PayPal push to get more accounts verified

It's always been a bone of contention for sellers that PayPal is the defacto standard when paying for eBay purchases, and yet so many transactions fail to qualify for seller protection. One of the reasons for this is large numbers of of accounts are not verified.

PayPal are currently encouraging more users to get verified with messaging in email news letters and incentivising them with entires into the "Win £25,000 on PayPal for Christmas" promotion.

Getting PayPal verified removes limits on the amount you can send and receive and for sellers can qualify them for seller protection with coverage up to £3,250.

It's noticable that more buyers are getting verified, and any moves to increase this number is good news for sellers.