preapproved payments

User8761243
Contributor
Contributor

Hi

 

what is  preapproved payments? I opened a saving account at a local bank just to see my Paypal verified, I filled a lot of paper at the bank and one of them was just for paypal and I went to their portal (bank) and linked my paypal and I have something new in my paypal which is preapproved payments but I am still not verified, what is the point of it then and I how to get verified? I already linked my bank account as far as I see it.... if this is not linking a bank, what is it then?

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