PayPal Verification Procedure From A To Z

PayPal Account Verification: A Brief Definition

If you wonder how to get a verified PayPal account, you probably face some limitations when using this method. When you verify PayPal, you show the payment system that you’re the client to be trusted. For business owners, verification increases the level of trustworthiness. Clients with verified Paypal accounts help the payment system to protect itself from fraud.

Everyone can register and start using PayPal immediately after passing the initial security check. However, only PayPal verification unlocks the full potential of this payment system. For example, the increased limits to send, accept, or withdraw money with faster processing speeds.

Although the verification process implies connecting your bank to PayPal, it still remains safe, secure, and anonymous. All information provided stays encrypted. Neither business owners nor the individuals using PayPal will know anything about you if you verify identity in PayPal.

The First Steps To Getting a Verified PayPal Account: Connecting Your Bank Card

There are three small steps to take for a registered user to pass a personal PayPal account verification:

1. Give enough information about yourself. Enter some personal details like your first & last name, and suggest a strong password. Then submit correct information about your ID or passport.

2. Link your bank. Go to the Wallet section in the PayPal dashboard to add a bank card. Enter the required details taken from a physical card and make your PayPal verified.

3. Use your profile for making payments. Your name in the bank card should match the name you registered with to verify your PayPal account.

Here are the initial steps to be done, but it’s yet not the answer to question how to verify PayPal account.

Detailed Guide On Personal PayPal Verification Using Bank 

Linking a bank card is only the first step. You also need to validate the added option. Below are the steps to study and know how do I verify my PayPal account:

You also may be required to provide the photo of your ID for the additional proof of your identity. Read on and discover how to check if PayPal is verified. Be ready to provide the additional documents for gaining the full access to PayPal: make payments, purchase tools, tickets for favorite events, home appliances etc. The steps for verification on mobile remain the same.

In case of any PayPal account verification problems, double-check the banking information you entered. Don’t hesitate to contact the Resolution Center in case of any problem.

How To Verify PayPal For Business Purposes?

A business owner who wants to establish its name on the market and boost its reputation must have a badge of verification under the PayPal profile name. If you still wonder how to verify my PayPal account and don’t do it because you think it’s a tedious process, it’s time to take a step forward. Only three steps are required to get verified on PayPal:

1. An existing profile in the payment system.
2. Bank, its routing number, and the type.
3. Access your bank via the mobile app or online banking.

No complicated verification procedure is for the business owners to get a verified PayPal. Get a more detailed answer to How do I get verified on PayPal below.

Guide To Getting a Verified PayPal For Business Owners

Expand the scale of your business by complying with the following guide on how to verify your PayPal account:

How do you know if your PayPal account is verified? Go to the Account Overview page and see a corresponding logo. Now you can use your profile for all business purposes, including managing  financial operations, getting rewards, etc.

If you’re the business owner looking for the way to develop your payment strategy and offer more payment opportunities to your clients, consider integrating virtual payment cards from LinkPay. These are worth your time since they offer an easier way to manage your finances and make secure and safe payments online. Moreover, it’s allowed to use LinkPay cards to verify my PayPal account. Applying LinkPay in business simplifies managing your business expenses and income with detailed and convenient reports.

What Are The Benefits of PayPal Verification?

The requirement from PayPal to verify account is an important security measure integrated to protect both the payment system and its users. Here are the main reasons to finally start wondering how do i verify my PayPal and pass this procedure:

• Boost of the security level. Verification proves the identity of the user, protecting it from third-party access and fraud.

• Higher transaction limits. Personal and business profiles that were verified can send, get, and withdraw higher sums than the profiles with no bank card linked.

• Raised trust and credibility. The logo of a verified profile makes partners and clients trust your business more than others.

• Better risk management. Paypal ID verification helps the payment system to eliminate the risk of fraudulent activities.

• Compliance with standards and legal regulations. PayPal identity verification is a form of KYC procedure that is obligatory to comply with Anti Money-Laundering regulations.

• Broader range of services available. Users knowing how to get PayPal verified can access more features of the payment system, including increased payment limits.

Now you know what a verified PayPal account is  and what benefits it gives, so we think you won’t postpone this process for later. Please visit PayPal to login and verify account.

The Best Tool To Simplify Business Accounting Processes

Accounting won’t take much of your time now with the variety of software integrations available. Using Synder, you can devote your time to improving your business processes and building a strong development strategy. This software seamlessly integrates with PayPal, and automates the process of recording transactions with no manual intervention required. Here are the benefits of integrating Synder:

• Custom algorithms for managing fees, and tax reports, categorize incoming transactions, etc.

• Automatic collection of all data related to payments, including fees, deposits, and refunds.

• Fast correction of any mistakes, such as wrong transactions, that allows keeping your financial reports clean.

• Ability to import old financial reports to pay taxes or analyzing the work of your company.

• Reconciliation makes it easy to match transactions on your bank account with those in PayPal to eliminate any errors.

Find out is my PayPal verified and integrate the suitable Synder plan. This is how users can make business accounting a breeze. 

The Bottom Line

PayPal is a leader of fast and secure payments used in business, but the decent level of convenience and protection can be achieved with the verified profile only. When you’re the company owner who knows how to verify my PayPal, you’ll enjoy better trustworthiness, great reputation and customer affection. Individuals who get verified become protected from credit card fraud and scams. 

Whether you’re the business or the individual who wants to enjoy all the perks of payments via PayPal, use our detailed instructions on how do you verify a PayPal account. Take 5 minutes and let your business thrive and prosper.