Do paypal charge different rates of commission for verified and unverified accounts?
Now some sites are going to pay only to verified accounts. So what change will be there if I get my account verified.
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Do paypal charge different rates of commission for verified and unverified accounts?
Now some sites are going to pay only to verified accounts. So what change will be there if I get my account verified.
i thnk they have the same charges whether you are verified or not. but i think the charges will only change depending what kind of account that you have opened with them and not really if you are verified or unverified.
they dont charge anything if you use personal account.
the only difference with unverified and verified member is the limit of withdraw.
Is it so Alec
They dont even charge a single penny also ???
yes mantra, you can find that information in paypal help page.Quote:
Originally Posted by mantra
or you can try asking paypal contact support if you dont believe me.
yes it is free whether you are verified or unverified. as long as you are pesronal account. but in my country we are not able to withdraw if we are unverified.Quote:
Originally Posted by mantra
I really dont know.I do know they do charge for some transcactions.It all depends on the company thats sending the money to you.Like sometimes i get all my money from my earning and sometimes there"s a charge.You can also always ask Pay pal help for more info :twisted:
Paypal charge some $1.95 (varies with country) to verify your account but they return that money in your account on first transaction.
And this verification is for keeping off the limits for transactions per month only and no charge is there on per transaction.
If you make business or premier account a % will be charged per transaction.
that is only for first time verification. and not really for receiving money from any one. well paypal says that they will give it back. actually when they bring it back the value is lesser than it was. cause of many charges from our local banks.Quote:
Originally Posted by ibs1
No that is the same amount i think, it was for mine anyways!
i have never been charged till now from the paypal account.
They have never taken away any fees because i have a personal accont
Well I don't think so, here in my country Indonesia. Unverified account unable to withdraw any money. Only premium and business account able to withdraw money from pay pal account.Quote:
Originally Posted by alec11
oh is that so. that premier and business account. you can still withdraw it. i may try to do that. open an unverified premier account. i will do it later.Quote:
Originally Posted by Gray
hey indeover, which country are you fromQuote:
Originally Posted by indieover
i am from india and i am able to directyl cash out paypal money to my SBI or icici bank account
Indie is from phillipines ...
I think paypal verified and non verified are charged the same fees for every transaction. No difference. The difference comes in the type of account you have.