How to Verify your PayPal Account???

Verification of paypal is nothing but increasing the withdrawal limit, Once you're Verified, the preset limits on your account will be removed.PayPal encourages its members to become Verified to increase trust and safety in our community. PayPal's Verification process is also an additional step to increase security to your account.

Members with a 'Verified' account status have successfully completed our Verification process by either confirming their credit/debit card or bank account details. Verification lets PayPal know that your credit/debit card or bank account is in your control. It also prevents your details from accidentally falling into the wrong hands. This helps increase security of the PayPal network and prevent fraud such as identity theft. Plus, like other payment service providers, we're complying with the financial regulations required by law.

Methods to Verify your PayPal account
Option 1: Link and confirm your credit card with PayPal
Option 2: Confirm your bank account with PayPal

To become Verified, you must: Confirm your email address. Add a bank account or credit or debit card to your account. Link and confirm your card or bank details.


Why to verify (when your paypal account is verified)

• More spending power: The sending limit on your account is removed 
• Higher withdrawal limits: The withdrawal limit on your account is removed 
• Increased security and credibility: Offers greater security and lets others know you're an authenticated PayPal member 
• More buyer and seller confidence: Buyers and sellers value your 'Verified' status. It shows you have successfully passed PayPal's checks which help to increase network security.

Process of verification with credit card:
Step 1: Add your credit/debit card to your PayPal account. (All information is encrypted for maximum security.)
 Step 2: Authorise PayPal to make a small, refundable charge to your card which will generate a 4-digit PayPal code (similar to a pin number) needed to complete the verification process.
 Step 3: Retrieve your 4-digit code from your card statement and enter it in to your PayPal account - this completes the verification process.


**About 4-digit code:
The PayPal code is a unique random four-digit code (like a pin number) generated by PayPal when you begin the process of linking and confirming your credit or debit card.
For example: PP*1234 EXPUSE or 4321PAYPAL -- *EXPUSE
Please note that PayPal does not have access to the code, so we cannot provide it by email or by phone.

The PayPal code will appear on your credit/debit card online statement within 2-3 business days. You may also find the four-digit code in your next mailed monthly statement from the day you authorise PayPal to make a small, refundable charge to your card.

On your statement, please look for a 70.00 THB charge from PayPal. In the same line, you will see the four-digit code displayed.

For example: PP*1234 EXPUSE or 4321PAYPAL -- *EXPUSE


Process of Verification with Bank details
 This process is about set up/add bank details and they confirm bank details.

1.Add your bank account to your PayPal account

2.PayPal sends two small deposits to your bank account.

3. Check your bank account statement for the two deposits (credits) from PayPal. Then, go to your PayPal account.

4. Enter the amounts to complete the final step in our verification process.


What is PayPal's transaction limit?
The maximum amount allowed for a single transaction is $10,000 USD by a PayPal member.

If you don’t have a PayPal account, you can send a maximum of $4,000 USD for a one-time, single transaction.

For PayPal members living outside the US, the maximum transaction limit depends on the currency in use:
EUR - 8000
CAD - 12500
GBP - 5500
JPY - 1.000.000
AUD - 12500
CHF - 13,000
NOK - 70,000
SEK - 80,000
DKK - 60,000
PLN - 32,000
HUF - 2,000,000
CZK - 240,000
SGD - 16,000
MXN - 110,000
ILS - 40,000
HKD - 80,000
NZD - 15,000
TWD - 330,000
THB - 360,000
PHP - 500,000
BRL - 20,000
ARS - 30,000
MYR - 40,000If you live outside of the US and do not have a PayPal account, your transaction limit may vary.

Source: PayPal