I am wondering if it is a requirement to have a Buy & Sell verified email address through PayPal. I have never been asked this before, and wondered if this was a requirement.
PayPal is independent of FM. PayPal will provide verified (home or business) address checks, including an indicator if those addresses are not verified. You will still need to provide a PayPal email address, usually the main one you now use, to any buyers, FM or not, to transfer money. You might want to review the PayPal requirements again.
A buyer on the Fred Miranda forum states that my email address used with PayPal is not verified despite the fact that I have used it hundreds of times for transactions on other merchant exchanges such as ebay, DWF.com, and Fred Miranda. He does not trust the email address I provided based on the fact that he could not find it listed through a PayPal verified email database somewhere.
Simply type in the seller's email address on the Send Money tab and you'll see whether or not they are Verified.
Please note:PayPal's Verification system does not constitute an endorsement of a member or a guarantee of a member's business practices. You should always consider additional information when evaluating sellers, such as how long they've been members of PayPal, or what other customers are saying about them."
Type in your email address and see if you are verified. If not, make adjustments. If you are, move on to the next buyer.
Being Paypal "Verified" is not about email addresses. It's letting Paypal check and verify your home address and bank account along with linking your bank account to your Paypal account. It removes the limit on the amount of money you can send and on other things. It provides Paypal with more information about you and thus provides them and others a little higher level of security in dealing with someone that is "Verified" vs someone who is not.
Being verified is a good idea. I personally do not send money to non-verified users. The internet is full of scammers as it is, so I try to protect myself the best I can.
BenV wrote:
Being verified is a good idea. I personally do not send money to non-verified users. The internet is full of scammers as it is, so I try to protect myself the best I can.
