PayPal is the internet's leading online payment service. Owned by eBay, PayPal allows users to accept
credit card payments online and they even offer banking services such as money market and checking accounts.
By being "verified" by PayPal, you can signal to potential renters that you can be trusted. PayPal "verfies"
its members by setting up a link between your PayPal account and any checking or savings account in your name.
In this way, users know that you are a real person with a real bank account and that your property listing isn't
merely a scam. Plus you'll get a $5 bonus for becoming a verified member.
As an added benefit, should you choose, you can accept credit card payment for your rental property! Of course
PayPal charges a fee (this is how they make their money) but it's just one more convenience that makes your
property more attractive to renters.
If you're interested in becoming PayPal verified, click the banner below. This will take you to the PayPal site
where you can get more information. Once you become verified, you can add your verified logo to all your property listings (like our seal at the bottom of the page).
From PayPal's website:
What it Means to be Verified
To become Verified, a PayPal member must provide us with proof that he or she has opened an account at a bank or other financial institution. Because these institutions are required by law to screen account holders, PayPal's verification process increases security when you pay parties you do not know. Please note that PayPal's verification system does not constitute an endorsement of a member, nor a guarantee of a member's business practices. You should always consider other indicators when evaluating members, including length of PayPal membership and reputation scores (on eBay or other auction sites, if applicable).