Question 1

Can Anybody Open a PayPal Account?

Accepted Answer

Yes, if you have an internet connection and an active email address, you can open a PayPal account. You'll need to upload a photo of your identification to activate your account. Although you can easily register a PayPal account, its full services are not available in all countries. Please check our review to see in which countries you can operate a PayPal account.

Question 2

Is PayPal Legal?

Accepted Answer

PayPal is legal in every region where it's operational. It's due to these legalities that it's not operating in certain countries. You can rest assured that when you register a new PayPal account, it'll warn you if you're in an unauthorized region. Its platform operates on highly advanced software that'll be able to see where your IP address is located.

Question 3

Can I Only Transfer USD With PayPal?

Accepted Answer

No, PayPal supports 26 various currencies worldwide. You can select the main currency you will be trading in when you register your new account on its website. If you wish to transfer or make payments in a different currency, the conversion will be done using the currency pair's mid-market rate.

Tag: PayPal