How to Create a PayPal Account Without Credit or Debit Card transactions, but credit/debit cards are not. How to Set Up a PayPal Account. PayPal is a popular online payment system that allows you shop online without having to re-enter information every. There are 2 types of PayPal accounts: Personal and Business. Here's how to sign up for a PayPal account: Go to the PayPal website and click Sign Up at the top.