paypal payment system
By aankslankers
@aankslankers (50)
Indonesia
January 11, 2012 6:34pm CST
hello guys,
I want to ask, what is the difference verified and unverified paypal?
6 responses
@aankslankers (50)
• Indonesia
12 Jan 12
owh yeah,
okay friends thanks, with your information it, I will verify my paypal account.
@aankslankers (50)
• Indonesia
12 Jan 12
so in order to withdraw money from paypal balance to my bank account should first verify paypal account?
@adhyz82 (36249)
• Indonesia
12 Jan 12
if your paypal is still unverified, you had many limited when you want to use all paypal facility..you can get any online payment or another money from another paypal and you can send your money in your paypal to another paypal, but you can`t withdraw money in your local bank..
verified it means that you can withdraw money from your paypal to your local bank
@ravisivan (14079)
• India
12 Jan 12
welcome to mylot.
Verified account in paypal is an account wherein the address has been verified. Bank account has been verified.
pl see whether this link can be of use for you:
https://cms.paypal.com/cgi-bin/marketingweb?cmd=_render-content&content_ID=security/verification_faq
@ravisivan (14079)
• India
12 Jan 12
aankslankers: welcome to mylot. keep mylotting actively and earn more.
@fantabulus (4000)
• India
12 Jan 12
Thanks sir for providing link and giving the information this will helpful for me also. Because this was my question also what should I do for verified the account.
@geekygirl (27)
• United States
12 Jan 12
An unverified Paypal account means that Paypal does not have confirmation of the address information given or their is no bank account attached to the account. An unverified account has limits placed on how much money can be sent, received and withdrawn. A Papal account becomes verified once the above criteria is met. When a bank account, credit card, etc. is added to an account, it can be used as a source of backup funding. Paypal lifts the sending, receiving and withdraw limits on verified accounts.