How to Receive Payments on PayPal
PayPal is a service that allows members to purchase items online but to receive payments electronically. Receiving payments via PayPal can facilitate transactions such as selling items on your website or through classifieds, accepting donations for your nonprofit organization, getting paid by your employer and receiving money a friend owes you. To begin receiving payments, users must become PayPal members and arrange with the payer to have the funds transferred to the PayPal account.
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Instructions
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Sign up for a PayPal account if you have not already done so. Choose one of the available account types. You will require a Business account if you plan on receiving payments under a company or group name, accept all payment types for low fees or accept payment from customers who are not PayPal members. Opt for a Premier account if you need to receive credit card payments or expect the account to have a high transaction volume.
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Check your email inbox for a message from PayPal. It will contain a link to the PayPal website. When prompted, enter your password and your email address to confirm your account.
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Link your PayPal account to a bank account or credit card to which you can transfer the funds you receive. Click on the "Profile" within the "My Account" tab at the top of the window. Select the "Add or Edit Bank Account" or "Add or Edit Credit Card" option.
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Provide the parties from which you will be receiving payment with the email address linked to your PayPal account.
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Check if a payment has been deposited into your PayPal account by logging in to your account and selecting the "Overview" option from the "My Account" tab. Any received payments will appear in the "My Recent Activity" field.
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