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You are here: Home / Paypal / Paypal Requires PAN Number For Verification

Paypal Requires PAN Number For Verification

by Robin C Last Updated On: February 15, 2014 2 Comments

All existing and new accounts in paypal should have PAN Number added to enable withdrawals. For existing users, this can be delayed a little when it prompts for PAN Number by navigating to My Accounts page. If you dont have a PAN Number then its time to register in order to continue your ebusiness with paypal. Last month (February) paypal blocked the transfers to and from indian accounts. And that is completely restored by this march 3rd. As a measure to prevent the account misuse and personal payment issues, paypal has now integrated this PAN Number verification to bring things under control.

This step from paypal also ensure the account safety than before.

About Robin C

Security Consultant, Engineer, Technology Enthusiast and Blogger.

Comments

  1. Tushar Agarwal says

    March 28, 2010 at 5:47 am

    it is a good step by PayPal…ensures safety and authenticity without troubling the users

    Reply
  2. DadhaKumar says

    March 30, 2010 at 4:40 am

    Seems Paypal incorporates high security…

    Reply

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