How do I sign up?
- Enter the www.paypal.co.il website and click on Sign Up.
- Choose the desired type of account (Personal, Premier or Business).
- Type in your email address, choose a password and fill in the requested personal details (which are stored with PayPal and never exposed to business owners), click on Agree and Create Account.
Congratulations! Your PayPal account was created successfully and you can now begin to make purchases on thousands of websites in Israel and worldwide.
How much does it cost to open a new PayPal account?
Joining PayPal does not entail any payment at all.
PayPal was founded in 1998 and offers a convenient, quick and secure way to shop and pay on the web. With over 90 million active accounts in 190 countries worldwide, PayPal is a kind of online wallet storing your credit card details securely and never exposing them online – neither to business owners nor to other customers. In addition PayPal provides protection for your purchases, so that if you did not receive a product you paid for, the company helps you get a refund. All you have to do is enter the website, choose the desired product, click on PayPal Checkout, type in your email address and password and enjoy!
Can I withdraw funds from my PayPal account?
When a PayPal account has a positive balance, you can transfer money for deposit in an Israel and/or American account and/or credit your credit card account. If you transfer it to your credit card, a service fee of NIS 22 will be charged. If you transfer up to NIS 1000 to an Israeli bank account a service fee of NIS 8 will be charged. A withdrawal of NIS 1000 or more to an Israeli bank account or any amount to an American bank account is free of charge.
Is registration to PayPal only in English?
In November 2010 PayPal launched the service in Hebrew, including a website that enables quick, simple and free registration in Hebrew. The website address is www.paypal.co.il .
Is there a service charge for using PayPal?
PayPal does not charge a service fee for opening an account. Fees are charged for certain transactions performed in the account.
Is it possible to pay in installments through PayPal?
At present, PayPal does not support installment payments. However, the company is constantly examining, introducing and amending product features.