Verify Your Paypal Account In Any Country

Verify Paypal Account In Any Country

In this post i am going to explain how to verify paypal account in any country. You may be wondering about why you may need to verify paypal account??. Verification means its not an email verification or an mobile verification, it refers to your bank account verification or an credit card verification.

You need to be a verified paypal user to receive or send money via paypal account. In other words sending money even requires you to verify your credit card too along with the bank account or a credit card alone could work. There was some requests from users of this blog to explain on basic paypal account creation, so in this post i will start with the paypal creation process to help basic bloggers and newbies.

Verify Paypal Account in just 2 steps

Creating an Paypal Account

1. Go To Paypal SignUp Form.

2. Choose your country and select a plan.

Personal - You can only buy via your Paypal account and you cannot receive money into your account.

Premier - You can Shop online or Receive money into your Paypal account.

Business - Provides all kinds of transaction facilities.

Choose a plan depending upon your needs and all the plans are free to sign up. i recommend Premier plan for normal users. If you need to use merchant service for selling products on your website, then you must go for a business plan.

 3. A new window opens asking various information's about you. Fill the form with your name, postal address, mobile number, Email, etc. The only tough part you may notice is the PAN(permanent account number) number, am i right?. 

PAN card can be obtained by your nearest income tax department if you are an employed person or if you are currently unemployed or still a student, then you may need to fill PAN card number field with some suitable alphanumeric value which is of 10 digits.

4. Choose agree and continue button.

5. Your account is set now. You will notice account type and your status will be unverified. Basically Verify your Email Address(mandatory) and Mobile number(optional). This completes the first step process.

Verify Paypal Account for Doing Online Transactions

6. Once after your account have crossed all the above explained steps, move the cursor to profile option and choose the Add/Edit Bank Account option.

6a. Click on Add button, 

Carefully fill this form with your exact name on bank account passbook, bank name, account number and the only part you may get confused is the NEFT IFSC(Indian financial system code) code. IFSC code of your bank can be obtained by directly visiting your bank and asking for IFSC code or searching online at this website.

Note:~

As i am residing in India, IFSC is asked in India during bank account linking with paypal, Circumstances may vary for different countries.

6b. Then click on Continue button. 250INR will be charged from your account if your provided information is inaccurate else it will be refunded back to your account after verification of accurate information. You will not lose any money here.

6c. Paypal will transfer 2 very low amounts to your bank account within a week, exactly note down the 2 deposits by paypal. Login to your paypal account, you will be asking to verify bank account in notifications window, follow it and enter the 2 initial values paypal have deposited to your bank account.

6d. This verifies your bank account and you are now verified to receive money to your paypal account and withdraw your paypal balance to your bank account which takes around 5-6 days to make the withdrawn money to be visible on your bank account balance. This process is free in India where as certain charges are included for other countries and you can get to know about the fees structure they charge in my previous post.

Shopping Online Requires Credit Card Verification

7. Verifying the bank account doesn't allow you to shop online via your paypal account. You even can't add funds to your paypal account from your bank account in India where as adding funds is possible in other countries. All it asks you to do is, verify your credit card.

7a. Verifying credit card is a easy process for countries other than India, but none of the Indian credit cards  are accepted by paypal. The only Indian credit card which can verify your paypal account is the international YUVA card.

7b. You may be not aware of what YUVA card is and where you can get it!!. Yuva card can be obtained only by State Bank Of India. You will need to explain the clear purpose and necessity of Yuva card for doing online transaction and then get it from the State Bank Of India. Then Yuva card can be easily verified with Paypal.

You will not need to verify both bank and credit card. Verify them depending on your requirements. Kindly let me know if you face any obstacles or issues and i would be pleased to guide you on that. Till that take care.