Re: Adyen is using Cleartax to verify identity.
There are sellers who dont have bank accounts or do not want to use their bank account to receive sales proceeds from online sales .
With AMZN and Etsy,they dont have a choice.
But with Ebay /Paypal they can keep their fund in the paypal account,use the PAYPAL debit card to go shopping,if they use that debit card as a credit card,Paypal gives them 1% cash rebate.
they can also use that card to withdraw cash from ATM.
There is another Paypal MC debit card which you have to pay a fee each month,you can link it to your Paypal account and move money back and forth.
You would be surprised or not surprised many folks do not have bank account,it requires minimum balance,limit of 6 free withdrawals per month,NSF is $35 or more.
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