Sorry, I don't understand - who keeps $2,500 in a Paypal account that is not running an ecommerce business? And IF you don't keep that sort of money in a Paypal account, was their plan to steal it out of your connected account or connected credit card? IF the latter, HOW COULD THAT BE LEGAL??? e.g. you have to pre-authorize such transactions etc....
Sorry, I don't understand - who keeps $2,500 in a Paypal account that is not running an ecommerce business? And IF you don't keep that sort of money in a Paypal account, was their plan to steal it out of your connected account or connected credit card? IF the latter, HOW COULD THAT BE LEGAL??? e.g. you have to pre-authorize such transactions etc....
A lot of small businesses that conduct their business online use PayPal. My PayPal is connected to one of my charge cards so a purchase paid for with PayPal shows up on my charge card. I thought this was safer but PayPal has proven me wrong.
If PayPal ever went to the charge card connected to it and put in a $2500 charge there would be hell to pay.
I’m so grateful that eBay got rid of them several years ago. I only kept mine open because some family doesn’t do Zelle. It’s going to be deleted for sure! Just not what it used to be 😭
Yea - I know all the online sellers would have that sort of $ in there... But were they actually planning to charge your connected credit card or bank account for those who don't keep $ in their paypal accounts??? I would think people raising hell with their CCs and banks would be a problem albeit I could also see them taking Paypal's side IF they are really in bed with the latter...
Better question - what _thinking_ person keeps a balance in Paypal when they have a history of freezing accounts with no warning for whatever reason(s)? I've seen several horrible stories of businesses collecting money in PayPal to fund a project, but PayPal has a policy of not allowing money for "pre-release" projects.
It would create a lawsuit storm. I can see it now. How delicious. Some adult at PayPal must have choked when they read the new policy. Are there any adults left at PayPal?
Sorry, I don't understand - who keeps $2,500 in a Paypal account that is not running an ecommerce business? And IF you don't keep that sort of money in a Paypal account, was their plan to steal it out of your connected account or connected credit card? IF the latter, HOW COULD THAT BE LEGAL??? e.g. you have to pre-authorize such transactions etc....
A lot of small businesses that conduct their business online use PayPal. My PayPal is connected to one of my charge cards so a purchase paid for with PayPal shows up on my charge card. I thought this was safer but PayPal has proven me wrong.
If PayPal ever went to the charge card connected to it and put in a $2500 charge there would be hell to pay.
I’m so grateful that eBay got rid of them several years ago. I only kept mine open because some family doesn’t do Zelle. It’s going to be deleted for sure! Just not what it used to be 😭
Yea - I know all the online sellers would have that sort of $ in there... But were they actually planning to charge your connected credit card or bank account for those who don't keep $ in their paypal accounts??? I would think people raising hell with their CCs and banks would be a problem albeit I could also see them taking Paypal's side IF they are really in bed with the latter...
I'm done with PayPal and there must be many like me out there.
Better question - what _thinking_ person keeps a balance in Paypal when they have a history of freezing accounts with no warning for whatever reason(s)? I've seen several horrible stories of businesses collecting money in PayPal to fund a project, but PayPal has a policy of not allowing money for "pre-release" projects.
I would guess most people have linked their bank account to their PP account. That would be almost impossible to get the money back.
It would create a lawsuit storm. I can see it now. How delicious. Some adult at PayPal must have choked when they read the new policy. Are there any adults left at PayPal?