PayPal is one of the biggest online payment services and most people have heard of it. Many have speculated that PayPal makes a lot of money because it is so popular yet, it is still a relatively small company. The fact is that while PayPal is probably the best-known digital wallet service, it is actually one of the smaller companies in terms of revenue. It generated $24.9 billion in annual revenue in 2018.
Revenue is one thing, but how much money can you actually make with PayPal? The answer is a lot. There are a variety of ways to make money with PayPal, even if you are just doing simple tasks like taking surveys or watching videos. The key is to find a method that is easy to do and has the potential to earn significant money. If you want to know how to make money online with PayPal, continue reading.
The Basics Of Making Money With PayPal
To begin with, you will need to have a paid account with PayPal. This means that you have either made a payment with PayPal or settled an invoice with them. You can go through their homepage to get to the dashboard where you can manage your account. From here, you can get to the Earnings and Statistics section to see your earnings, as shown in the screenshot below.
The reason why we suggest setting up a new account with PayPal instead of using your existing one is that when you sign up for a new account, you will get a welcome bonus that can amount to several hundred dollars. This is essentially money just for signing up. There is also a referral link at the top of the dashboard which you can use to get a commission when people sign up through your link. You will also need to put in some marketing effort to grow your account. As we mentioned above, PayPal is a significantly profitable company and they are constantly looking for new ways to make money. If you want to make money online with PayPal, all you need to do is get started by signing up through one of their many easy-to-follow guides.
How To Earn From Taking Surveys
What is Google Adsense? It is probably the most well-known affiliate marketing program where you can make money from taking online surveys. You get paid per hour for taking surveys and you can get paid to take them in various ways, including through PayPal. One of the more popular methods is taking surveys for mobile phones. In countries like Germany, you can make about $500 per month just by taking surveys.
You can get paid to take surveys through PayPal too. All you need to do is set up a PayPal account and then click on the Create Account button. Then, you will need to create a new Google Adsense account. This is important because you will only be able to get paid for surveys if you have a Google account. When you are creating your Google Adsense account, you will need to ensure that you select the correct program to use. If you select Display Advertising, you will need to pick a Niche and then choose either the CPM (Cost Per Million) or CPL (Cost Per 1,000 impressions) advertising model. Then, you will have to choose a location and enter your credit card information to verify your account.
Make Money With PayPal By Taking Surveys Online
If you have a computer or a mobile device, you can get paid to take online surveys through apps like Survey Junkie and Swagbucks. Just make sure to set up a PayPal account and enter your banking information when you create an account with one of these apps. You can make a few dollars per day with these apps, so it is definitely something you can do while waiting for the mailman to bring your packages.
Start A Blog
Blogs aren’t just for fun these days. They can be quite the moneymaker when done correctly. The key is to pick your niche, build your audience and then monetize through affiliate marketing or by taking online surveys. If you think that you can become a skilled blogger and then leverage that skill to make money online, you can certainly try. Just make sure that you don’t get too attached to the idea of making money quickly because it won’t happen that way. If you want to make money online with PayPal, a wise move would be to start a blog in an area where you are an expert. For example, if you are a car expert, you could start a blog reviewing different makes and models of cars. Or if you are an expert in real estate, you could start a blog reviewing different types of properties. You get the idea.
Monetize Your Product Review Blog
Certainty, there will be someone who will want to pay you to review their product. Even if you don’t believe in the concept of product reviews being “paid to write,” there will always be someone who wants to read your opinion on a particular topic. When done correctly, a product review can be quite the moneymaker. For example, if you read a review on a travel site of a luxury hotel in Thailand, you will know precisely where the reviewer got his/her information and if you are curious about visiting this particular hotel, you can certainly look into it. Yet, in some instances, you might want to be wary of a product or service that is heavily promoted in a review, as it could be a scam. Make sure to do your due diligence before getting involved with a product or service that you read about in a review.
Test Products And Get Paid
There are companies like UserTesting.com that will pay you to provide them with feedback on their products and then provide you with compensation, based on the quality and extent of your feedback. Just make sure to read their FAQ section on testing because there is a significant difference between the two. When providing user feedback, you are essentially acting as a customer and giving honest opinions on the products you try out. You will not get paid for developing positive opinions about a product or service. Yet, keep in mind that this is a popular method of making money online and if you want to get paid, you will need to join a few different affiliate programs to be able to get the most out of it. Some of these are:
- Amazon Affiliate Program
- Ebay Affiliate Program
- Shopbop Affiliate Program
- Fancy Affiliate Program
Use Your Smart Phone
With the explosion of mobile computing and the popularity of smart phones, everyone is suddenly a potential marketer. If you have a smartphone with you, you can get paid to take surveys and give your opinion on products and services, via online surveys.
When using your smartphone to get money, you will mainly be relying on the PayPal app. With the growth of online poker in the United States, players are relying on the PayPal app more than ever before to play their favorite games. If you don’t own a PayPal app yet, now is the perfect time to get it. Installing and using the app is free, but to get the most out of it, you will need a PayPal account.
Start An Online Store
If you are the creative type, you can start up an Etsy shop. Etsy is the popular marketplace where you can buy and sell all kinds of items. If you have a creative side and you know how to use it, Etsy is the perfect place for you to showcase your talents. Create a Shopify store, if you are more of a digital marketer or if you just want to focus on online marketing and SEO. If you choose Shopify, you will be able to quickly and easily create a store, populated with all the products you can think of, digital or otherwise. When getting started, make sure to use a reputable affiliate program like ShareaSale or ClickBank to be able to take advantage of all the sales that happen on their sites.
Get Paid To Take Surveys
One of the more unique ways to earn money online is through taking online surveys. Some of these pay quite well and it is a relatively quick and easy way to make money. Just be sure to do some research before committing to take any online surveys because for the most part, they are done by people based in other countries, including the U.S., who are looking for English speaking employees to help them with their research. You will need to register with Survey Junkie, Swagbucks or OneOpinion, to get started. Then, you can go through their websites and choose the surveys that you want to take. You will need to have a PayPal account to get the payments through. When you reach the point where you have earned $5, you can get paid through PayPal.