If you are living in the UAE or visiting it frequently, you must adapt to an online payment system for your transactional activities. In this modern era, technology has advanced to the extent that, with one button click, you can manage your funds and save on travel time.
PayPal is an online digital payment service that has been extensively used in the UAE since 1998, particularly for individuals and business developers who can easily send and receive money. It is also available as a mobile app, which is much safer and faster for online transactions.
Best feature: safety and security
Many e-commerce businesses, like Walmart and eBay, allow their buyers to make purchases through them. This backs PayPal as a secure banking service that lets its users do the transactions and process all their payments with an online secure account.
Steps to open a papal account in the UAE:
In addition to its amazing and captivating features, opening an account on PayPal by visiting its official website, https://www.paypal.com/ae/webapps/mpp/pay-online, is also very simple and easy.
All you have to do is
- To create a personal or business account
- It would be followed by information about your error-free credit and debit card details.
- After that, you have to add the details of your Emirates ID.
- Following these details, you have to enter your current email address so that a confirmation message can be received from PayPal’s end.
- After email confirmation, you will be asked to provide your banking details for adding, withdrawing, receiving, or sending money.
- And the last step is to write down the purpose for your PayPal account creation.
That’s it; you are done with creating it.
For fund withdrawal
- Login to your PayPal account.
- Tap on “PayPal balance.”
- Next, tap on withdraw funds.”
- At the end, follow the steps for finishing your withdrawal activity.
For transferring funds
- After logging in, go to your PayPal wallet.
- Click on the fund transfer option, and after that, click on the transfer to your bank account option.
- At the end, follow the steps to finish your funds transfer activity.
For linking your respective bank account
- For smartphone users, click on menu, then wallet, and for others, the wallet option will appear on the home screen.
- Then click ‘link a bank account.”
- Next, choose your bank from the options given at the bottom.
- You may not instantly link to your bank account, and if not, use a manual way to link it and click the “Agree and link’ option.
PayPal’s company policies are as amazing as the app itself. Your money is absolutely safe and secure, and if you come across any fraudulent transaction history, PayPal customer service helps you recover that money.
To all the personals and businessmen residing in the UAE, PayPal is a must-have as it takes no time to create and costs nothing to open an account. You must give it a try and follow the steps mentioned above to open an account.