Posted on 05/11/24 01:20 pm
PayPal is global payment software that conducts P2P and B2B transfers. The company was founded in 1998 in California and today has 435 million customers worldwide. Among the reasons to register PayPal wallets are the provision of debit and credit cards, which are free to use with numerous banks internationally.
PayPal does not impose tariffs or charge users to set up a PayPal account for commercial or private needs. Its revenue is generated from a 2.99% chargeback on transactions. Additionally, it sets a fee ranging from 1.9% to 3.49% for B2B money transfers. To decrease the waiting time for funds, a 1% fee is required.
The service enjoys a high number of users for understandable reasons. The fair fees, user-friendly policy, and simple navigation contribute to its popularity, prompting many to register a PayPal account. However, it requires several personal details during registration, including a phone number.
For more than 20 years, PayPal has been recognized as a reliable and trustworthy system for money transactions. The mobile app deserves special attention, making any payment easy and fast.
The mobile app is available for the two most popular operating systems, iOS and Android. Therefore, you can download PayPal using Google Play or the App Store, but first, it is useful to learn about the advantages and disadvantages of the service.
Pros of PayPal
Cons of PayPal
So, if you want to register a PayPal profile, below we will explain the registration process.
To set up a PayPal account, you will need to provide the service with certain personal information, such as your phone number, full name, and residential address. This is not surprising, as almost all payment services require the same information.
To set up a PayPal account, follow this straightforward process:
Congratulations! You are now the owner of a new PayPal account, which you can use to make quick and convenient online payments.
However, many fear that sharing this information just to create a PayPal account poses safety risks. PayPal profiles have been hacked periodically, despite all security efforts. Aware of this, users who want protection online look for solutions to bypass this requirement. Services that provide virtual phone numbers are perfect for these individuals.
SMSOTPVERIFY is a platform for obtaining virtual numbers that can receive SMS. Here, you can get an anonymous virtual number and use it to register for PayPal without your private phone number. It’s a cheap and reliable feature that is far superior to other solutions, such as a regular SIM card.
Virtual Number for PayPal Registration
The procedure for getting a virtual number is as follows: