+5 votes
78 views
in Tips & Tricks by (242k points)
reopened
PayPal: Confirm your account - that's how it works

1 Answer

+3 votes
by (1.6m points)
 
Best answer

How to verify your bank account in PayPal
quick start Guide

In order to be able to use PayPal, you have to confirm your deposited bank account. We'll explain how it works..

image image

PayPal is a practical online payment service that is free for private individuals. But until you have verified your PayPal account, you may not be able to take full advantage of the service. PayPal also wants you to confirm your bank account for security reasons. You can read how this works in this tipps + tricks article.

How to verify your bank account in PayPal

Follow our step-by-step instructions or take a look at the brief instructions .

1st step:

image

Go to PayPal's e-exchange via paypal.com/myaccount/wallet . If you are not yet logged in, log in with your email address and your password. Select the bank account you want by clicking on it..

Step 2:

Next, select the " Confirm " option on the account page. PayPal will now transfer one cent to the specified bank account within two to three working days.

Step 3:

Check your bank statement to see the transaction details. In the purpose of payment you will find a four-digit code in the form " PP.1234.PP ". Memorize or write down this..

4th step:

image

To confirm, go to the e-exchange again and select the bank account that should be confirmed for PayPal. Enter the four-digit code there. Your PayPal account is now confirmed and all limitations have been lifted. The status should now change to "Confirmed".

quick start Guide

  1. To confirm, first call up the PayPal e-exchange via paypal.com/myaccount/wallet .
  2. There click on the connected bank account.
  3. Here you select " Confirm ".
  4. You will now receive a payment of one cent to your bank account within the next 2-3 working days.
  5. Make a note of the four-digit code from the reference. You will find this in the " PP.1234.PP " format .
  6. Now call up the e-exchange again and select the bank account.
  7. Finally, enter the four-digit code to verify the bank's account for your PayPal account.

...