Why is it so important to get verified on paypal?
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Why would I get bother getting 'verified'? (paypal)
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It is important to get verified in paypal and it has a lot of advantages. First reason is safe deals and transactions with other people. second it will lift your sending and withdrawing limit.
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No. You are wrong. It is not mandatory to be verified in terms of withdrawal of money. You can just add your bank account details and withdraw it. But there is a withdrawal limit of $500 per month for unverified members.Originally posted by csongi12xmeIf you don't verify your account you won't be able to withdraw your money.
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In other for your paypal account to be accept world wide you have to verified it. And it will also enable you to do alot of transaction with your paypal account.
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If you deal a lot online and if your transactions are huge, there is no option left for you than to have your paypal account verified. It not only instills confident about you on your customers but you do not even have to bother about withdrawal limit of $ 500 per month which is there for unverified account.
Regards,
Right
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You need to verify your account in order to increase your limit. If I'm not mistaken, unverified account is only allowed to get $500. Meaning, you can only receive $500.Last edited by JasonCase24; 02-28-2010, 07:01 AM.
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Do it so you can withdraw money, do more transactions, etc.Originally posted by Dizmayze View PostWhy is it so important to get verified on paypal?
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You transaction limits with be removed. In addition, other users trust you more.
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Verification helps reduce online fraud and increase security of PayPal transactions for yourself and for everyone you do business with.
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