The Instant Account Creation process is more efficient than going to PayPal directly to create an account, because you only need to enter several pieces of information as part of the account-opening process.
We will send PayPal your name, address, phone number, email address and bank account number, as well as our bank routing number. (If you do not want us to share that information, you should not use PayPal Instant Account Creation.) Since your bank account with us has already been verified, there is no delay in opening your PayPal account.
Once your PayPal account has been established, you may immediately transfer funds from your bank account with us to your PayPal account. You may use your new PayPal account to make secure payments over the Internet, without risk to your personal banking information.