What is a Verified PayPal Account?

How it works and a complete guide to receiving and sending payments In the current era of online transactions, PayPal has established itself as one of the most popular and reliable payment gateways. PayPal is widely used in everything from personal transactions to freelancing, e-commerce and international trade. However, having a Verified PayPal Account is very important in terms of security and reliability.

In this blog post, we will know—

What is a Verified PayPal Account?

Why is a Verified Account important?

How to verify a PayPal account?

How to receive and send payments?

What payment methods are used?

What is a Verified PayPal Account?

A Verified PayPal Account means an account confirmed by PayPal where the user's identity, bank account or card and other important information have been verified. This ensures the credibility and security of the PayPal user.

A verified account is usually completed by verifying the following information:

A valid email address

A linked bank account

A debit or credit card

A government ID (especially in some countries)

Once these steps are successfully completed, the account gets “Verified” status.

Why is a verified account important?

Having a verified account provides users with many benefits, such as:

Large transactions: Transactions are limited in unverified accounts, but large amounts of money can be transferred in verified accounts.

Increased security: PayPal is sure that you are a real person and that your financial information is correct.

International transactions: The convenience of sending or receiving money anywhere in the world.

Online business: A verified account is a necessity for e-commerce or service sales.

How to verify a PayPal account?

The steps for PayPal account verification are usually as follows:

Open an account: First, you need to go to PayPal.com and open a personal or business account.

Email Verification: After signing up, a verification link will be sent to your email. Click there to confirm the email.

Add Bank Account/Card: You need to add a bank account or credit/debit card to the account.

Small Money Transfer: PayPal will send 2 small amounts of money to your bank. Once you enter this amount in PayPal, the account will be verified.

Note: PayPal is not directly supported in Bangladesh, but many people open a USA/UK account and complete PayPal verification through Payoneer or other means.

How to receive and send payments? Sending and receiving money using PayPal is very easy. The steps are outlined below:

To send a payment: Log in to your PayPal account.

Click on the “Send” or “Send Money” option.

Give the recipient an email or phone number (which is associated with the PayPal account).

Enter the amount and payment purpose (goods/services/personal).

Click the “Send” button and the payment will be sent.

To receive payment: You will need to provide your PayPal email to the sender.

Once the payment is sent, you will receive an email and the money will be added to your PayPal balance.

If you want, you can transfer the money to your bank account.

Payment methods The following methods can be used for payment on PayPal:

Bank Account: Money is deducted from or deposited into a linked bank account.

Debit/Credit Card: A card can be used directly to make payments.

PayPal Balance: Transactions can be made directly from the money in the account.

Payoneer/Virtual Bank: Many people activate PayPal by creating a USA bank account through Payoneer.

Security and Warnings Some important security guidelines should be followed when using PayPal:

Verify before sending money to a stranger.

Don’t click on phishing emails or scam links.

Don’t give your login information to anyone.

Use a strong password and two-factor authentication (2FA).

Conclusion A verified PayPal account is not just an online wallet, it’s a secure and professional part of your digital financial life. If you need a reliable payment gateway as a freelancer, online merchant, or international payment recipient, then there’s no reason to think beyond a verified PayPal account.