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> School me on paypal schemes, WTF is this 'verify with your bank account info'?
CrashTestDummy
post Nov 24 2012, 04:25 PM
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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!
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The Batman
post Nov 24 2012, 07:39 PM
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I have never had any issues with being verified. I verified my account shortly after I created it years ago.
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ReEntryRacer
post Nov 24 2012, 09:30 PM
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QUOTE (The Batman @ Nov 24 2012, 11:39 AM) *
I have never had any issues with being verified. I verified my account shortly after I created it years ago.



I have to speak up here. I also saw no issue with that process, and I did it soon after signing up. then...2 years later, I was amazed to find both my bank account and Am. Express card balances dinged for a total of $4500 within a one hour period by a crook that appeared to be in China/Hong Kong. I did call the bank right away and they were not at all sympathetic as indeed I had signed away my permission for a PayPal withdrawl so I then called Amex and they offered to investigate the issue and froze my account. The next call was to PayPal and they had already frozen my PP account due to their computer system automatically shutting off the purchases being made as they were "not normal".
Long, long story short: I did get my money back -- after 16 weeks! I wrote a detailed account of what I had endured at PP's request after I cancelled my account. They sent absolutely no response. I do not use PayPal now and never will again.

Good Luck!
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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

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