I am setting up my business to accept payment from PayPal invoices. Then someone told me I have to be verified to do this. I do not have a checking account, and will not be getting one. Do I have a problem? If necessary, could my PayPal account be verified with a savings account?
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My title says it all. I heard that I need to be verified to accept credit card payments. Is that true? I do not have a bank account, and do not plan on getting one. Can credit card payments be simply posted to my PayPal account and I can spend them from there? This is very important to me, because I thought there wasn't going to be a problem, and I have everything set up to send invoices for payment through paypal. Help!
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This relates to a question I just asked. Soooo.... I just register a debit card, and then I can make payments through PayPal and the amount is taken off of the debit card???? That is what I understood from what you wrote, but I am not sure if it is right. And, relating back to my question, would registering that debit card (a MasterCard) verify my account? Thanks for clearing the fog!
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I get my income on a direct deposit MasterCard. That would be how I would have to put my initial deposit on my account. I do not have a bank account for personal reasons. Could my account be verified simply by my deposit from the MasterCard?
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