Verified Paypal Account
To verify your Paypal account, you have to link your Credit Card with Paypal. This is a special Credit Card. It is not the ordinary card which is given to you when you opens an account in Bank. This credit card is Visa Card or Master Card which are used for online shopping. When you link your Visa or Master Card with Paypal than your Paypal Account is verified which means now you can send or receive unlimited money. No restriction. No Limit.And in case you do not have money in your Paypal account than you can use your Credit Card which you have linked for making any payment.
Unverified Paypal Account
Simply the account which is not linked to any Credit Card is unverified Account which means you are restricted to a number of transactions and moreover you cannot shop online as many Big Online Shopping Sources do not accept unverified Paypal account.Why Websites do not accept Unverified Paypal ?
Many websites do not accept payments from Unverified Paypal because an unverified account has no GUARANTEE ! If your Paypal is empty than they cannot get their payment.
In many cases you have to pay after the work is done and in that case you can easily cheat them with your empty Paypal Account. So a verified account gives your information to Paypal and they can easily track you if you cheat someone.
In short, Verified Paypal account is due to SECURITY PURPOSES!
How to buy a domain with unverified Account ?
Many teenager bloggers face problem buying a domain because they do not have Credit cards or Bank Accounts. Even Godaddy do not accepts payments with Unverified Paypal. So here i am sharing with you a domain provider which accepts payments from Unverified Paypal Accounts. And that provider is namecheap. Their services are also very good. Same prices of domains. Easy to setup.So if you want to buy a domain with your unverified account than go to namecheap
Hope this helps many newbies.
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