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  #1  
Old 04-27-2019, 08:13 PM
Tripwire's Avatar
Tripwire Tripwire is offline
hey,does anyone here know how to.......
 
Join Date: Jul 30, 2000
Location: WA State
Posts: 4,393
new restrictive paypal account conditions? what are you doing?

seems like a good time to punch out? but what the heck do i do when using e bay or selling to other members? I understand they need to comply with regulations, but its kinda heavy handed..... i can opt out until may 7th

any thoughts

steve
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86 GrandWag. Howell fuel Injected 360. MSD Ignition + Dizzy. 727/229 swap BJ's 2" Lift and 31's

88 Wrangler 4.2, Howell TBI and MSD - Borla Headers w/ Cat-back + winch and 31's AND a M416 trailer (-:
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  #2  
Old 04-27-2019, 08:28 PM
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Cecil14 Cecil14 is offline
 
Join Date: Jan 22, 2001
Location: Carson City, NV
Posts: 5,072
I closed my account the day they sent the notice. I have never been impressed with Paypal, and been screwed by them more than once. Time for that horrible company to disappear.

Ebay will accept direct credit card charges, and you have infinitely better protection directly through your CC than you ever did through PP. If you find someone that won't accept that as payment, they don't want your money very badly.

Transactions with real people are gonna have to be cash in person or postal money order for me. I really didn't like using PP for that anyway.
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1983 J-10 - 4.6L(MPFI)/CS130D/Hydroboost/NV3550/D300/44/44/3.54/Disc-Disc/32s/42 gallon 'burb tank
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  #3  
Old 04-27-2019, 09:50 PM
SJTD SJTD is offline
350 Buick
 
Join Date: Apr 26, 2012
Location: Lompoc and Sunland, CA
Posts: 1,250
What did I miss? I don't recall seeing an email. When did it come out?
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'84 GW with Nissan SD33T, early Chev NV4500, 300, narrowed Ford reverse 44, narrowed Ford 60, SOA/reversed shackle in fornt, lowered mount/flipped shackle in rear.
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  #4  
Old 04-27-2019, 10:01 PM
SJTD SJTD is offline
350 Buick
 
Join Date: Apr 26, 2012
Location: Lompoc and Sunland, CA
Posts: 1,250
I just searched my email and didn't find anything and used it yesterday to pay for something.

Maybe I'm already complying with whatever you don't like.

I gotsta know!
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Sic friatur crustulum

'84 GW with Nissan SD33T, early Chev NV4500, 300, narrowed Ford reverse 44, narrowed Ford 60, SOA/reversed shackle in fornt, lowered mount/flipped shackle in rear.
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  #5  
Old 04-27-2019, 11:05 PM
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Cecil14 Cecil14 is offline
 
Join Date: Jan 22, 2001
Location: Carson City, NV
Posts: 5,072
https://www.paypal.com/us/webapps/mp...-policies-full
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1983 J-10 - 4.6L(MPFI)/CS130D/Hydroboost/NV3550/D300/44/44/3.54/Disc-Disc/32s/42 gallon 'burb tank
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  #6  
Old 04-28-2019, 07:10 AM
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JeepsAndGuns JeepsAndGuns is offline
AMC 4 OH! 1
 
Join Date: Jul 18, 2003
Location: Cullman, AL
Posts: 4,564
What am I missing in the link posed above?
All I am really seeing is that if you keep a balance on paypal, it will go to a separate account. Sounds like the government is making them do this.
Is it going to be harder to get to your money from this account now? Will you no longer be able to pay for stuff from this account? If you get paid, is there a time limit before it gets sent to this account or is it instantly? Will you no longer be able to send the money to your bank account?
I never got any email from them either, maybe the ones who did can share with us what is troubling.
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79 Cherokee Chief 401/T18/D20, MPFI fuel injection, hydroboost, otherwise stock.
Future mods: Caddy 500/NV4500/NP205, HP D60 front D60 smooth botom rear, 5.13 gears, 35x12.50's on H1 beadlock wheels. Warn M12000 winch.
93 Wrangler 4.6 stroker/AX15/NP231,SYE,CV, OME 2.5 lift, front hub conversion/big brakes, 31X10.50's Warn M10000 winch.
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  #7  
Old 04-28-2019, 08:08 AM
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Tripwire Tripwire is offline
hey,does anyone here know how to.......
 
Join Date: Jul 30, 2000
Location: WA State
Posts: 4,393
they now want your full name, address, SSAN, and a photo ID of you
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86 GrandWag. Howell fuel Injected 360. MSD Ignition + Dizzy. 727/229 swap BJ's 2" Lift and 31's

88 Wrangler 4.2, Howell TBI and MSD - Borla Headers w/ Cat-back + winch and 31's AND a M416 trailer (-:
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  #8  
Old 04-28-2019, 08:47 AM
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babywag babywag is online now
out of order
 
Join Date: Jun 08, 2005
Location: Land of froot loops and cukcoo-nuts, CA
Posts: 9,354
I think they only do that for folks adding/transferring money into a paypal account.
It's a federal law and something to do with money laundering prevention.

Set it up w/ credit card or bank account to pay for stuff.
I would never transfer $ into a paypal acct. it's giving them free interest $.
They have never asked me for any additional information, because I will never add $ to the account. Only drain it after folks buy something from me.
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'88 GW (aka Babywag) and '90 GW (aka JUNKbucket) both fuel injected
1994 Caprice wagon
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  #9  
Old 04-28-2019, 08:53 AM
SJTD SJTD is offline
350 Buick
 
Join Date: Apr 26, 2012
Location: Lompoc and Sunland, CA
Posts: 1,250
I wonder why I didn't get the notification. Maybe because I don't have a cash account with them?

I've always used a CC. Wasn't willing to link a bank account. I was never "Verified". As I recall they originally said that after something like $1k of transactions I'd have to get verified but it never happened.

I never have a balance except on the rare occasion when I return something for a refund. I wonder what's going to happen now. Will it go back to my CC? Guess i'll have to read the update, not just the summary.
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'84 GW with Nissan SD33T, early Chev NV4500, 300, narrowed Ford reverse 44, narrowed Ford 60, SOA/reversed shackle in fornt, lowered mount/flipped shackle in rear.
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  #10  
Old 04-28-2019, 12:57 PM
joe joe is offline
 
Join Date: Apr 28, 2000
Location: PNWet, USA
Posts: 22,308
Quote:
Originally Posted by Tripwire
they now want your full name, address, SSAN, and a photo ID of you
What could possibly go wrong???
Never had PP, never will...
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"Don't mind me. I'm just here for the alibi"
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  #11  
Old 04-28-2019, 01:45 PM
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Tripwire Tripwire is offline
hey,does anyone here know how to.......
 
Join Date: Jul 30, 2000
Location: WA State
Posts: 4,393
I read deeper.... did not like it at all, i closed my account..... pitty it was a super easy way to exchange funds
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86 GrandWag. Howell fuel Injected 360. MSD Ignition + Dizzy. 727/229 swap BJ's 2" Lift and 31's

88 Wrangler 4.2, Howell TBI and MSD - Borla Headers w/ Cat-back + winch and 31's AND a M416 trailer (-:
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  #12  
Old 04-28-2019, 03:18 PM
deckside deckside is offline
258 I6
 
Join Date: May 02, 2015
Location: United States
Posts: 256
I heard some millennials talking about Venmo'ing each other but really don't know much about it.
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1980 Wagoneer Limited "Prissyish"
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  #13  
Old 04-28-2019, 03:32 PM
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Tripwire Tripwire is offline
hey,does anyone here know how to.......
 
Join Date: Jul 30, 2000
Location: WA State
Posts: 4,393
yea venmo is popular with them, the odd thing about people today - is the inability to realize the security concerns involved with these companies. it is truly scary about the personal info collected and how easily its stolen. i have been a ID theft victim and its no fun.

Oh well.... back to 1980's we go
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86 GrandWag. Howell fuel Injected 360. MSD Ignition + Dizzy. 727/229 swap BJ's 2" Lift and 31's

88 Wrangler 4.2, Howell TBI and MSD - Borla Headers w/ Cat-back + winch and 31's AND a M416 trailer (-:
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  #14  
Old 04-28-2019, 05:53 PM
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KaiserMan KaiserMan is offline
I got the Willys....
 
Join Date: Jun 21, 2005
Location: Huntington, Ma.
Posts: 8,670
Doesn't sound that bad. I transfer all of the money I have in my PP account to my linked bank account every Thursday night, then transfer it out of that account into my regular checking account every Saturday morning. I don't trust it to sit in my PP account or the linked account.


PP made me give them additional info a while back. In Mass they have to report your PP income to the IRS and Mass after $600 in sales, vs. $20K plus 200 or more sales in virtually all other states. Though I bed that's going to change soon.
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1975 Chevy K20 8400lb GVW Camper Special
1971 Gladiator
J2000 Platform-Stake Dump 350/T18

1970 Gladiator J3000 3407Z Camper Truck 350/T18
1963 Gladiator J300 Townside 350/TH400

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  #15  
Old 04-29-2019, 03:30 PM
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jeepman1 jeepman1 is offline
258 I6
 
Join Date: Jul 22, 2015
Location: Cortez fl
Posts: 415
Just another gov'ment intrusion..

Zuckerburg (or whatever the hell his name is) owns this as you know, and he is in the tank with the Demodogs as was exposed after the election. He, I'm sure gives all your information to the Gov'ment. Bye bye PP.
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'83 Honcho j10
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  #16  
Old 04-29-2019, 05:03 PM
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Cecil14 Cecil14 is offline
 
Join Date: Jan 22, 2001
Location: Carson City, NV
Posts: 5,072
Quote:
Originally Posted by jeepman1
Zuckerburg (or whatever the hell his name is) owns this as you know, and he is in the tank with the Demodogs as was exposed after the election. He, I'm sure gives all your information to the Gov'ment. Bye bye PP.

Paypal is owned by Ebay, and unless something has changed recently that I have not heard about, Zuckerberg has never had any involvement with Paypal.

Don't get me wrong, they're both completely vile companies, but one is not related to the other.

edit: Was owned by Ebay, but was spun off and is technically its own public entity now. Still, not involvement from Zuck that I have seen.
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1983 J-10 - 4.6L(MPFI)/CS130D/Hydroboost/NV3550/D300/44/44/3.54/Disc-Disc/32s/42 gallon 'burb tank

Last edited by Cecil14 : 04-29-2019 at 05:13 PM.
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  #17  
Old 04-29-2019, 06:10 PM
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rang-a-stang rang-a-stang is online now
360 AMC
 
Join Date: Oct 31, 2016
Location: Camarillo, CA
Posts: 2,567
Sigh.... I was hacked as part of the OPM data breach a couple years ago so all my data, and those that were listed in my background investigation paperwork is all compromised already anyway.

My daughter (19 years old) Venmo's her rent to my wife and I don't really understand it either but the $$ can go from my daughter's account to my bank account so that is all that I really care about. Guess I'll be closing my PP, too. My freinds at work may fun of me because I still pay many of my bills with good ol' fashion checks. I may go back to that for this stuff, too.
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(Cherokee Build Thread)
11 Nissan Pathfinder Silver Edition 4x4
09 Mazdaspeed3 Grand Touring
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  #18  
Old 04-29-2019, 06:25 PM
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Cecil14 Cecil14 is offline
 
Join Date: Jan 22, 2001
Location: Carson City, NV
Posts: 5,072
Quote:
Originally Posted by rang-a-stang
My daughter (19 years old) Venmo's her rent to my wife and I don't really understand it either but the $$ can go from my daughter's account to my bank account so that is all that I really care about. Guess I'll be closing my PP, too. My freinds at work may fun of me because I still pay many of my bills with good ol' fashion checks.

Every bank/credit union I've seen in the last couple years offers account to account (even external accounts) transfers for free now. If nothing else, you can usually set an individual up as a "company" and pay them electronically that way. It will result in the bank/CU sending that person a paper check, but it's from them and not you personally. I've paid all my things that way for a very long time. I don't assume those institutions are any more secure than anyone else, but it at least mitigates who I am giving my info to.
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  #19  
Old 04-30-2019, 03:54 PM
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ZackN920 ZackN920 is offline
350 Buick
 
Join Date: Nov 18, 2015
Location: Stephenson County, IL
Posts: 875
Wait, are they going to actually force ya to give them more info if you keep the account after the 7th?

My understanding, is that I cant have money in MY paypal account anymore. That I'll have to open a "paypal cash" account. I looked into that and saw that's where they want more info. Sorry, but I don't EVER give out my SSN so I'm not doing that, but as of now I can still transfer money I get from others to my linked visa debit card.
I was planning on closing my account, but after I sent the remaining money to my card, and it actually worked, for now i'll keep it. That's no big deal to me, but if the day comes that I can't accept online forms of payment and then transfer it, I'm gone.
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1990 Grand Wagoneer-"The Crapwagon"
AMC 360, TF727, NP229, 3.31gears, 2" lift
Rancho 44044, Rusty's 2" AAL, TFI
...still kinda rusty

The other's
1926 Dodge Brothers 5 pass. Business Sedan 212-I4, 3 speed, CRANK START (new long term project)
1987 Lincoln Town Car "Signature Series" 5.0, AOD unknown gears
1987 Dodge Dakota LE 3.9,A999TF,3.90gears(DD)
1994 GMC 'Burban L05-5.7,4L60E,3.73gears(DD)
2001 Jeep Cherokee Sport 4.0,AW4,3.73gears(thinkin of selling)
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  #20  
Old 04-30-2019, 03:58 PM
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ZackN920 ZackN920 is offline
350 Buick
 
Join Date: Nov 18, 2015
Location: Stephenson County, IL
Posts: 875
Quote:
Originally Posted by Cecil14
Every bank/credit union I've seen in the last couple years offers account to account (even external accounts) transfers for free now.
Then my bank, or my sister's bank (real brick and mortar places) are assholes! I sent 4K to my sis a few years back as a loan to help out for a car purchase and they took a $50 fee. I didn't know about it until she told me that it was 50 low
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1990 Grand Wagoneer-"The Crapwagon"
AMC 360, TF727, NP229, 3.31gears, 2" lift
Rancho 44044, Rusty's 2" AAL, TFI
...still kinda rusty

The other's
1926 Dodge Brothers 5 pass. Business Sedan 212-I4, 3 speed, CRANK START (new long term project)
1987 Lincoln Town Car "Signature Series" 5.0, AOD unknown gears
1987 Dodge Dakota LE 3.9,A999TF,3.90gears(DD)
1994 GMC 'Burban L05-5.7,4L60E,3.73gears(DD)
2001 Jeep Cherokee Sport 4.0,AW4,3.73gears(thinkin of selling)
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