How to Verify your Paypal Account

After successfully opening a Paypal account, the next step is to get verified.  If you already have a credit card or debit card at hand, then good for you, you can easily attach the card number and security code on your account.

1. Just click the “Get Verified” link on your homepage.

2. Select your card type whether it is a Visa card, Master Card, American Express, or Discover. 

3. Key in the required card number. 

 The card number is the one above your name on the front of the card, while the security key is the 3 digit number on the back of the card. As for the 4-digit number, your bank will be the one providing it so you need to contact them for it.

4. Paypal shall deduct around $2.5 for this verification process but will still be returned to you afterwards

On the other hand, if you don’t possess a credit card, debit card or bank account yet, then here are the steps for you.

1. Check out the banks supported by Paypal at the Paypal's official site

2. Decide if you will want to open a credit card, debit card or bank account

3. The fastest and easiest way is to open a debit card

4. If you’re in the Philippines, here is a list of the banks supported by Paypal:

a. BPI – to open a BPI account, you will be needing 500php and 2 valid IDs

b. BDO – Paypal accepts BDO debit card (the one that has a MasterCard logo and not the one used for your company’s Payroll)

c. Union Bank – You can apply for EON Visa Debit Card with 350php and 2 valid IDs. Personal appearance is required so you really need to go to a branch near you and bring with you the requirements. It is recommended that you first contact the branch that you are planning to visit before actually going there. Inquire if your 2 available IDs are enough since acceptability of requirements may vary in each branch. After successfully applying, you will have to wait 5-7 banking days before you can pick up the card. You also have to deposit an initial amount of at least 150 pesos before you can use the card. After this, you must register your card to the cyber account of EON and wait for 2-3 days.  

      5. After successfully getting a credit/debit card, just follow the first mentioned steps.