Wondering how to get ITIN for PayPal?
So, the #1 thing a lot of people misunderstand when it comes to PayPal and theITIN is that…
“An ITIN guarantees a PayPal account.”
Let’s make it clear In order to open a PayPal account, there are different pieces of information and documentation that PayPal requests (if Paypal is available in your country).
The Importance of Getting an ITIN When You Open a Paypal Account
Now, keep in mind that PayPal doesn’t work in some countries, and therefore some people can’t open a PayPal account.
For example, Pakistan.
We get the ITIN for many clients from Pakistan, but unfortunately, they struggle opening up Paypal accounts.
So just keep that in mind.
Once again, having an ITIN does not guarantee that you’ll be able to open up a PayPal account. However, having an ITIN is one of the main requirements to open it.
So, it’s definitely going to help you out soon or later.
Documents Required For PayPal Account
And people always ask, “what else do I need to provide?”
PayPal constantly changes the requirements.
The best way to go about it is to contact PayPal’s customer service, speak with a representative, and have them let you know what information and documentation they need from you to open your Paypal account.
- US Address
- Bank Account Information
- Your tax ID (SSN or ITIN).
- Basic Information
So always make sure you do your due diligence.
Call them and find out the requirements to get your PayPal account in the first attempt.
Millions of people are always looking to get an ITIN open their PayPal account. There’s no way around it.
You need to do it and… who better to call than us.
We’ve helped thousands of people get their ITINs to be able to open up their PayPal accounts.
So we’d love to help you as well.
How to Open A Business PayPal Account
One more thing before we go.
If you’re trying to open a business PayPal account, then you need more than an ITIN.
You’ll need some business documentation:
Documents Required For Business PayPal Account
- Articles of Organization (LLC) or Articles of Incorporation (Corporations) – Also known as Certificate of Formation or Incorporation
- Employer Identification Number (EIN) – This is your business tax ID. They may request your official EIN confirmation letter known as the 147C or 575 letters, not just your SS-4.
They’ll also request valid identification, documentation, and a few other key pieces of information.
Sometimes, the gray area with business PayPal accounts is that we’ve seen people open up business PayPal accounts without having the ITIN initially.
In most cases (if not all of them), they open the account without having the ITIN by using their business documentation.
And they provide all the other information to open their business PayPal account.
But after hitting a certain threshold, in terms of the number of transactions or revenue generated, PayPal pauses the account and requests the ITIN for their tax reporting purposes.
And they won’t let you proceed forward or withdraw money.
They freeze the account until you provide to them.
So, if you’re in a real rush, then sure, go ahead. But if you always want to cover your base, we always recommend getting your ITIN number beforehand.
This way it’ll be a smoother process for you.
And you won’t have any worries down the line.
What do to Next
We hope this article was valuable to you.
It’s a very popular question, especially with ecommerce booming and people wanting to use PayPal to purchase stuff or collect payments.
If you have any more questions about it, please feel free to contact us directly at firstname.lastname@example.org.
We’ll be more than happy to answer them for you.
If you feel like this article answered all your questions and now you’re ready to go ahead and start the ITIN application process, don’t hesitate.
Go ahead and click the link below to start your application.
Once payment’s submitted, we’ll go ahead and work on your paperwork with you to apply for your ITIN without having to send your original passport to the IRS!
We’ll take care of everything for you.
Start your ITIN application here: ITIN.com