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  #1  
Old 10-25-2019
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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??


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

Last edited by SaiJin; 10-28-2019 at 02:31 AM.
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Old 10-28-2019
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Default Re: Verified Business Account??

it's been like this for a while. Just withdraw the funds to your bank account
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Old 10-28-2019
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Default 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?)

Last edited by agent006140; 10-28-2019 at 08:13 AM.
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Old 10-28-2019
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Default Re: Verified Business Account??

Quote:
Originally Posted by agent006140 View Post
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 donít have a PayPal balance and Iím not technically verified. When I go to collect money it asks me to confirm my info but I donít want to risk it if itís 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...

Iíd 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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