Is it necessary to verify paypal account using using credit card?
By hyderali
@hyderali (60)
United Arab Emirates
October 18, 2009 12:43am CST
I have made an account in paypal.But I didn't verify it using credit card.Will there be any problem if we didn't verify it?please clarify my doubt.
6 responses
@arifansari (53)
• India
18 Oct 09
hi,
the paypal verified account is necessary for any credit card or debit card transaction. otherewise not a problem. the unverified account has some limitations. like withdrawal limit, sending and receiving etc. but you can do the rest transaction as usual.
@josechukkiri (3014)
• India
18 Oct 09
Hi hyderali, it is not "essential" to verify your paypal account to have normal transactions of your payments. But there are certain limitations on transactions. You are allowed to withdraw money only upto $500 and once in a month. Some sites transact with only verified paypal account holders only. So it is 'desirable' to verify the account.
@rtslvtwy (1088)
• Malaysia
18 Oct 09
You can still use without verifying but there will be limitations to your paypal account and besides if you do not verify your account, you cannot transfer or withdraw your money to your credit card as well.
It's better to verify your paypal account.
@getbrowser (1708)
• China
18 Oct 09
You'd better verify your PayPal account if you want to be limited in some areas.
In fact, there may be some limitations if you make money online or do something else. For example, for some PT websites, you should provide a verified PayPal account in order to receive the payment. Of course, it is simple to virify your account using a credit card, just submit some necessary information and wait serveal days before you are verified. On the other hand, you can try other ways to verify your PayPal, such a bank card.
It will be very convenient to you with a verified PayPal account.
@Wordlinx (506)
• India
18 Oct 09
Though it is not essential one, if we want to life the transactional limits beyond certain limits like $500.00 , then we should get our account verified. Else our account will be blocked from doing further transactions beyond this limit.We can also verify our account with the debit card , if we don't have the credit cards. But without verification, we can withdraw the balance to our bank account, deposit to the paypal account..But a limit is there.