PayPal is the most popular and trusted payment gateway in the world. It is used by millions of people every day to send and receive money online. As a buyer, you should be aware of fake PayPal accounts as they are created by some scammers with malicious intentions. The account can be used for identity theft or other illegal activities such as fraud etc. The main purpose of this article is to educate you about how these fake accounts are created and what steps can be taken to avoid them altogether.
Difference between verified and non-verified PayPal account
Buying a verified PayPal account is more secure than buying one that is not verified. A verified PayPal account means that the seller has provided enough information to prove that they are who they say they are and it helps to avoid fraudulent accounts. The seller needs to provide their ID and other documents for verification purposes. Verified accounts will have a green badge in the top right corner of their profile page, which you can see in this screenshot:
Buy from Trusted Vendor
The best option is to buy from a verified PayPal account seller. A vendor is an individual or company that sells products or services and accepts payments online, i.e., through a website or mobile app.
Verified Paypal account sellers are legit because they have been verified by PayPal. This means that the payment system has confirmed their identity by checking their credit score, bank statements, and other documents associated with them (such as their driving license).
Risk
It’s important to note that there are risks involved with buying a verified PayPal account. The biggest risk is that you may end up with a fake account. This can happen if the seller is selling you an account that he or she has stolen from someone else, or if the seller simply makes up information about your new PayPal account. In this case, the seller will try to sell you something that doesn't exist—and then leave you high and dry when they disappear with your money.
Another risk of buying online is getting banned by PayPal for violating their terms of service agreement: if someone else knows your password and uses it without your knowledge (or if they use one of these other methods), then they have essentially stolen anything stored on your linked bank accounts within minutes after setting up their own fraudulent account(s). Because this type of fraud is so prevalent in today’s world; many companies now require verification before making any kind of purchases like this one should be done at all times before making any payments using such platforms."
Conclusion
Buying a verified PayPal account can be a daunting task. However, with the right knowledge and guidance from the experts, it is not as difficult as it might seem. The first thing you need to do is make sure that you are buying from a trusted vendor who sells verified accounts only and will not sell you any other type of account. After that, all you need to do is follow some simple steps which will help us verify your purchased account within a few days.
You can also read: How to verify a PayPal account?
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