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What does it mean if a Seller or Buyer is Verified or Unverified?

A Verified member maintains a confirmed bank account on with PayPal. This verification process is a secure and easy way for PayPal to gain additional proof of a member's identity in conjunction with PayPal own authentication methods, and increases the security of its payment network for everyone. An Unverified member is one who has not completed the verification process by confirming a bank account. If you have not yet done so, you can confirm a bank account to obtain Verified status at PayPal..

More information : PayPal Help

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In which countries is PayPal available?

Non-U.S. Accounts	PayPal Help Center

PayPal currently supports sending and receiving payments in five currencies: U.S. Dollars, Canadian Dollars, Euros, Pounds Sterling, and Yen. Learn more about Multiple Currencies. In addition to the U.S., PayPal is now available in the following countries: Anguilla Argentina Australia Austria Belgium Brazil Canada Chile China Costa Rica Denmark Dominican Republic Finland France Germany Greece Hong Kong Iceland India Ireland Israel Italy Jamaica Japan Luxembourg Mexico Netherlands New Zealand Norway Portugal Singapore South Korea Spain Sweden Switzerland Taiwan United Kingdom  Users in these countries are limited to sending money with their PayPal accounts. They may not receive payments.  PayPal accepts withdrawals to local bank accounts in these countries. Users in any country may withdraw funds to a U.S. bank account. More information about countries available to PayPal