Verifying your pay pal account improves your overall security. There is the initial verification process that happens during registration and another process that helps increase your transaction limits. Depending on your jurisdiction, you can link your bank or credit card to your PayPal. It is important to link your account, especially if you are receiving money.
Unverified Pay pal accounts have withdrawal limits as opposed to their verified counterparts. In the Kenyan context linking to your bank serves the verification purpose verification using a credit card is rare given the minimal use in the country at the moment. Banks such as equity bank have joined the foray of linked financial institutions with the payment processor.
You will definitely need an active bank e.g. Equity Bank account to complete the verification process
- Go to PayPal Equity bank platform
- Click on the link to verify your account “Link your equity account.”
- Complete the accompanying requirements
- Your withdrawal limit will be automatically raised after verification (PayPal will send a prompt confirming this)
- You have successfully verified your account.
If you have an Equitel line Dial *247# to open an account instantly if you don’t have any existing one.
PayPal lifts at the amount you can withdraw since verification confirms your identity, unlike unverified accounts where who, receives the money isn’t clearly established. How to verify Pay Pal account in Kenya should be easy if you have an active bank account.