Hello DP member I just want to know why we need to verify our paypal account? Can we accept money without veryfiying our paypal account?
Yes YOu can accept money without verifying paypal account. Verification gives you some liberty in spending and accepting money You can spend up to $2500 per month after verification of the account while unverified account can spend upto $100 per month
Most importantly, verification if you do it the right way, give your customers and seller the confidence to deal with you because they know that you are a real person and not a con artist. If you don't verify, your particulars is as good as fake.
Yeps! you can receive the funds without verifying the account but theres a withdrawal|sending limit on unverified accounts and to lift em, you need to get verified !!
are you from pakistan fouzie. making your account give advantages to both you and paypal. you can lift the limits and can withdraw or upload cash from your bank account or cc easily. it also provides paypal with security incase your balance goes in negative when a person do any scamming activity etc.
Oh, So that is. I thought that we can't sent and receive money without verifiying our account. thanks everyone
They keep record of every member, if someone doesn't verifies, soon or lately, the accounts gets limited. Thats done as they want their users protected from illegal funds/ fraudulent transactions etc. So, its better and acts as an added layer of protection o\to be verified.
A Verified Account add credibility if you are a merchant. Since in order to get verified, you need to provide your residential details and such, people can feel safe to do business with you.