I have a USA unverified premier paypal account...... Will a VCC raise the spending limits on my paypal account?????????
You mean can you verify with a VCC? I've never done it (there's no need to in the UK) but I believe you can because most people use this as their sales pitch when they sell them. I could be mistaken, but that's the impression I'm under.
unless you have a us bank account you cannot complete the verification process of paypal policy as an US Paypal account. If you are from different location rather than US, UK, CA or AU then you can complete your paypal verification process with a simple VCC which will make your paypal account's status as "Verified". And it will make your sending and recieving limit to unlimited.
No, it would not raise any limits at all. In the US, you need to verify with a bank account and there is no ifs or buts about it. Besides, a VCC is an unverified tool which you can get by paying a few dollars and the person selling it to you does not even check your identity. What makes you think that it is a tool which fulfils the nature of what verification is. If you do not know, to get verified means that they can confirm your identity and a VCC does not achieve that. They insist on bank account verification or credit card verification because bank accounts and credit cards are issued by bona-fide banks sanctioned by the government and they will do the necessary background and credit checks before issuing you the credit cards or bank account. A VCC defeats the whole purpose of verification. Don't ever do this if you have a conscience and know the difference between right and wrong. Let me ask you, is it right to use a Fake Passport to enter a country or a Fake Driver's license to drive or enter a club ? Because that is what a VCC is, it is fake fake fake. In most countries, using such tools could lead you to jail terms so just be careful what you are doing.
@eddy2099 are you saying that verifying a usa paypal account with using "such tools" such as a VVC(virtual credit card) could lead me to jail??
Are you sure that what you are doing is the right and legal thing ? At the moment, there is no law specifically mentioning VCC but Paypal seems to be on the war path now asking customers which raises a red flag to send in proof of identity or even credit card statements. VCC does not come with any statement or verification so it could lead to your account being terminated or limited and you will have no access to your money. Paypal if they wanted to can trace who issued the VCC because the credit card numbers are not just some random numbers but the part of the numbers would identify which country and vendor issues it. They can do a wholesale block. Even if you do not go to jail, do you think that doing the right thing is the way to go and not attempt to do something illegal. In the end, it is your decision. If you do not have a conscience then go ahead and use a VCC but don't blame anyone if you get caught. VCC is the main culprit for most of the frauds existing on Paypal right now because when you see a verified account, you cannot be sure if they are really verified or not or someone with a fake ID intending to cheat. In the first place, you cannot verify a US Paypal account with a Credit Card or a VCC, it must be done with a Bank Account.