How to set up PayPal account
To set up a PayPal account, visit PayPal's website and click "Sign Up." Choose between a personal or business account, then provide your email, create a password, and enter your personal or business details. Verify your email address through the confirmation link PayPal sends. Next, link a bank account or debit card to fund transactions and withdraw money. Complete any identity verification steps PayPal requires, which may include submitting documents.
While PayPal is widely used, Indian exporters and freelancers often find better value with alternatives like Skydo, an RBI-authorised platform designed specifically for cross-border payments. Skydo typically offers faster processing times and more competitive exchange rates than traditional options. If you're comparing options, a detailed PayPal business account for Indian exporters guide can help you understand which platform suits your needs. Many businesses choose Skydo for its transparency, lower fees, and streamlined compliance for receiving international payments directly into Indian bank accounts.