How to open a PayPal account

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PayPal has expanded the possibilities for p2p-payments in Ukraine since March 2022. This actually means that card-to-card transfers between individuals have become available. You can help friends and family using a reliable international payment instrument.

I am glad to see the absence of commissions. But it is, firstly, temporary, and secondly, there are nuances. For example, some banks that issue cards still have commissions and they introduce them according to their own rules. Therefore, it is important to assess all the risks, to understand how favorable this particular payment system is for you. Our experience of using the system has shown that it has few disadvantages. And we often recommend it to our clients.

Why may I need a consultation when opening an account?

Many people have questions regarding the use of the system:

• commissions;
• payment geography;
• opening business accounts;
• currencies available for transfers.

In such cases, you simply need the help of a financial consultant from Legal Solutions.

The Legal team will show you how to use PayPal features to the best advantage. It does not matter whether you are an individual or a business representative. We are ready to help everyone. For example, we will show you how to use this payment system on foreign freelance platforms. We are talking, first of all, about Upwork. Russian users have left this global platform. It's high time for us to take over the market! And it is hard to find a more convenient way of mutual settlements than PayPal.

For Ukrainians who are located in Europe, the Legal team offers opening accounts remotely. Your minimal remote participation is required.

For multi-currency transfers, see Wise account opening for Ukrainians.

Become one of 300 million active users of PayPal. The system has been operating since 1998.

If you have any questions, we are always waiting for you:

• by phone;
• by e-mail;
• in messengers.

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