How to Create a Paasa Account (Mobile App Guide)
Welcome to Paasa! 🚀 Follow these simple steps to create your account and start investing in global markets effortlessly.
Step 1: Download the Paasa App
Open the App Store (iOS) or Google Play Store (Android).
Search for "Paasa" and tap Download.
Once installed, open the app.
Step 2: Select Your Primary Tax Residence
Choose the country where you pay taxes (e.g., India, UAE, Singapore, United States, etc.).
Tap Continue to proceed.
Step 3: Enter Your Basic Information
Fill in your First Name, Middle Name (Optional), and Last Name.
Enter your Email Address.
Tap Continue.
Step 4: Set Up Your Password
Create a strong password (12+ characters, mix of uppercase, lowercase, numbers, and symbols).
Confirm your password.
Tap Continue.
🔹 Tip: Paasa uses 256-bit encryption for enhanced security.
Step 5: Verify Your Email
Check your inbox for a verification link and tap to confirm.
If you don’t see the email, check your spam folder.
Step 6: Verify Your Identity (KYC Process)
To comply with financial regulations, you’ll need to verify your identity:
Enter your PAN Number (for Indian users) and Phone Number.
Tap Continue and enter the OTP sent to your phone.
Once verified, you’ll see a green confirmation screen (✅ Identity Confirmed).
Step 7: Provide Additional Personal Details
Enter your Date of Birth.
Select your Citizenship.
Tap Continue.
Step 8: Answer Regulatory Questions
To ensure compliance with financial regulations, Paasa will ask:
Whether you or a family member work with a US broker-dealer or FINRA.
If you are a senior executive or a political figure.
Select “None apply to me” if none of these apply.
Tap Continue to proceed.
Step 9: Complete the W-8BEN Tax Form (For Non-U.S. Investors)
This form helps ensure you don’t pay extra taxes by claiming reduced withholding rates under U.S. tax treaties.
Review the declaration.
Confirm you are not a U.S. person.
Tap Continue.
Step 10: Accept the Broker Customer Agreement
Paasa partners with Alpaca Securities LLC for brokerage services.
Read and agree to the Alpaca Customer Agreement.
Digitally sign the agreement by typing your name.
Tap Continue.
Step 11: Fund Your Account & Start Investing
Link your bank account or select a payment method.
Deposit funds to activate your account.
Start exploring and investing in global markets! 🎉
Need Help?
If you face any issues during sign-up, reach out to our support team via:
📩 Email: [email protected]
Happy investing with Paasa! 🚀