Customers often ask, "How to set up Paypal account?"

Well, its not difficult and anybody in the world can set up a Paypal account. Unlike most other payment gateways, there is no setup charges and the account is totally free. Paypal earns its income when a successful transaction is made. When your customer make a payment to you, Paypal charges about 3.5% as processing fee. This is how Paypal earn its revenue.

Below are steps to set up a Paypal account:

1) Visit Paypal website: www.paypal.com >> At the top, click on "Sign Up"

2) Choose "business account" if you intend to accept credit card/Paypal payment on your website. In other words, Choose this option if you want to integrate Paypal on your website.

3) You need to provide some basic information about your business and a valid email address:

*You do not need to provide bank account information when you first sign up. It can be updated later.

4) After filling up the information in the registration form, you will receive an email from Paypal to verify your email address. Just click on the verification link and the sign up process is completed.

5) Once you are done with the registration process, you may let us know the email address that is tied to your Paypal account. This is all that we need to know to integrate Paypal on your website.

*Paypal accept payment in various currencies, including SG dollars and many other well known currencies.

*When customer make payment to you, the money will be stored in your Paypal virtual account. Its like an online virtual bank account. When you need the fund that is stored in your Paypal account, you may login and request a withdraw to your local SG bank account. The transfer will take  to 8 working days and there is no processing fee for withdrawal above SGD$200. Please note that if you store your money in Paypal account, there is no interest like your bank account.