I believe this has nvr been asked before, so here goes.

What are the risks of selling funds to unverified Paypal users?

Just to clarify:
I mean risk to the SELLER, not buyer.
(I know buyer always face risks)

from my experience...
there's no risk to the seller...
as long as u sent the fund...the buyer will receive...=)

There might be a small risk if the unverified buyer uses the funds for non paypal approved uses (i.e. Pharmaceuticals)

Since its unverified, paypal assumes that YOU own the account and using it as a front for your verified ID

If the unverified fella does exactly that, what happens to me(the seller)? will Paypal punish me or something?

If you mean totally unverified with a credit card, then the account cannot accept funds in the first place

My unverified account was able to accept USD$11. I believe there is actually a limit of funds that unverified users can receive. Not sure how much though.

MY users cannot accept funds without adding CC.

But unverified users from other countries like US,CA, UK can accept funds within a certain limit.

but i was able to accept my funds? weird..

You can accept funds, you just have a very low sending limit =/ I was using an unverified msian account previously and was able to receive a few hundred $$ from paypal sellers here

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Added on April 20, 2007, 8:05 pmWorst case you may get your acc frozen

This post has been edited by Diligent Sloth: Apr 20 2007, 08:05 PM

Wah but as u said, "worst case scenartio" so the risk of paypal taking such drastic action is very small rite?

that'd be akin to me selling guns legally to a guy, guy kills his wife with the gun, and authorities jail me for selling the gun.

Actually it'd be more like you selling a gun to a ghost, ghost kills someone and authorities jail you for shooting people (after all you have no way to prove a ghost did it, do you? )

Chances are small that it'll happen, granted, but the risk is still there and up to you to take it or not

Thanks Sloth.
And yeah life is all about taking (measured) risks.