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-   PayPal Talk (https://www.aspkin.com/forums/paypal-talk/)
-   -   Verified Business Account?? (https://www.aspkin.com/forums/paypal-talk/130874-verified-business-account.html)

solefoodbk 10-25-2019 03:17 PM

I posted a thread about this and this adds to my confusion...

I created my PP account back in 2017. I upgraded it to a business account in 2017. Though I stopped doing sales at end of 2017. I just started using this account again and it does not say "accept money" it says "collect money". Obviously I already gave them my "ss" and "dob" when I upgraded to a business account, I would of thought that would make my account automatically a cash account...

Why did I get this email after confirming my new business checking account? It is like they view my account as cash account and at the same time they don't?

Any advice from USA users with business accounts??
https://imgur.com/AJ0US1e

My picture isn't showing up and I don't know how to post a picture on here so here is the email I got....

"Hello (my name),
Your (my bank) bank account x-xxxx was confirmed, and your sending limits were removed.

Your PayPal account is Verified

Now that your account is Verified, you can send payments from your bank account even when your PayPal balance is zero.

Verification increases customer trust, so thank you for taking this extra step, and enjoy the benefits of being a Verified PayPal member.


Sincerely,
PayPal

Am I seriously the only one on this forum wondering this? I cannot find a single thread about this

SaiJin 10-28-2019 02:31 AM

Re: Verified Business Account??
 
it's been like this for a while. Just withdraw the funds to your bank account

agent006140 10-28-2019 08:10 AM

Re: Verified Business Account??
 
Now that your account is Verified, you can send payments from your bank account even when your PayPal balance is zero.
--------------------------------------------
This statement does not make sense,does it mean if your Paypal balance is zero,you cannot transfer fund from bank to your Paypal account if your account is not verified?
(one should be able to transfer fund from bank after verifying bank account,irregardless of Paypal balance zero or positive or negative?)

solefoodbk 10-28-2019 12:20 PM

Re: Verified Business Account??
 
Quote:

Originally Posted by agent006140 (Post 1044607)
Now that your account is Verified, you can send payments from your bank account even when your PayPal balance is zero.
--------------------------------------------
This statement does not make sense,does it mean if your Paypal balance is zero,you cannot transfer fund from bank to your Paypal account if your account is not verified?
(one should be able to transfer fund from bank after verifying bank account,irregardless of Paypal balance zero or positive or negative?)

I know this is my point. I don’t have a PayPal balance and I’m not technically verified. When I go to collect money it asks me to confirm my info but I don’t want to risk it if it’s a different t security they use. Because when I upgraded to business as you probably know I gave them the exact same info they are asking, dob & last four ssn...

I’d prefer to have a PayPal balance only because it adds more believability to my account. Before this once you upgraded to business your basically operating a real account, no longer stealth.


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