PayPal has a great name among online payment processors. It is considered as the best method to send and receive payments online. But unfortunately PayPal is not available in some countries including Pakistan, Egypt, and Iran etc. However, Many people from PayPal unsupported countries want to verify PayPal account for easy online transactions. When a company opens an online store, they first introduce PayPal as their payment option. So, for online shopping and for earning money online, verified PayPal account is usually required.
Why to Verify Paypal Account?
You can create a PayPal account within minutes but it will be unverified and there will be some limitations. In order to lift up those limitations, you will need to verify PayPal account.
Using Unverified PayPal account,
- You can’t send more than $500 payment in a month.
- You will not be able to withdraw your PayPal earnings.
- Some websites don’t allow unverified PayPal users to buy products.
So, if you hit the monthly sending or receiving limit then you will have to wait for next month in order to make PayPal payments. Although you can utilize your earned money for buying some products but many websites (e.g. Godaddy) allow only verified PayPal users to buy products. So, it is necessary to have a verified PayPal account.
Many bloggers and freelancers face difficulties to verify PayPal account. I have seen people selling verified PayPal accounts and tricks to verify PayPal account on many websites. Now using Payoneer you can easily get verified PayPal account in unsupported countries like Pakistan.
Why Choose Payoneer for PayPal verification?
People know that they can verify PayPal account using Payoneer but they don’t know how to proceed. For those who don’t know, Payoneer is an online bank that allows people to create U.S bank account free and fast for online transactions. People from United States can use PayPal for making payments and if you get a U.S bank account then you will also be able to get your PayPal account verified.
Payoneer also provides US payment service that allows you to withdraw PayPal earnings to Payoneer Bank account. So, you will also be able to withdraw you PayPal earnings from Local ATM machines.
How to Verify PayPal Account Using Payoneer?
Create a PayPal Account
First of all you will have to apply for a PayPal account. Selecting USA as your location, choosing PayPal for personal use and click on the get started button. Fill the PayPal signup form with all the required information and click the button to create a pay pal account.
After email verification, you will be able to login to PayPal account and you can now send and receive money by providing your email ID to Payment sender. In order to lift PayPal limits and verify paypal account, follow the steps below.
Apply for Payoneer
After PayPal account creation next you will have to Create an account on Payoneer. Remember that your name should exactly match as that on PayPal account. You will get an approval email from Payoneer after 4-5 days indicating the number of days required for shipment of your card. After receiving the atm card, a verification of your Payoneer account will required and you can easily do that by providing the scanned documents like National ID card or driver license etc.
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Apply for U.S Payment Service
In order to receive payments from US companies including Amazon, PayPal Inc., AOL, Facebook Inc, Digital River Inc., ClickBank, etc you will have to apply for Payoneer US payment service. Login to your Payoneer account and on receive money tab, click on the US Payment service button. After filling the form with required details, submit it. You will get an email within a week indicating that you can now use Payoneer US payment service.
You will also get Bank routing number and Bank Account number for receiving payments. These details will be used further to verify PayPal account.
Remember that your Payoneer account will opened in 1st Century Bank of USA.
Linking Payoneer with PayPal
Now finally it’s time to link PayPal account with your Payoneer for verification of PayPal account. Login to Your PayPal account and click on get verified link. You will be required to enter your bank account details including routing number and Bank account number. Get these details from Payoneer U.S payment service and finally link Payoneer with PayPal account. Note that PayPal deducts a verification fee of 1.5 Euro from your Payoneer account. So, you must have a minimum of 5$ in your Payoneer account for PayPal account verification.
You can add funds to your Payoneer account from various sources. Moreover, If you have some dollars in unverified PayPal account then you can also withdraw those to your Payoneer Bank account by providing Payoneer Bank details. After 3-4 days your Payoneer account will be loaded and you will be able to attach Payoneer with PayPal.
Withdraw PayPal To Payoneer
After getting verified paypal account, you will be able to withdraw all your PayPal funds directly to Payoneer account. Click on the with draw funds tab from your PayPal account and select Payoneer to withdraw funds to your US bank account.
After 3-4 days your PayPal funds will be transferred to Payoneer Bank Account and you can withdraw payment from any ATM machine. Payoneer is supported worldwide and you can withdraw funds easily from anywhere and you will get cash in your local currency.
If you are residing in Pakistan then I will recommend you to choose Muslim Commercial Bank (MCB) to withdraw PayPal funds from Payoneer. Standard Charted Bank (SCB) , Faysal Bank and Citibank also accept Payoneer transactions in Pakistan.
There are also some fees that are associated with withdrawal of Payoneer funds from ATM. For new Payoneer users, here I am providing the details of fees.
- $29.95 – on annual basis
- $2.15 – successful ATM transaction.
- 1$ per failed ATM transaction.
- 3% – Currency Exchange Fee.
- 1.00% (of loaded amount) – Transfer from Checking or savings Account.
- 3.75% (of loaded amount) – Transfer Bank Cards
So, that’s all about PayPal account verification and withdrawal of PayPal funds using Payoneer. If you still face any problem then feel free to share it in comments.