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

[MarkKernes@xxxxxxx]

In a message dated 4/18/01 8:20:14 PM, wier@xxxxxxxxxxxxxxxxx writes:

<< 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. >>

Apparently, PayPal is either getting leery of handling the credit card 
payments, or else they get a better deal by simply transferring actual funds 
from a bank account to their seller's account. I noticed that once I provided 
my bank account information to them, the bank account became the default 
payment method; you have to go through a couple of extra screens to change 
that if you want to pay by credit card. However, once I did provide the bank 
account information, I had no problem getting increased limits on my credit 
card transfers. Apparently, PayPal feels safer giving higher credit card 
limits once they know you actually HAVE a bank account.

Mark Kernes

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