Ok. OK. So it isn't so much for your website that I'm talking about. This IS more for the blog. But the beginning portion WILL pertain to you in either case.
PayPal is a great way to send and receive money, especially if your not a big business with tons of resources. You just have to open a PayPal account. On the surface, it isn't really that hard. But you DO have to have some patience when opening one because of verification policies that they have. Which shouldn't be a problem because those policies help protect us all from fraudulent practices.
just like an email, or like signing for your blog or Google AdSense, you follow the directions and enter the appropriate info that they ask for. But one of the things you absolutely have to have in order to open one is a bank account, at least to be able to deal with certain vendors and affiliates. Trust me. You will want to verify your PayPal account. Otherwise, you will be stuck with only being able to send receive money to other PayPal account holders via email identification. Can't remember if it applies to receiving money via credit card or not. You will have to take a look at their policies on their website. But, in short, you WILL want to have a bank account to verify your PayPal account.
Is there anything else that can be done IF you don't have a bank account to accomplish the same thing ? Actually, YES ! That's the good news. And how is it done ?
Believe it or not, the Walmart Money Card ! Yep, you read it right ! The Walmart Money Card. REALLY handy for situations like this. I know first hand. Because I DON'T have a bank account myself. Not anymore any. So let me cover the Walmart Money Card first before going any further with PayPal. I think people, especially those like me, are really going to need it. And let's face it. We are trying to figure out how to go from rags to riches in reality. And if your in the rags department, you might have nothing but the local library with an internet connection to start off with. So here it goes.
Of course you can go to Walmart and pick up one of these prepaid cards with the Visa logo. You can also pick a prepaid card up at some 7 Elevens's under the Greendot brand name. You can get a Greendot prepaid card online as well. There are other prepaid cards out there, such as the one you can get from Walgreens. And different ones you can get off of the internet. But the one I have used and know works is the one from Walmart. You are going to need $20. It might actually be $23, I can't quite remember. I have had mine for a while. But you purchase your card at Walmart for $20 and each time you load money on it it costs $3. You can go to a Walmart and pick up the info to get all the fees that it might have.
Your card is ready to go and just has to be activated, just like a regular credit card, and then it is ready for use. But the card you get at Walmart is just a starter card. You need to call and activate the starter card. You also need to call to give them your basic information, again, just like a regular credit card. They will send your replacement for the starter card to the address you tell them on the phone. But don't use a P.O. box, it won't work. Tried already. So you need to have a real address to send it to.
Set up your pin number and all the thinbgs they tell you to do. But this is kicker. Sign up online with your password/pin number and get into your account online. Go to the area that talks about direct deposit. They show how to get up for direct deposit, and a pop up window appears that shows you the routing number and account number for you to use. This is the magic information. They give it to you in a printable form for you to send to whoever you are doing direct deposit with. And when I went to get set up with mine and PayPal, I started to sweat a little. Wasn't sure it was going to go through. But, happy happy, joy joy ! It did ! I used the direct deposit information within PayPal like a regular bank account. Well, it IS a regular bank account, but with no branch to go to. And you shouldn't have to wait for thr replacement card in the mail to get started.
Now that you have your bank account info ready to go, you can now go to PayPal and sign up. They make fairly easy. You just login with your email address once your set up. Just follow their instructions to do so, just like all the tings we have done so far. You know, the email and the blog, and the AdSense.
When you go to verify your account in PayPal, they will ask you to verify your email address as well. Then, when you go to verify your PayPal account itself, you will enter your bank account info and they will send you some dollar amounts to check it out and make sure it is good. This process can take a couple days, and was what I was referring to when I said it takes patience. When I was getting mine verified, I was on pins and needles wondering if it was going to go through or not. I got pretty anxious ! Well, now you don't have to go through what I did. Mine went through, so I am sure yours will as well.
Assuming you are ready with your account verified with PayPal, let's move on to the next step. Which I am going to put in the next post. I really hate it when my articles get too long. And this one is getting close !
As always, please donaye to my site with the PayPal button in the top right corner of this page. ANYTHING you can donate is greatly appreciated ! Thank you !
Friday, January 8, 2010
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