What is Verified PayPal Account? If you?re an online seller or buyer, you must have come across PayPal as one of the most popular and secure payment methods available. But, PayPal has varying account types, and the most secure and credible among them is the Verified PayPal Account. But what exactly is a Verified PayPal Account, and why is it important? In simple terms, a Verified PayPal Account is a type of account where?PayPal?verifies the user?s identity. And confirms their bank account or credit/debit card information. PayPal does this verification to ensure that the account holder is trustworthy. And to prevent fraud, scams, and unauthorized transactions. It also increases the account holder?s transaction limit and provides them with more benefits. Such as buyer and seller protection.