How to Verify a PayPal Account? Verify Process Guide
When you first create your PayPal account for your business, there are steps to take to authenticate your account. It’s key to know the verification status of your PayPal account before moving forward with transactions.
This Verify Process Guide will walk you through the steps to take to insure that your PayPal business account is up and running before you begin accepting payment methods.
We’ll also teach you how to authenticate PayPal accounts that you do business with by showing you verification methods that will strengthen your online payment system.
Why Verify My PayPal Account?
There are lots of things to consider when signing up for a PayPal account. Users get access to many helpful tools and resources that make online transactions much safer and more efficient for business owners and customers alike.
By verifying your bank account info, you’ll build the integrity of your account.
Verified Account Resources:
No limit on purchases, money transfers, or invoices
Instant deposit and withdrawal availability
Build trust with buyers and sellers
Make international payments safe from fraud
Protection from payment cancelation
Protection against unverified identities
PayPal Business Account Verification
Verification is easy, and will set your business up for success. Potential clients will find peace of mind in working with verified PayPal businesses. Take several small steps to insure trust and dependability between you and other users.
Simple Steps to Verify your PayPal Business Account
When you initially create your PayPal account, you’ll be guided through the process of setting up your account, adding your account type, business email and information, and personal details. Once you add your bank account type and financial information, you’ll be initiating the verification process.
Once you add your banking details, PayPal will make two small deposits into your account
Verify your account by added those specific amounts to your PayPal account
When your account is successfully varied you’ll receive a confirmation message. The key to keeping your business account operation smooth is to keep your financial information up-to-date and consistent. If your credit card expires or you change banks, your funds will have nowhere to be released and errors will occur.
Know Your PayPal Customers
There’s nothing more frustrating for a business owner than having to chase down clients to get paid. PayPal's payment processing system has made online transactions automatic and efficient for business owners, saving them time and energy from drafting out continual invoices or re-sending payment requests.
But what happens when a payment doesn’t go through on the customer's end? It could be that the PayPal account has not been verified.
0 Comments