If you want to send or receive money online, then PayPal is your one-stop destination for all such kind of services.
PayPal is certainly one of the best platforms to make online transactions. It can be used worldwide and is available in almost 100 currencies across 203 countries.
For making transactions, you need a PayPal account. So, you first need to create a PayPal account. Once you have created a PayPal account, you need to verify it. So, for this how to verify PayPal account becomes an obvious question. If you don’t have PayPal account yet, here is how to setup PayPal account.
So, in this article, we will tell you how to verify PayPal in easy and simple steps. So, let’s get started:
What is PayPal?
According to Wikipedia,
PayPal Holdings, Inc. is an American company operating a worldwide online payments system. Online money transfers serve as electronic alternatives to traditional paper methods like checks and money orders. PayPal is one of the world’s largest Internet payment companies. The company operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee.
Some fast facts about PayPal are as follows:
1: There are about 1.5 million weekly PayPal OneTouch transactions.
2: PayPal is available in 203 markets as of 2015 facts are taken into consideration.
3: PayPal is made available in 100 currencies.
How to setup a PayPal account?
Before we move on to the process of verifying the PayPal account, you first need to create a PayPal account. So, in this section we will be telling you how you can create a PayPal account. In this article we will briefly tell you about the nitty gritty of creating a PayPal account. So, let’s get started:
Step #1: Click on the sign up button.
Step #2: Choose from “Personal account” or “Business account” and your respective country. Once done then click on continue.
Step #3: In the subsequent window, enter your email account and password. Once done then click on continue in order to move to the next step.
Step #4: In this step you are required to fill in your profile details like name, postal address and others. The moment you have entered the details, you now have to click on the checkbox next to PayPal user agreement . After this click on “Agree and create account”.
Step #5: The platform will ask you to link your credit card or debit card to your PayPal account. However, this step is optional and you can skip this. You can add it later on.
After this, you will be redirected to a page confirming that your PayPal account has been created.
You will also have to verify your email account. You can do this by clicking on the verification link which you will receive through the mail.
How to verify PayPal?
As you have managed to reach this far, we now assume that you have already created a PayPal account. Take an important note into consideration that this process is different from verifying your email account. In this process, we will verify and link the bank account. So, let’s get started:
Step #1: As the first step you will first need to log in to your PayPal account. You can do this by clicking on the “Log in” button which is usually positioned at the upper right corner of the website.
Alternatively, if you will try to link your bank account through the PayPal application, it will redirect you to the PayPal website.
Moreover, if you don’t want to verify your PayPal account without providing your bank details then PayPal Extras Mastercard is the only option.
Step #2: Once you are done with the log in formality, you are now required to navigate for the profile section.
Step #3: Now, once you will click on the profile link, a contextual menu will open up in the screen. You are now required to click on the “Add/Edit Bank Account” link.
Step #4: Once you have successfully completed step #3, you are now required to select your bank from the available list. If ever your bank is not listed in the list then choose “I have a different bank” option.
Step #5: If you have selected the corresponding preset option then you might be able to verify the authorship of your bank account instantly. If you have got this option then simply enter your bank account credentials and this is what it takes to verify your PayPal account.
If this option is not available to you then proceed for the next step.
Step #6: In this step you are required to provide your bank account details. Details like account type, routing number and account number. Once you have entered the details then click on “Agree and Link” to finish this step.
Step #7: Now PayPal will send two small amounts to your bank account in order to verify your bank account. This transfer may take upto three business days. Just check in your bank account.
Step #8: Once the amount is credited to your bank account. You now need to enter these amounts to PayPal system. Once you have entered the amount, all what you need is to click on confirm button.
Step #9: If you have done the previous steps clearly then you will receive a confirmation call from PayPal itself. In this call you will be asked few details about your location and bank account and once they found everything good, your PayPal account will be verified the very next moment. Also take a look at how to add money to Paypal.
This brings us to the end of this tutorial cum guide on how to verify PayPal? We hope that we were efficient enough to satisfy your curiosity about this topic.
We firmly believe that we have left no stone unturned while getting into the nitty gritty of the topic and making you understand the entire concept of it. But if you still have any query regarding PayPal account verification then feel free to drop your query via comments below. We will try our level best to resolve that.
Paypal also issues Prepaid card just like Debit Cards. Here is how to get Paypal Prepaid card.
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