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Paypal Verifaction

by ricburey
5 replies
Iam in the process of creating a wso and plan on launching in July sometime.I choose to Paypal as the payment processor because they are well recognized and seem to be use by all the other warriors.My dilemma is that my paypal account cannot be verified because i dont have a bank account( it will be awhile before can get one).My question is how will this effect my launch(in terms of refunds, or any other problems etc.)Suggestion,questions, comments from warriors would be greatly appreciated.
#paypal #verifaction
  • Profile picture of the author Ttone7
    When you hit the $2,000 mark you will need to verify your account its some sort of anti laundering check.

    During this period you can still accept payments for your WSO but you wont be able to withdraw any of the money.
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  • Profile picture of the author tpw
    Comply with their verification request, or go get a job.
    Signature
    Bill Platt, Oklahoma USA, PlattPublishing.com
    Publish Coloring Books for Profit (WSOTD 7-30-2015)
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  • Profile picture of the author TheArticlePros
    Originally Posted by ricburey View Post

    Iam in the process of creating a wso and plan on launching in July sometime.I choose to Paypal as the payment processor because they are well recognized and seem to be use by all the other warriors.My dilemma is that my paypal account cannot be verified because i dont have a bank account( it will be awhile before can get one).My question is how will this effect my launch(in terms of refunds, or any other problems etc.)Suggestion,questions, comments from warriors would be greatly appreciated.
    Ric...a few questions/tips for you:

    1) What's a verifaction? It sound very intriguing.

    2) You need to get verified. You're in the US...getting a bank account is simple. Go to AccountNow.com and sign up for an account. (I've used this bank since 2007 and they're great.) You'll get a free debit card and checking account that you can then use to verify your Paypal stuff with. It should only take 2 weeks or so for it all to go through.

    -- j
    Signature

    Posting About Life & Video Games:
    http://www.jarycu.com

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  • Profile picture of the author Ignite the Market
    I second that question. Why can't you get a bank account and I would also like to know how are you going to teach this community anything about being successful if you do not have a bank account and have never used Paypal? I'm not trying to be harsh as perhaps there is some logical explanation, but I also see too many people trying to launch WSO's that have not yet achieved success themselves. If you have achieved success in some arena of online business than I wish you the best of luck with your first WSO.
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