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Re: [sell-3d] off topic - paypal


  • From: Linda Nygren <lnygren@xxxxxxx>
  • Subject: Re: [sell-3d] off topic - paypal
  • Date: Wed, 18 Apr 2001 22:33:51 -0500

I think they are not bluffing. They definitely limit incoming credit
card payments on the free accounts (no more than $100 per month) unless
you "upgrade" to a fee account. I would guess they will enforce the
other limit you refer to also. I was initially wary of registering my
bank account numbers with them, but I took the leap when I saw that they
at least supposedly have "insurance" that would cover losses due to
fraudulant use of the info. It might be prudent to link to an account
with a relatively small balance, rather than an account with ones life
savings in it. Assuming that there is a difference between the two
figures. -Linda

Bob Wier wrote:
> 
> Hello everybody -
> 
> I've gotten a note that I'm approaching my limit on pay pal buyer
> transactions, and I need to register a bank account. I'm not too eager
> to give out that kind of information, and I don't understand why they
> need it anyway if I'm always using a credit card for payment. Question:
> once I get to the limit, do I have to discontinue using it unless I
> register a bank, or can I continue (ie, is it a bluff?). Otherwise
> it's working well for me (don't know how sellers are currently regarding
> it right now, though, after the problems last summer)...
> 
> THANKS
> 
>               Bob Wier
>        mailto:wierb@xxxxxxxxx
>    21:18 GMT Wednesday, April 18, 2001
>     Rocky Mountain College, Billings MT.
>  keeper of the Overland-Trails mailing list
>      and the USA GPS Waypoint server
> 
> 
> 
> 
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