Enrolling Your PayPal Account

Enrolling Your PayPal Account

Shop online, deliver money, and enjoy payments by connecting your money and debit card to your PayPal account.

What exactly is PayPal?

PayPal is an online repayments system where users can

  • Shop making purchases online
  • Forward cash to many other PayPal users (users could be located in the Philippines or abroad)
  • Receive money from credit/debit cardholders as well as other PayPal users (users could be located in the Philippines or abroad)
  • Efficiently use their PayPal account as a “digital wallet”

How exactly to Start a PayPal Account

Finding a PayPal account is not difficult!

  • Simply join at www.paypal.com And“Philippines that are select because the nation.
  • Remember to select “Philippine Peso” since the main money.
  • PayPal reports are COMPLIMENTARY and you can easily link any protection Bank checking or checking account to your PayPal account.

Note: We have actually waived the PHP 200 Inward Remittance charges on PayPal Transactions.

Paypal for company

Paypal for Shoppers

Connecting Your Money

To link your protection Bank checking or checking account to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Click “Link a Bank Account” and you’ll be directed up to a form that is short
  4. Enter “Philippines” as your nation
  5. Enter your title – it should match the true title on the banking account
  6. Enter “Security Bank” as your bank title
  7. Enter “010140015” as your bank rule
  8. Enter your 13-digit account number* – if you’re maybe perhaps not certain how to locate your bank account number, click on this link.

*Note that checkbooks and declaration of records may mirror a 12-digit account quantity. In case your account quantity has 12-digits, include a 0 at the start of the quantity.

How to locate Account Figures

You will get your 13-digit account quantity by checking online banking, the mobile application, your declaration of account, your checkbook, or your passbook if you should be enrolling a banking account

Specific declaration of records and checkbooks may mirror a 12-digit account quantity. Put in a 0 at the start of the 12-digit quantity to arrive at your 13-digit account quantity.

  • On The Web Banking
  • Mobile Phone App
  • Checkbook
  • Passbook
  • Statement of Account

Linking Your Debit Account

To connect your protection Bank MasterCard debit card* to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Click “Link a Credit Card” and will also be directed to a form that is short
  4. Enter your 16-character card quantity
  5. Enter your Card Verification Value (CVV)
  6. Go into the target connected to the account as your payment target. This is actually the address that is same seems in your month-to-month bank declaration.
  7. Your debit card should be attached to now your PayPal account. Click “Confirm Card” to request verification.
  8. The 4-digit code required for verification is available in your card’s next declaration of account. You may also look at your transaction history on Online Banking or call Security Bank’s customer care at 88-791-88 2 banking times after asking for verification from PayPal to have the 4-digit verification rule.

*Note that non-MasterCard ATM Cards such as for example Cashlink ATM cards may possibly not be associated with Paypal at the moment.

Sending Cash

You might deliver cash to another PayPal individual when there is a debit or charge card attached to your PayPal account or your PayPal account has sufficient funds with it to pay for the total amount being delivered and any costs that PayPal may charge. To deliver cash, follow these actions:

  1. Click “Pay or deliver payments”
  2. In the event that receiver could be the a very first time receiver, key in the e-mail target or online payday loans South Carolina direct lenders mobile amount of the individual you wish to deliver money to – be sure this can be proper.
  3. Enter the sum of money you wish to deliver.
  4. Always check and confirm the information entered and submit the payment.

Note when your PayPal account balance is significantly less than the total amount you’d prefer to send, PayPal will either make the remaining funds from the card connected to your PayPal account. If no card is connected to your Paypal account, absolutely nothing will likely be delivered.

You are doing maybe not desire A paypal that is person’s account to be able to deliver funds. Only at that true time, PayPal utilizes the recipient’s email or contact number so as to path re payments.

Withdrawing / Transferring Money from Your PayPal Account to Your Bank Account

To withdraw funds in your PayPal account to a safety banking account, follow these steps:

  1. Be sure you are able to afford in your PayPal account
  2. Click “Withdraw” to be directed towards the Withdraw Funds web page
  3. Select funds that are“Withdraw your bank account”. Keep in mind that withdrawals where in actuality the quantity withdrawn has ended P6,999 are free from any withdrawal costs while a withdrawal below P6,999 is topic up to a P50 charge
  4. Key in the quantity you want to transfer to your money
  5. Always check and confirm the withdrawal
  6. Very first withdrawal will require banking that is 5-7 to process; future withdrawals will require 3-5 banking times to process.

Your withdrawal could be refused by protection Bank if the conditions that are following perhaps perhaps not met:

  • Your protection banking account is maybe maybe perhaps not a checking or family savings
  • The title on your own PayPal account is distinct from the title in your safety Bank account (when you have a company account, the title in your account that is payPal should your online business title)
  • You failed to enter the proper account quantity. Please be aware you have to withdraw to your money utilizing your bank-account quantity, perhaps not your debit card.

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