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The PayPal daily transaction limit defines the maximum amount of money you can send, receive, or transfer from your PayPal account within a 24-hour period. This limit is set by PayPal to ensure transaction security and to comply with financial regulations. It varies depending on several factors, including your account verification status, account type (personal or business), and transaction method (standard or instant transfer).
For unverified accounts, the daily transaction limit is quite low, usually a few hundred dollars. This is because PayPal restricts the use of certain features until the user verifies their identity. To increase your limit, you must verify your PayPal account by linking a bank account, credit or debit card, and confirming your personal details.
Once verified, the PayPal daily transaction limit is significantly higher. Typically, verified users can send up to $10,000 per transaction, and perform multiple transactions within a day, depending on the total value. However, for instant transfers, the daily limit is often capped at $5,000.
These limits can vary by country and user history. You can check your specific daily transaction limit by logging into your PayPal account and navigating to the “Account Settings” or “View Limits” section.
For more info: https://www.linkedin.com/pulse/paypal-limit-per-day-how-much-can-you-send-receive-withdraw-kumari-s1fmc
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