After you have registered an account with Paypal, the next step is to verify your account. Verifying your PayPal account lifts your withdrawal limit, allowing you to transfer more of your PayPal balance to your bank account.
Most businesses or sellers also require you to have a verified PayPal account before transactions because it is a mean of confirming your identity. To do this, you need to link and verify your credit card.
In the Philippines, it is not common for people to have a credit card. Aside from strict qualifications, you will also need a lot of requirements to get one.
One of the most convenient ways of verifying your PayPal account without having to pay expensive credit card annual fees is to use Globe’s GCash AMEX.
GCash AmEx is a virtual card offered by Globe in partnership with American Express. This virtual card allows you to make online purchases even without a credit card.
To get your GCash AmEx, you will need a valid ID, mobile phone, and Globe SIM.
- STEP 1: First, you need to register to GCash. On your mobile phone, dial *143# . Look for the GCash Menu, then choose REGISTER. Make sure to input accurate information.
- STEP 2: Globe Subscribers who register for GCash are required to present themselves to any Globe Branches or Villarica Pawnshop branches to get verified. This is a process known as Know-Your-Customer (KYC) required by Bangko Sentral ng Pilipinas (BSP). Don’t forget to bring your valid ID.
- STEP 3: Once you got your GCash Account verified, you may now enroll for GCash AmEx. Dial *143# on your mobile phone again, and complete the registration for your GCash American Express Virtual Pay.
- STEP 4: The details of your GCash AmEx Virtual Card will be sent on your registered email address. You can also download the GCasH App for free to view your card details.
- STEP 5:Login to your PayPal account. On your Dashboard, look for the ‘Get Verified’ Link. Enter the details of your GCash AmEx. PayPal shall charge $2.00 verification fee on your virtual card, thus make sure that you have loaded the amount on your GCash. This will be refunded later on.Make sure that the details you input on your GCash Amex are the same on your PayPal account. Choose American Express for the card type, then use the US Address provided by GCash AmEx as your billing address on PayPal.
- STEP 6: To complete your verification, you will need your 4-digit verification code. To do this, you have to send an email to Globe Customer Service.
Send an email to firstname.lastname@example.org with the following format:
Subject: “GCash AMEX – Paypal”Message: 4-digit PayPal verification code request: (Your registered Globe/TM mobile phone number), (Your GCash American Virtual Pay card number)
Wait for 2-3 Working days before the CS Representative sends your Verification Code. Once you receive it, do not forget to input it on your PayPal account to complete your verification process.
You may now use your PayPal account to make online purchases or receive payment from online jobs/selling.