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The Risks of Using an Unverified PayPal Account

Using an unverified PayPal account exposes the user to many risks.

First, without verification, users are limited in how much money they can send and receive from their accounts. In addition, unverified accounts cannot accept payments from credit cards or other forms of payment. Furthermore, these types of accounts are more vulnerable to fraudulent activity because there is no way for PayPal to verify a user’s identity or the legitimacy of their transactions. As such, if someone were to gain access to an unverified account they could potentially use it for malicious activities such as money laundering and theft.

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