Is PayPal identity verification reliable? How long does it take?

Those who do cross-border e-commerce know that opening a PayPal account is the most basic requirement, because this payment method is used by many consumers. To open a PayPal account, you need to conduct identity authentication. Is this authentication method reliable? Many friends have some concerns.

1. Is PayPal identity authentication reliable?

reliable

PayPal is one of the world's largest third-party payment platforms. Identity authentication on PayPal is relatively reliable and risky. Our personal information is effectively protected by law. If PayPal leaks our personal information, it will bear legal responsibility. Of course, a company as big as PayPal will not do this.

PayPal is a third-party payment platform, and you will need to bind your own bank card before you can use it. Uploading a photo of your ID card cannot be said to be completely risk-free, but the risk is not high.

2. How long does identity verification take?

It takes 2-5 days

If you want to use PayPal normally, it is not enough to just register and activate your email address. You also need to submit your identity information for identity authentication. Only after passing the authentication can you use basic PayPal functions. After you submit your identity information, the system will review it within 2-5 days. If the review is not completed within this time, it may be that my materials are incorrect and need to be manually reviewed. You can go to PayPal's customer service to consult the situation.

The following documents are required for PayPal authentication:

1. Chinese citizens can verify by uploading a scanned copy of their ID (front and back). In addition, PayPal accepts the use of ID as proof of address.

2. Non-Chinese citizens need to upload a scanned copy of their passport information page and proof of address in mainland China. The proof of address document must be the following types of documents issued by relevant domestic institutions within the past 6 months: utility bills, credit card bills, mobile phone bills, bank statements, etc.

In general, PayPal identity authentication is reliable. PayPal will not leak our information. After all, such a large company is not likely to do such a thing. After submitting the identity authentication, you will know the result in 5-7 days.