Hi @eone,
Welcome to the PayPal Community Forum and thank you for your post.
To receive money, all you need is a PayPal account with a confirmed email address.
Your email address is the only thing somebody needs to send you money. As soon as the payment has been credited to your PayPal account, we will notify you by email. You may then withdraw the funds to your bank account straight away or keep the money in your PayPal account to use for future payments.
All your transactions are stored in your account Activity so you can keep track of them.
More information can be seen here: How do I receive money through PayPal?
I hope this helps, have a nice day!
Rebecca
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