Accepting paypal payments with unverified account?
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So I have an unverified paypal account that I have set up for donations on my website. My plan is to use the donations to help pay for the website so I dont really have any intentions to withdraw any of the money and make a verified account. I have done research and found out that this is possible with an unverified account. However, I have just received my first donation and I am having trouble "accepting" it. The transaction shows up on my recent transaction lists but my balance in PayPal is still at 0. On the payment it says "payment status - unclaimed" and there is a button that says accept. Only problem is, when I click accept it gives me this message. You must be a Verified member to accept this payment. To accept this payment, please verify your account now. PayPal requires that accounts receiving payments from our PayPal Website Payments and Instant Purchase for Auctions features be Verified. This increases the security of the PayPal network and lowers your risk by completing one of the requirements of our Seller Protection Policy. You can also refuse this payment and continue to receive payments using other features. But to ensure that you can always receive payments - verify your account today!
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Answer:
no its not
gmanrule... at Yahoo! Answers Visit the source
Other answers
NO,it's not good.
Rex
I dont' know where you researched but your information is incorrect, out of date. Paypal requires all accounts to be verified now. It is due to too much fraud that has occurred in the past. You have to remember that these accounts update rules and information all the time, so wherever you found the other information was out of date. You can call paypal to verify what I am telling you if you wish, their number is 1-888-221-1161. They also send a 1099 form out now for all sales over $20,000 per year, so you may want to find out about donations and how that is going to be reported to the IRS.
margie k
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