
When I first heard the freelance veterans drop the term "PayPal verification," I wanted to know why everybody's making such a fuss over it.
Isn't having a PayPal account enough? Why do I have to verify my account anyway? What does PayPal verification mean?
Verifying your PayPal address is synonymous to confirming your identity as the holder of the account. The verification process includes linking your PayPal account to a valid bank account, credit card or approved debit card (such as your
Unionbank EON debit card).
If you've just commenced your freelancing career and your intention is to merely receive payment for your work, an unverified PayPal account should suffice. In the long run though, you will feel compelled to complete the verification process. Here's why: