How to open a US paypal

During our last Ask Me Anything session, we received some interesting questions, including inquiries about 501c3s and opening PayPal accounts in the United States. Opening a PayPal account in the US can be a bit tricky. Firstly, you’ll need a US IP address, and PayPal has sophisticated measures to detect VPN usage. To navigate this, some clients have found success by having a meeting over Zoom or using a team member based in the US to assist with the process.

When applying, having a US address and a US tax ID is typically required. For personal accounts, this means having a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN), while businesses need an Employer Identification Number (EIN). Eventually, you’ll likely need an SSN or ITIN to fully utilize the account and verify ownership information.

However, the process is more complex compared to setting up bank accounts or other payment platforms like Stripe. PayPal’s stringent requirements, especially regarding tax IDs, can make it challenging. It’s not as straightforward, but with perseverance, it’s certainly possible.

I’ve been using PayPal for a long time, and while I wouldn’t say they “suck,” there are frustrations with their process. It seems that PayPal may make it difficult to open US accounts easily because they benefit from exchange fees when transactions involve different currencies. This may explain some of the hurdles users face when trying to set up US PayPal accounts.

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