PayPal is one of the most useful services in all areas of online business, shopping, freelancing or employment. Needless to say, PayPal’s popularity for online money transactions and payments. Unfortunately, it is not possible to open a PayPal account using a Bangladeshi address. Because PayPal has not yet started its operations in Bangladesh, and it is not certain when it will or will not.

But even after that, some people in Bangladesh use a little strategy and use the address of another country PayPal Open an account. At least that is what is known from social media. This is why some features of other online money transfer services are usually used.

Pioneer is another of the world’s most popular online money exchanges. If you open an account here The user is given a virtual American bank account. There is also a European Virtual Bank account and a MasterCard debit card.

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After opening a PayPal account, the user needs to link the bank account and debit / credit card created in his own name to the PayPal account in order to make it usable. This is called “PayPal Verification”. For this reason, many people verify the PayPal account by adding the virtual American bank account and MasterCard provided by Pioneer to their PayPal. In these cases, the PayPal account is usually opened using an American address.

In those countries PayPal There is no support. People in the online profession have been using this method for a long time by connecting PayPal and Pioneer. But sometimes PayPal does not support Pioneer’s virtual bank account. On the other hand, customers sometimes talk about problems from the side of Pioneer.

Even after all this, if you have successfully added Pioneer Bank and Card to your PayPal account, you need to be careful from now on. Apparently, Pioneer has imposed some restrictions on their virtual bank accounts. This means that from now on you will be able to bring dollars or money from outside to this virtual bank account of Pioneer, but you will not be able to make outgoing transfers (via PayPal) from this virtual bank account.

3 What is PayPal? What are the benefits of PayPal?

To put it bluntly, if you had a Pioneer bank account with PayPal, you could use Pioneer’s balance when shopping with PayPal, even if you haven’t had a PayPal balance for so long. Now if you want to spend dollars from Pioneer with PayPal, that would be an outgoing transfer to Pioneer’s virtual bank account, which Pioneer apparently no longer supports. In this case, refrain from using Pioneer’s balance through PayPal.

Otherwise, PayPal will delete your Virtual Bank account from your PayPal account whenever it realizes that PayPal is no longer accessing money from the bank account added to your PayPal account. As a result, your PayPal status will no longer be verified – it will be unverified. This will make it difficult to use PayPal account.

It is best to use PayPal’s balance only through Pioneer PayPal, so that it does not need to transact with Pioneer’s bank account. As a result, your PayPal account will be largely free from the risk of losing verified status. And in the future, maybe Pioneer will again kindly allow virtual bank outgoing transactions with PayPal. Then again, Pioneer’s balance can be happily used from PayPal 🙂