I just opened a new Paypal account. As a part of verification task, PayPal is looking for following information:
In accordance with Indian regulations, selecting a purpose for your transactions (i.e. purpose code) is essential. By choosing a purpose code, you help the regulators in identifying the exact nature of your cross-border transaction. This is required to withdraw (or transfer) funds from your PayPal account to your local bank account. It's a one-off selection and the purpose code you add is stored and used as a default purpose code for all your transactions, until you select a different one.
Following are the different options available:
Other information services
Data processing consulting
Business related travel purchase
Cross border delivery of goods and services
Accounting and tax
Business and Management Consultancy
Advertising and market research
Please help me what to select?