2009

Virtual Terminal User’s Guide 11
3
Setting Up Your Account Before
Using Virtual Terminal
Before you start processing transactions using the Virtual Terminal, PayPal recommends you
make some changes to your account settings.
This chapter contains information about tasks you should perform before using Virtual
Terminal. The tasks are:
z Adding a Bank Account
z Confirming Contact Information
z Verifying an Extended Credit Card Name
z Granting Secondary Access to Virtual Terminal
z Revoking Secondary Access to Virtual Terminal
Adding a Bank Account
To add a bank account to your PayPal account:
1. Log in to your PayPal account at
https://www.paypal.com.
2. Click the Add a bank link in the Next Steps box.
3. On the Link your bank account page, complete the fields, and click Continue.
NOTE: You must confirm your bank account before you can add funds to your PayPal
account. PayPal automatically sends two deposits to bank account you have added.
The amount of each deposit is between 0.01 and 0.99 and usually appears in your
account in 2-3 business days.
4. Once you have received the two deposits, log in to your PayPal account, and then click the
Confirm Bank Account link in the Next Page box.
5. Enter the deposit amounts on the Confirm Bank Account page, and then click Submit.
Once you have confirmed your bank account, you can access your funds by requesting an
electronic funds transfer or a check.