Hello @goyanihardik24,
Welcome to PayPal Community Forum and thank you for posting!
I understand that you would like to create a new PayPal account. PayPal is a payment platform with a website and a phone app that enables payments between parties through online money transfers. Your primary balance is your default currency. Your default currency is used to transact payments. The currency of account depends on the country that you have registered and would receive money in the same currency. Here's the help center article to manage currency. Please check this link to know all the information. To open a Personal account, you need to provide your:
- First and last name
- Address
- Phone number
- Email address
For your protection, you'll also need to create a password for your account and choose 2 security questions. After you sign up for an account, you can transact hassle free. You can add a payment method like a debit or credit card, or a bank account. Also, you will be prompted to provide more details once you sign up. Here's the difference between Business and personal account.
Personal: Recommended for individuals who shop and pay online, or wish to send or receive personal payments for shared expenses such as splitting of dinner bills or rental charges; for casual sellers or non-businesses who wish to get paid online, and who also make online purchases.
Business: Recommended for merchants who operate under a company/group name. It offers additional features such as allowing up to 200 employees limited access to your account and customer service email alias for customer issues to be routed for faster follow-ups.
Good Luck,
Ayesha
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