lot of problem operating in India due to strict restrictions imposed by RBI or Reserve Bank of India. It was in this response , revealing your fifteen digit pan card number was made compulsory for opening a paypal account in India. If you don't have a pan card it is very easy to get one and it takes generally 14 to 20 days to get a brand new pan card. For getting a pan card you can either go to any UBI bank or approach a tax consultant. I got my pan card through a tax consultant and that seems to be the fastest way to get a pan card. After you got your pan card , go to paypal and decide what kind of paypal account you want. There are three option
It is sutable to get a premier account. After that click on " get started " and fill up the form and provide your 15 digit pan card number . Then click on "open account" and you will receive a conformation email regarding the activation of your account. At first you will get an unverfied paypal account, this account will put a cap on the amount of money you can receive and withdraw. Thus you need to verify your paypal account to remove this cap and you can do this by either conforming your bank account or credit/debit card. After the conformation is complete you will get a full verified paypal account through which you can shop and sell anything online.
Hi!
Try to sign up or recreate an account.
Hope this helps.
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