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Opening a PayPal account will offer you the benefit of being able to be paid by advertisers without any hassles. In fact, once you start doing paid and sponsored posts on your blog PayPal is the way that they will want to pay you. You can also use PayPal to pay for many products and services with complete security as you dont have any bank account or credit card details to disclose.

At the start opt for the ‘Personal Account’ as there is always the chance to upgrade your account later on - there are low fees attached to the upgraded accounts but they suit merchants and those with established businesses.

You can link your savings account from your own bank with your PayPal account so that you can then transfer (withdraw) your money out of PayPal into your bank account.  If you are in the UK you must link your PayPal acct with a UK bank account - you should wait until your PayPal balance hits £50 before withdrawing it to your bank acct as there is a small fee of 0.25p for withdrawing amounts under that amount.

One word of advice: from time to time you may receive emails asking you to ‘verify’ your PayPal details, or, informing you that your account has been ’suspended’. Ignore these as they are fraudulent. Delete them and do not reply to them. PayPal never contact their account holders in this way. Avoid accessing PayPal through any links; the best thing to do is to type in the PayPal url each time you wish to access the site.

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