IPB

Welcome Guest ( Log In | Register )

 Forum Rules 
Hotpart.comUnbalanced EngineeringUMI PerformanceSolo PerformanceBlaine Fabrication.com
> School me on paypal schemes, WTF is this 'verify with your bank account info'?
CrashTestDummy
post Nov 24 2012, 04:25 PM
Post #1


Veteran Member
*****

Group: Advanced Members
Posts: 3,885
Joined: 3-July 04
From: Pearland, Texas
Member No.: 385



So, my wife's had a paypal account for several years, now. She's used it to buy stuff online and even let me use it to buy car parts from people with paypal accounts. It IS convenient. She pays the bill through a credit card she set up to pay for it through. Always paid the bill, no problems there.

Now, after many years of use, we've reached a 'spending limit' of $10,000, and can make no more purchases unless we 'get verified' by:

1. providing paypal with bank account information so they can deposit money in it and she sends it back, or
2. getting a paypal credit card.

WTF?!?!

Item no. 1 sounds like every ebay money order scam we've all read about, and we don't need another freaking credit card. Why the hell does she _now_ need to be verified after using their services trouble-free all these years? We WON'T be providing them with any bank account information, and DON'T need another credit card.

Are there any solutions, or do I go back to sending the seller a check and waiting for it to clear like I used to? This sux, IMHO!
Go to the top of the page
 
+Quote Post
 
Start new topic
Replies
TylerWilson785
post Nov 24 2012, 04:49 PM
Post #2


Member
*

Group: Advanced Members
Posts: 102
Joined: 29-October 10
From: Carson City, MI
Member No.: 25,227



QUOTE (CrashTestDummy @ Nov 24 2012, 11:25 AM) *
So, my wife's had a paypal account for several years, now. She's used it to buy stuff online and even let me use it to buy car parts from people with paypal accounts. It IS convenient. She pays the bill through a credit card she set up to pay for it through. Always paid the bill, no problems there.

Now, after many years of use, we've reached a 'spending limit' of $10,000, and can make no more purchases unless we 'get verified' by:

1. providing paypal with bank account information so they can deposit money in it and she sends it back, or
2. getting a paypal credit card.

WTF?!?!

Item no. 1 sounds like every ebay money order scam we've all read about, and we don't need another freaking credit card. Why the hell does she _now_ need to be verified after using their services trouble-free all these years? We WON'T be providing them with any bank account information, and DON'T need another credit card.

Are there any solutions, or do I go back to sending the seller a check and waiting for it to clear like I used to? This sux, IMHO!


I feel your pain! Paypal only allows you to spend $10K before they "verify" you. I was in the middle of purchasing a bunch of stuff from Blainefab during my verifying experience. I had to wait to pay Alan until I was verified, so it was tough as he was in the middle of making a roll bar and ordering parts, so the project took a few days longer. I did give them my account # (checking) and they made 2 deposits of like $.01 and $.02 and told me to tell them how much they had deposited so that they could verify that I had an account. I am sure they have many reasons for taking people through this process, I didn't like it but I decided I liked the convenience of it so I did it. I don't know any way around it, maybe someone else does.
Go to the top of the page
 
+Quote Post

Posts in this topic
CrashTestDummy   School me on paypal schemes   Nov 24 2012, 04:25 PM
TylerWilson785   QUOTE (CrashTestDummy @ Nov 24 2012, 11:2...   Nov 24 2012, 04:49 PM
CrashTestDummy   What I don't understand is why we can spend ...   Nov 24 2012, 05:53 PM
Al weyman   Why are you worried about giving your account deta...   Nov 24 2012, 06:59 PM
Al weyman   Why are you worried about giving your account deta...   Nov 24 2012, 06:59 PM
The Batman   I have never had any issues with being verified. ...   Nov 24 2012, 07:39 PM
ReEntryRacer   QUOTE (The Batman @ Nov 24 2012, 11:39 AM...   Nov 24 2012, 09:30 PM
JMP33   That's the exact reason why I don't let an...   Nov 25 2012, 03:04 AM
SuperMacGuy   I've used Paypal for years without problems. Y...   Nov 26 2012, 02:14 AM
Rampant   I never knew it was the $10k deal, but in hin...   Nov 26 2012, 10:59 PM
CrashTestDummy   Yeah, I fought using it for a while, then buckeled...   Nov 27 2012, 02:04 PM
cozog   Warning: With your 'verified' paypal accou...   Dec 4 2012, 07:14 PM
StanIROCZ   They want your bank account because it is cheaper ...   Dec 4 2012, 09:49 PM

« Next Oldest · General Discussion · Next Newest »
 

Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



Lo-Fi Version Time is now: 7th June 2025 - 10:36 AM