Verified PayPal Account: What, Why and How Does It Work?

PayPal is one of the most trusted and popular means of online payment in the current digital age. Freelancing, e-commerce, buying and selling services or international transactions—PayPal is a familiar name in almost all fields. However, just opening a PayPal account is not enough; getting it “Verified” is also very important. Because a verified account provides you with secure and complete transaction facilities.

In this blog, we will know—

What is a verified PayPal account

How does it work

How to accept and send payments

And through which means does PayPal make transactions

What is a verified PayPal account? After opening a PayPal account, “verifying” it means—you have submitted your identity and financial information (such as bank account, debit/credit card, etc.) to PayPal correctly and PayPal has verified it.

When you use a verified account, your transaction limits increase and security and credibility increase. PayPal and its users are sure that you are a real user, not a fraud.

Why is it important to verify a PayPal account? Increased transaction limits: Unverified accounts have a certain limit on how much money can be transacted per month or year. Once verified, that limit is lifted.

Security and trust: Clients or customers generally feel more comfortable making payments to verified accounts.

Full feature access: Many of PayPal's features (such as Invoicing, PayPal.Me links, Business tools) are only available to verified users.

How is a PayPal account verified? To verify a PayPal account, you usually need to follow the following steps:

Link a bank account or card: First, you need to link a valid bank account, debit card, or credit card to your PayPal account.

PayPal Test Transaction: PayPal sends a small amount of money to your bank account (like $0.02 or $0.04), which you then need to confirm by going to PayPal.

ID Verification: Sometimes PayPal may ask for your NID, Passport or Driving License to prove your identity.

How does PayPal work? PayPal is an online payment gateway that allows you to send, receive money and shop online over the internet. Here is a simple explanation of how PayPal works:

Create an account: You can open a PayPal account for free using an email address and mobile number.

Bank or card link: You must link a bank account or a card to make a transaction.

Send or receive money: You can send money using someone's email address, and others can send you money in the same way.

Withdraw money: You can withdraw money from PayPal to your local bank (if PayPal supports it in your country).

How to send and receive payments with PayPal? Rules for sending payments: Log in to your PayPal account

Go to the “Send & Request” tab

Enter the email address of the person you want to send the payment to

Enter the amount you want to send

If you want to add a note or message, do so

Click the “Send” button

Rules for receiving payments: Give someone your PayPal email address

They will send the payment to that email address

When the money arrives, you will see it in your PayPal balance

You can transfer it to your bank if you want

What methods can you use to receive and send PayPal payments? PayPal works with different payment methods. Below is a list of them:

Payment methods: PayPal balance

Credit card (Visa, MasterCard, American Express)

Debit card

Bank account (if linked)

PayPal.Me link

Invoice

Payment methods: PayPal balance

Linked bank account

Debit/credit card

Prepaid cards (if supported)

Can PayPal be used in Bangladesh?

Currently (as of 2025), PayPal is not fully supported directly in Bangladesh, but some of the benefits of PayPal are available indirectly through Payoneer. However, those living abroad, such as in the USA, UK, Canada, Australia, etc., can use PayPal to its fullest.

Conclusion A verified PayPal account is a safe, reliable, and professional means of online transactions. If you are freelancing, running an online business, or dealing with international clients, a verified PayPal account will take your business one step further.

If you have a PayPal account, be sure to verify it. This will make the process of receiving and sending your payments hassle-free and secure.