Help Article

What's the difference between account verification and identity confirmation for my PayPal account?

Account verification

Account verification is done by confirming that the credit or debit card registered with the account belongs the account holder. A verified status increases the confidence of other PayPal users to do business with you. Card confirmation is also a requirement if you want to start selling on eBay.

Learn more about how to add a card and confirm a card.


Identity confirmation

Identity confirmation is a process required by certain financial institutions to confirm specified transactions based on the Act on Prevention of Transfer of Criminal Proceeds. Because PayPal is registered as a funds transfer business operator with the Financial Service Agency, it is subject to the Act on Prevention of Transfer of Criminal Proceeds.

You need to complete identity confirmation to start receiving payments through PayPal.

Learn more about how to complete identity confirmation for Personal accounts.

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