I am new to using paypal . can any one guide me why it is essential to get your paypal account verified. what benefits i get after the verification?
your sending limit is unlocked.... and with unverified account your sending limit is just $100... also verification helps in gaining some credibility and people feel safe to trade with you... since you have a verified account... Hope it helps...
It helps paypal in recognizing you as a real person. Also, if you PayPal is verified you won't face any much problems of limited sending or withdrawal limit. So, its better to use a verified account. - Digital -
Verifying your Paypal accounts proves that you are legitimate and not a scammer. It lifts your sending limits and some other things that i can't really remember. Am pretty sure if you log in to your Paypal account you can find out.
PayPal encourages members to become Verified to increase trust and safety in their community. Because financial institutions screen their account holders, PayPal's Verification process increases security when you pay parties you do not know. Once you have reached your sending limit with your PayPal account, you must become Verified to continue sending money with their service. Verification gives you more information about the people you transact with through PayPal, so that you can make more informed decisions. PayPal encourages members to become Verified to build trust in their community.
Sending limit: 100 USD of all if your account unverified. 500 USD/day if your account is personal and verified.