Payment systems

How to Set Up a PayPal Account for Personal Use: a Step-by-Step Guide

Irina Tsymbaliuk

Managing money transfers online is essential in the era of remote business mode. One of the most trusted industry leaders in digital payments is PayPal, which provides a highly secure network. Whether you want to pay for something or receive payments, you should explore how to create a personal PayPal account first. We got your back with this step-by-step guide on how to start a personal PayPal account. Check our tips and tricks below!

Step 1: Creating a personal PayPal account 

#1 Choose your OS

To create a new account, jump on your favorite browser, go to PayPal’s website, and tap on the Sign Up button. You can also download the official PayPal mobile app for your iOS or Android device.

#2 Get personal

You’re reading this guide because you were curious about how to open a personal PayPal account. So, choose the Personal account type and tap Get Started.

State your location honestly when PayPal asks where you’re registered as a resident to avoid problematic financial laws and transaction rejection. Then proceed with Get Started again.

#3 Let them reach you

Enter your active mobile number, click Next, and insert the security code from an SMS.

#4 Create your profile

Provide PayPal with your accurate information: 

  • Email address 
  • First and last name
  • Password (follow PayPal’s instructions on it!) 

When you confirm your password, hit Next.

#5 Tell them more

Provide your billing address and personal details as they are in your passport or National ID. You must state all this information right: 

  • Nationality
  • Date of birth
  • Addresses 
  • Postal code & locality 

Check the boxes and tap Agree and Create Account.

Step 2: Adding payment methods to a personal PayPal account 

The next stage in learning how to set up a personal PayPal account is connecting your cards and bank to your freshly launched profile. 

So, here is how to create a personal account on PayPal with linked credit and debit cards.

1. Add your card details when signing up 

After the last step from the previous block, you’ll see this screen asking you to link a card:

  • Enter your card number 
  • Select the card type 
  • State the expiration date
  • Enter a CVC code (three digits on the back of your card)
  • Provide a billing address if it differs from your personal one 
  • Click Link Card

The platform will redirect you to your bank’s authentication page — enter a confirmation code you receive. That’s all!

  • Go to the Wallet tab and click Link a bank in the Bank Accounts section.
  • Tap on your bank on PayPal’s list and sign in to your online bank account, then hit Agree and Link.

Step 3: Verifying your account information

Without this critical step, you won’t be able to use the service. 

So, you should:

  1. Verify your mobile number

    1. Go to Settings, find the Phone Numbers section, and click Confirm.
    2. Enter the confirmation code from the SMS.
  2. Verify your email address

    1. After you’ve added your email to the PayPal profile, check your email inbox for a message from the company. Or go to Notifications/Settings and tap Confirm Email Address.

    2. Click the link PayPal sent you via email.
    3. Enter your password on a page you’ve got redirected to and click Confirm.

Handle your money easily and safely

Shopping, saving, donating, paying bills — whatever you want to do with your income, you can accomplish with PayPal. And you can also upgrade your personal account to a business one, which requires additional information like EIN or SSN. So, knowing how to make a personal PayPal account is imperative. We hope our guide helps you to master this task quickly!

Consider Rates as Your Trusted Partner provides accurate currency exchange rates for most common currencies and various exchange firms and banks. It's an easy-to-use service where you can pick a date and check the daily, monthly, and yearly rates. The platform updates all exchange rates every five minutes daily, so you can keep up with currency conversion rates for your PayPal account.


How do I create a PayPal business account without a personal one?

On PayPal's website, click Sign Up and select the Business Account option. Then follow the platform's instructions step by step. You'll have to provide accurate legal information about your business, so prepare all related docs in advance. Remember that you can always convert your personal account into a business one, but the reverse option is not available.

How do I open a PayPal balance account to receive money?

That's easy! Just sign up for a Personal account and provide your details. Confirm your phone number and email, and link your bank account or card to PayPal. You're good to go!

How can I withdraw money from PayPal to my bank account?

  1. Simply go to your dashboard in the PayPal profile and tap Withdraw money. Specify the amount you plan to cash out and click Continue. Next, review the information again and proceed with Withdraw.