posted on August 16, 2005 03:27:22 PM
Just logged in to my Paypal account and was asked to provide my business information in a form (below). How in the heck does this increase my safety & the integrity of Paypal? Why would they be asking for this?
Enter Business Information
--------------------------------------------------------------------------------
PayPal is always working to increase the safety and integrity of our payments network and community. To make your transactions safer and to help us comply with financial industry standard practices, please supply the following additional information about your business.
Please be assured that we value your privacy. Per our Privacy Policy, the information you provide will not be shared with outside parties without your knowledge.
Please enter all of the following information:
Additional Business Information - This additional information further ensures the security of your account, please make sure that the information you provide is accurate. Some of information below cannot be edited. If you need to change this information, contact PayPal Customer Service. These business details will not be shared with those who purchase from you. Learn more
Category:
-- Choose a category -- Antiques Arts & Crafts Automotive Beauty (Etc..)
Sales Venue:
eBay Other Marketplace
My Own Website Other
posted on August 16, 2005 04:59:41 PM
Paypal wants to know if you are using paypal for venues outside Ebay.
It has a right to know as it is the middleman which takes the risk of accepting credit cards and disbursing fund.
-sig file -------
Eat grass,kick ass,never go belly up!
posted on August 16, 2005 05:03:13 PM
I just sign on to my paypal account,i did not get any form ??
-sig file -------
Eat grass,kick ass,never go belly up!
posted on August 16, 2005 05:12:51 PM
I was definitely in the Paypal site after logging in. Now I'm convinced someone is out to get me! It's the taxman!
~~~~~~~~~~~~~~~~~~ Caroline
posted on August 16, 2005 05:22:35 PM
Just double checked my Paypal account, there is now a link under my profile that says Business Information with the info I just entered. Strange.
~~~~~~~~~~~~~~~~~~ Caroline
posted on August 16, 2005 06:19:56 PM
I think it'a actually about gathering demographic info plus "threat assessment" as some catagories are more prone to fraud than others. It definitely is not a very thorough or well thought out list... if you look at it, it doesn't even include jewelry.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
Caroline 