PayPal verification is a process that Paypal encourages to help reduction online fraud and increases the security of PayPal transactions. By associating your paypal account with a credit card or bank account, the security checks regarding your identity for those institutions and are then applicable at Paypal as well.
The Benefits of Getting your Account Verified:
- Gaining More Spending POWER: You can to send unlimited funds from your PayPal account.
- More funding options: Fund purchases directly from your checking or savings account, or credit cards.
- No Withdrawal Limits: You can withdraw unlimited funds from your PayPal account to your bank account.
- Increased security & credibility: Verification offers you increased security and as well as letting others know you're an authenticated member of the community.
- More buyer and seller confidence: Buyers and sellers can check each others "Verified" status over at Paypal. It demonstrates you have successfully passed PayPal's identification checks.
- You can add paypal verified logo ON your eBay listings
How To Get Verified.
- US. Members: Add a bank account to your PayPal account.
- German members: Add a bank account and complete a MANUAL bank transfer and or add a credit card and complete the Expanded Use process.
- Canadian members: Add and confirm a bank account and validate account information.
- U.K members: Add a bank account, complete bank funding and validate account information. Premier and Business account holders in the U.K must also supply merchant information.
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