PayPal is a payment processor that makes online shopping easy. More and more websites are accepting PayPal as payment. PayPal allows you to buy without having to enter your credit or debit card numbers each time make you make a purchase.
PayPal also allows you to receive money in your PayPal account and credit it to your Visa credit or debit card in Honduras. This is an option that some days ago was not available for Honduras, previously we could only make payments in Honduras, and now we can also receive them.
How to pay with PayPal in Honduras
Opening an account with PayPal is easy, you just need to go to the PayPal website and fill the required fields. You will need a credit or debit card that has a confirmation number on the reverse to make online payments. It is preferable to use a VISA card, as this will allow you to get paid in your PayPal account.
The VISA debit card of Banco Atlantida does not work with PayPal, because it doesn’t have the verification number on the reverse. It is preferable to use the debit card of Banco Ficohsa. At least, that is the card I have used successfully, I can not vouch for the cards of other banks.
You can use debit cards in dollar or lempiras accounts, but I think it is more convenient to use a dollar account, as most online payments are made in dollars. PayPal charges a fee for currency exchange.
How to Verify a PayPal account
PayPal will ask you to verify your account in order to provide more security for the vendors. Verifying your account will allow you to remove the limit on payments.
Verifying your account is easy. You go to your PayPal account, click the link to verify the account, follow the process indicated, and they will charge your card for the value of US$ 1.95 or the equivalent in national currency. Then you will check your statement of account and look for the four-digit code associated with this charge, enter the code in your PayPal account and that’s it. The US$ 1.95 charge will be credited back to you.
PayPal to sell online
With a personal account on PayPal you can send and receive money online, but those who are engaged in selling online need a Premier or Business account. The first is for individual vendors and the second for companies.