The world’s most widely used cross-border wallet, supporting multi-currency balances, online checkout and international P2P transfers — the default payout tool for many merchants and freelancers.
!Not a bank. PayPal operates as a globally licensed payment institution (EMI / money-transmitter licences in many jurisdictions); balances are not bank deposits; wallet balances are e-money / stored value, NOT deposits, and are outside deposit-insurance protection. Funds are safeguarded in segregated / trust accounts under the applicable rules, not covered by any deposit guarantee scheme.
Yes. Available in 200+ countries and regions; you need a local mobile number, email and a card. Cross-border receipts and currency conversion carry fees, and features vary by country.
No minimum top-up — a bound card is charged per purchase｜Domestic friends-and-family payments are free; cross-border personal payments cost about 5% (with min/max); currency conversion is typically 3–4%; merchant receipts are charged separately.
Unverified accounts have sending and receiving caps; verification raises them, though some countries keep annual receiving limits. Check your account page. In most countries balances are not deposits and are not deposit-insured.
Yes. Available in 200+ countries and regions; you need a local mobile number, email and a card. Cross-border receipts and currency conversion carry fees, and features vary by country.
Local bank account: Not required — you can bind international cards; a bank account is only needed to withdraw. Items typically needed: Email and mobile number; An international credit or debit card (Visa, Mastercard, etc.); ID document (required for verification in some countries); A bank account for withdrawals.
Typically: Email and mobile number; An international credit or debit card (Visa, Mastercard, etc.); ID document (required for verification in some countries); A bank account for withdrawals.
How to sign up: Fully online — register on the web or in the app with an email and card (About 10 minutes to register; card verification takes 2–7 days). Steps: 1) Register a personal account at paypal.com or in the app 2) Verify your email and mobile number 3) Link a credit or debit card and complete the small verification charge 4) Upload ID documents if your country requires verification 5) Add a bank account when you need to withdraw Fees: Domestic friends-and-family payments are free; cross-border personal payments cost about 5% (with min/max); currency conversion is typically 3–4%; merchant receipts are charged separately.
Unverified accounts have sending and receiving caps; verification raises them, though some countries keep annual receiving limits. Check your account page. In most countries balances are not deposits and are not deposit-insured.
E-wallet rules change often — always follow the latest instructions in the official app.