posted on September 28, 2000 05:39:23 AM new
I've been checking here every day looking for some sort of statement from PayPalDamon or someone about what they intend to do after Oct.1st. I believe we were told that they would decide how to define a "business" and then allow 2 weeks before "enforcing" it.
I'd like to know what that definition is, and what they intend to do if a seller keeps a Personal account.
posted on September 28, 2000 07:37:56 AM new
Well if part of the problem is that they didn't do a good job of thinking through that little threat they posted about upgrading to business accounts or else. Then it only makes sense for them to take some time now and work it through.
You have to understand that depending on what they have people do, they are probably going to have to change their system, so they have to look at what that will take and how long, and maybe even do the work and install it before they make announcements. That could take months. In the meantime, no one should feel that they have to change their account until PayPal tells them what's up.
This is assuming of course that PayPal doesn't try to bury the announcement in another promo.
posted on September 28, 2000 09:07:46 PM new
Well it seems that Paypal has decided what to do!!! They are not allowing withdrawals!!
I have $160 in my Paypal account from numerous auctions, sign-up bonuses, and one large overseas transaction. Well, today Paypal reversed all my withdrawals starting back over 5 days ago! They are holding my monies hostage! They quote that my bank account number is not valid. Real Cute! Since it has been verified and in use for over the last 6 months! Never has been a problem receiving my money, Now all of a sudden it is incorrect??? Very Interesting!
I have heard that this seems to be a increasing "problem". It seems that a few other people are also All Of A Sudden have been using an incorrect number. Gee, its the very same number on my checks... go figure! I guess all of our banks just all of a sudden decided to up and change all of our routing numbers and bank account numbers! My checks do not seem to be having any problems! Isn't this fraud??? I do believe it is the classic case of tampering with personal funds. Since, the funds are crossing state lines...it is indeed a federal offense!
