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Verified Paypal account

  • 28-11-2007 7:46pm
    #1
    Colonel Sanders
    Closed Accounts Posts: 7,669 ✭✭✭


    Just looking through my paypal account and there is an option to 'verify' it.

    Just wondering what doing this does for me. They charge €1.50 for it but say that I'll get €1.50 credit in my account if I verify. Do they just put a 'voucher' for €1.50 into my account that I can use next time I purchase something using paypal.


Comments

  • #2
    biko
    Registered Users, Registered Users 2 Posts: 81,219 ✭✭✭✭biko


    Your PayPal account is Verified

    You are a Verified PayPal user. In addition to increased security, buyers and sellers value your Verified status because it indicates you have passed PayPal security checks.

    This means that you have completed your enrollment in PayPal's Expanded Use Program and can send an unlimited amount of money with your PayPal account.


    You get the money back, to use later.


  • #3
    Ruu_Old
    Closed Accounts Posts: 36,634 ✭✭✭✭Ruu_Old


    The 1.50 is refunded to your credit card later I think. Most sellers won't sell anything to users who aren't verified. It works for both buyers and sellers as you will both be protected if something goes wrong with a sale and your funds are unlimited when you are verified as mentioned.


  • #4
    Colonel Sanders
    Closed Accounts Posts: 7,669 ✭✭✭Colonel Sanders


    Its worth doing for the sake of €1.50 then is it?


  • #5
    Vikings
    Registered Users, Registered Users 2 Posts: 2,784 ✭✭✭Vikings


    Only went through it myself there recently and the €1.50 gets put into your PayPal account after you make a payment once you are verified. Forgot all about it, just checked there and my balance is €1.50 :D


  • #6
    Passenger
    Registered Users, Registered Users 2 Posts: 6,152 ✭✭✭Passenger


    Colonel Sanders wrote: »
    Its worth doing for the sake of €1.50 the is it?

    Definately, it gives you a certain amount of credibility and trustability when buying and selling on ebay.


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  • #7
    Colonel Sanders
    Closed Accounts Posts: 7,669 ✭✭✭Colonel Sanders


    thanks all!!!


  • #8
    shayser
    Closed Accounts Posts: 1,650 ✭✭✭shayser


    Sorry for bringing up an old thread.

    I am wondering about this too. Info on the PayPal site is a bit vague, or maybe I don't understand it. Ok it my be more secure (how exactly they do not say) but what does linking the card to my bank account actually mean. Isn't existing cc procedures/security/information good enough for them, as it is with everyone else? Would it mean that they would have access to my bank account under any circumstances?


  • #9
    ve
    Closed Accounts Posts: 448 ✭✭ve


    With mine it says that I'm verified. Did the €1.50 process. However it still says that my address is "unconfirmed". How can I get this sorted?. I keep coming across auctions that state they will not ship to an unconfirmed address.


  • #10
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    shayser wrote: »
    Sorry for bringing up an old thread.

    I am wondering about this too. Info on the PayPal site is a bit vague, or maybe I don't understand it. Ok it my be more secure (how exactly they do not say) but what does linking the card to my bank account actually mean.
    You don't link your card to a bank account, you can link a bank account to your Paypal account for withdrawing money, but your card and bank remain as separate as they always have been.
    ve wrote: »
    However it still says that my address is "unconfirmed". How can I get this sorted?. I keep coming across auctions that state they will not ship to an unconfirmed address.

    If you live in Ireland, then you don't. It's not possible to confirm addresses here, and some sellers, often UK or US based, simply won't ship to you if this is the case. Sometimes if you contact the seller up front and explain that you can't confirm your address then sometimes they'll let you bid. If they won't, then there's nothing you can do about it.


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