PayPal verification boosts your account credibility, increases your transaction limits, and offers a layer of security for both you and potential buyers.
Here’s how to get verified:
Link and Confirm Your Card:
- Navigate to the “Wallet” section of your PayPal account.
- Click “Link a card” and provide your debit or credit card information.
- PayPal will deduct one or two small amounts from your card.
- Check your card statement for the PayPal deduction amounts, then enter them into your account to confirm the card.
- Don’t worry they will refund any and all deductions in 1-5 business days. Usually amounts are lower than $2 USD so R40 available in your account is more than enough to cover the temporary charges.
Why is Verification Important?
- Higher Limits: Lift sending, receiving, and withdrawal restrictions.
- Increased Trust: A verified badge adds credibility, especially if you sell goods or services.
- Reduced Risk: PayPal can help resolve disputes more easily if your account is verified.
- LINKING TO BANK ACCOUNT: Perhaps the most important reason of all once you have your account verified you can link to your bank account for withdrawls and deposits via the Fnb.co.za website. Read how to here.