PayPal is a worldwide money transfer system which lets you not only send money to other PayPal accounts, but also comfortably and securely shop from abroad. The seller won’t get your credit card info and can’t misuse it.
How to set up PayPal?
Let’s start at this page where you tick “Personal Account” Then continue to the next page where filling in your email and password is required. You should pick strong password, which means a combination of upper and lower case characters, numbers and special characters.
The next thing you have to do is to fill in a short survey asking who you are and where are you from. Try avoiding diacritic so the good people of China won’t have problem reading your information. Maybe it doesn’t matter too much, but I chose not to use it.
Now you need to add and register your credit card. For authorization reasons, 1 USD will be withdrawn from your bank account. Don’t worry, you will get your money back to your PayPal account once the authorization is completed. This step is voluntary and you can skip it by clicking on the PayPal logo.
Almost completed. Now you have to wait for an email from PayPal and activate your account.
Do I need to add my credit card?
No. If you don’t want to share your credit card info with PayPal, you can use the account as a wallet and transfer your money there via bank transfer.
There are two choices. You can choose either standard bank transfer, which takes quite a long time or an instant deposit, which is way faster. Both methods can be found in the Top Up menu.
For standard bank transfer the name of your PayPal account must match the name of your bank account. You can find the name of your bank account in your bank statement. Also don’t forget to fill the transfer ID in the Message for recipient box.
Quick deposit is, on the other hand, much more comfortable and faster. Just choose your bank and you’ll be redirected to their website.
After you top up your account you can start enjoying all the benefits of PayPal. For example shopping in China for reasonable prices.
Don’t hesitate asking any further questions.