How to Start an Online Business With PayPal

1. Register a domain name for your business. A domain name is the web address you type into your browser to reach your intended website. For example, PayPal.com is a domain name. Domain registrars can charge anywhere from $1 to over $14 per year. Choose a domain name that is catchy and memorable.
2. Locate web hosting for your website. A web host has servers that maintain content and traffic for multiple websites and can charge as little as $3 to $100 per month for web hosting. Choose a less expensive web hosting package to minimize your expenses as your business grows.
3. Sketch out the description, price, and any images for the items you will sell. Use word processing software to explain your product or service and check for grammatical and spelling errors. You can also copy and paste information over to your website once it is created.
4. Register with PayPal as a business. Registration with PayPal takes minutes and you can be up and running within minutes. Visit PayPal.com and click on the blue link requesting you to sign up. You need a unique password, email address, business name, and address. You also need to link a debit or credit card and checking account to your PayPal account in order to become verified. PayPal will deposit two transactions of less than 20 cents into your bank account that you will need to verify. You will also need to input the details of each item or service you are selling as PayPal will issue you a unique code to integrate into your website so payment will go into your account.
5. Hire a freelance web designer to design your website. You can hire freelance web designers by going to sites like guru.com, elance.com, or getafreelancer.com. You may also design your own site by using free or paid website templates, some of which will integrate with PayPal. Be sure to take the coding that PayPal will provide to you for each product or service you are selling to integrate into your website.