PayPal: Steps in Opening and Verifying an Account

PayPal: Steps in Opening and Verifying an Account

PayPal is a globally accepted payment method that every online business and career individuals must have. Opening and verifying our PayPal account is imperative if we are serious enough to make money from our online work. Receiving payment for our work is one of the major considerations we have to deal with accordingly before going further into the online activities.

If this is your first time exploring the online field of working, chances are you might be overwhelmed by the influx of information coming into your way. Let this blog post guide you as you pave your way into the complicated yet marvelous and exciting online world.

Why Do We Need to Talk About Payment?

Let’s accept it, we came to learn about working online in order to earn an additional amount or probably to make it as our primary source of income. It is imperative that before we jump right in, it should be clear from the start how we are going to get our payment.

Opening a PayPal Account

When I started my online journey in 2011, having a verified PayPal account was the first thing I worked into. There are some changes in the process and what I’ve been through may not be the same as what newcomers in this playing field might experience. But still, many individuals who showed interest eventually lost it because they could not figure out how to have a verified account.

That’s the main reason why I have decided to provide you with this guide. It is easier than you think.

Requirements for Securing a PayPal Account

  1. You must be 18 years old upon signing up.
  2. You should have at least one (1) national ID. Refer below for the list of acceptable ID’s (applicable to those who will be opening an account from the Philippines)
  • Passport
  • Driver’s license
  • PRC ID
  • Postal ID
  • TIN Card
  • Voter’s ID
  • Philhealth ID
  • Senior Citizen’s ID
  • OFW ID
  • A valid and active email

Steps for Opening an Account

Opening a PayPal account can only be made online so check your internet connection before signing up.

Go to and click SIGN UP. You will be prompted to choose between two types of account. Showing at the left is a personal account while the one on the right side is a business account. Choose the personal account or Buy with PayPal. You can create a business account if you decide to pursue an online business in the future.

A preliminary form will be available for you to fill-up. The country will appear based on your location. Enter your valid and active email address and the desired password which should not be less than 8 characters. Click Continue.

Another form will appear and this time, it will mostly be about your personal details. Click the confirmation button and click Agree and Create an Account.

After successfully completing the form, you have to proceed to your email to check on the confirmation email sent by the site. Click the link on the email to confirm your account.

It’s easy, right?

But the point is, most online sites do not accept unverified PayPal account. So that’s not the end of the story. You have to verify your account with the use of a credit card (Master Card or Visa). This is where most newcomers fail so take time to learn more by referring to the guide below.

Verifying a PayPal Account

PayPal verification process is not as complicated as you think it is. The process is simple. As stated on the PayPal’s website, we add a Master Card or Visa, follow the process and presto, you have a verified account!

Unfortunately, while it may seem easy, many people could not really understand how to do it the proper way. I personally encounter people asking for a guide on how to do it and I can say that one out of ten can follow instruction successfully.

What Do You Need for Verification?

We need a Credit Card. Like I mentioned above, a credit card can be a Master Card or a Visa. Mastercard and Visa are forms of payment acceptable worldwide. So whether your credit card is a Visa or a MasterCard, the site will definitely accept those.

Steps for PayPal Verification

Log in to your account and click Wallet (located at the upper menu bar). You will see on this page, Bank Accounts and Credit Card data. Click Link a Card. Fill out the form and click add a credit card.

PayPal will require you to verify the credit card by providing the PayPal Code. We can get the code on the bill provided by the Credit Card company. Usually, the billing statement will be sent to us after a certain period, so to save us from waiting, we can directly go to our credit card issuing company or by any means we can contact them. Personally, I emailed my bank requesting for the Code which I immediately received after providing the requested information.

Once you have your Code. Enter it on the box provided in your PayPal account. The verified status will appear on your account on the following day. A small charge that was deducted from your credit card will now appear on your account as a starting balance.

Once you have a verified PayPal account, you can now apply to different online earning sites.

If you are from the Philippines, stay tuned for my upcoming blog about the fastest way to Verify your PayPal without using a credit card.


There may be a lot of payment processors available online, however, a majority of the online sites preferred PayPal thus, they required a verified PayPal account before accepting a new member.

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