Lets get a few things straight

[yankee]

Originally Posted by Leader2dark

SSN is required. I don't know how people are getting around this other than stealing IDs.

I guess where there is a will, there is a way is technically correct, but average users won't go that far.

I didn't realize they asked for more bank info after a certain payment number. What is the point?

1.) Very easy and not at all grey never mind ID theft.
2.) Lets hope so.
3.) That depends. I have yet to be asked for more docs. I have accounts with miss matched names on banks with no problems and I have recently had a bank removed and they asked for a new bank that matched names. Still no doc requirement for me yet.

[agent006140]

Originally Posted by iamlmfao

why cant these cvunts just add BOTH!?!?!? GIVE THE USERS AN OPTION!!! we make there website help us out but nooooooo they just wanna always screw u.

buyers can still use Paypal to pay you,under AYDEN,but you would be receiving your proceeds from AYDEN,not Paypal .
Some sellers do not have bank account or they dont want AYDEN to deposit to their bank accounts,so Paypal is working on a way to give Paypal members a routing number and account number so we can use it to receive AYden deposits.
so far we have heard nothing.

[yankee]

We are moving back towards less and bigger accounts. It seems we have less and less competition now. Less hack sellers. Less chinese sellers in our market. All this means less throttling.

What people are missing is that EBAY and ADYEN are not collecting the same information. Ebay really is not getting or using your SS number and Adyen does not care as long as EBAY is taking the risk.

Anyways, hack sellers, scammers, etc will have a much harder time. Big sellers, good sellers it will not be a problem and eliminate all the issues with paypal. Turn and burn sellers will get cycled out.

[iamlmfao]

Originally Posted by agent006140

buyers can still use Paypal to pay you,under AYDEN,but you would be receiving your proceeds from AYDEN,not Paypal .
Some sellers do not have bank account or they dont want AYDEN to deposit to their bank accounts,so Paypal is working on a way to give Paypal members a routing number and account number so we can use it to receive AYden deposits.
so far we have heard nothing.

I love how you keep saying paypal is working on a way. THEY AINT DOING DIDDLY.

[agent006140]

I know,Paypal is not a bank in USA,how can it give each one of us a routing number and account number?
Unless they buy a commercial bank?dont know if that would work
Or it has a debit card which you can make deposit to,may be that can be used?
that card cost 4.95 a month
I dont work for Paypal.

[ebayround2]

I was wrong on the part of the name on your eBay account and bank having to match, once you hit a threshold it will flag you. The good thing is that it automatically changes your registered info to what you gave AYDEN so you click update and then you are good. Unless you had the same name and address in the past I don't think it is linking you to old accounts unless ALL of the new info matches the last one which is rare. At this point MP is working out great.

[HurricaneHuntr]

Originally Posted by yankee

1.) Very easy and not at all grey never mind ID theft.
2.) Lets hope so.
3.) That depends. I have yet to be asked for more docs. I have accounts with miss matched names on banks with no problems and I have recently had a bank removed and they asked for a new bank that matched names. Still no doc requirement for me yet.

I responded to your PM the other day, i guess i missed it in a rush from awhile back. If you get a chance check it out

[nodeal]

What has been my experience on 2 MP accounts is that around 4500.00 in sales the account is flagged for mismatching names with the bank account.

[agent006140]

who is complaining?
bank or MP?

[iamlmfao]

Originally Posted by agent006140

who is complaining?
bank or MP?

About your paypal isnt a bank, hell they may aswell be already hot daamn. I mean ssn for everything. Payoneer isnt a bank...and they offer routing and account number from just giving them ssn. So maybe paypal can go that route?
either way i do believe paypal will hurt. because yes some sellers want that money in there paypal to buy stuff etc oh and wait doesnt ebay get money if someone uses there paypal to buy something?

[nodeal]

Originally Posted by agent006140

who is complaining?
bank or MP?

MP is asking for me to update my info to match my bank's information or send a statement.

[iamlmfao]

Originally Posted by nodeal

MP is asking for me to update my info to match my bank's information or send a statement.

so $4500 is the threshold. Nice to know. LOL

[supernova]

I wanna be part of the MP club so bad.

However not one of my 21 Ebay accounts have been invited.

[solefoodbk]

Originally Posted by ebayround2

Not entirely true on the eBay name and bank account having to match. To be clear, the name that you give the payment PROCESSOR and the bank account has to match. If you have a stealth eBay account with a made up name, that's fine. The name that you use to sign up for managed payments has to match the bank account and of course that SSN will have to match. I actually LOVE this new payment system so far. No holds, daily payouts, if you have a refund to do it just gets subtracted. WAY better then PayPal's BS they were allowed to get away with for the past 20 years.

So what are you saying? You can use your real info for management payments and still have stealth name? I don’t understand? If you give social and it’s actually cross checked, it would be a clear red flag for eBay that the names don’t match??

[solefoodbk]

Originally Posted by nodeal

What has been my experience on 2 MP accounts is that around 4500.00 in sales the account is flagged for mismatching names with the bank account.

But if you use a business account then the name reported is only the business name. They should not be able to see a persons name or co-signer on the account it should only show the business entity therefore no mismatch.

[yellowprintdirect]

Originally Posted by solefoodbk

So what are you saying? You can use your real info for management payments and still have stealth name? I don’t understand? If you give social and it’s actually cross checked, it would be a clear red flag for eBay that the names don’t match??

I deffo need this answering in depth haha

[leighanns520]

Originally Posted by solefoodbk

But if you use a business account then the name reported is only the business name. They should not be able to see a persons name or co-signer on the account it should only show the business entity therefore no mismatch.

I do believe if it's a business account and using business name an ein is used and they ask for an owner name and social security number.
At 4000 I had to update info as my bank account and eBay account was not matching. I had to add my middle initial as it was on bank but not eBay. I also uploaded bank statement. Just not having middle initial on one and nit the other flagged my account for me to fix it so they both matched. Bank statement was asked for if the current name on eBay and bank was correct. I edited it and added middle initial. I went ahead and uploaded bank statement at that time as well. Everything was cleared through in just a couple of hours and was good to go once again

[Lucynda]

Originally Posted by iamlmfao

ok guys. I wanna get some things cleared up please.

Number 1: once adyen is fully implemented WILL EVERY SINGLE USA SELLER NEED TO PROVIDE SSN?

Number 2: is it a myth they want matching bank names? some reports say yes, some say no.

Number 3: Does anybody know the exact cutoff date of receiving payments thru paypal?

Anyways thanks hope we dont die out here once this is all implemented.

1. I signed up with an EIN and ⊗⊗⊗⊗ last 4 of social with no problems.

2. Not sure. I decided not to risk it and opened a businesses account with an LLC.

There is a government imposed limit on active accounts where they want to verify the checking account. I don't know how much that is but it's easy to do with a business account. When you set up your business account have them give you checks with your stealth address on them (they will still send your statements to your actual address) then just send Ayden a voided check. Super easy.

[yellowprintdirect]

Originally Posted by leighanns520

I do believe if it's a business account and using business name an ein is used and they ask for an owner name and social security number.
At 4000 I had to update info as my bank account and eBay account was not matching. I had to add my middle initial as it was on bank but not eBay. I also uploaded bank statement. Just not having middle initial on one and nit the other flagged my account for me to fix it so they both matched. Bank statement was asked for if the current name on eBay and bank was correct. I edited it and added middle initial. I went ahead and uploaded bank statement at that time as well. Everything was cleared through in just a couple of hours and was good to go once again

So as my bank & eBay completely don’t match the only way around it is to open up a business account under my eBay’s business & stealth address ? And make the eBay account into a limited company. That way adyen I assume will look to match the business name & address to the business bank.

[rsot]

Originally Posted by yellowprintdirect

So as my bank & eBay completely don’t match the only way around it is to open up a business account under my eBay’s business & stealth address ? And make the eBay account into a limited company. That way adyen I assume will look to match the business name & address to the business bank.

My bank and ebay don't match up usually - what do you mean?

[phaz0rz]

Originally Posted by rsot

My bank and ebay don't match up usually - what do you mean?

It's different in Managed Payments than it is with eB/PP.

[Lucynda]

Originally Posted by yellowprintdirect

So as my bank & eBay completely don’t match the only way around it is to open up a business account under my eBay’s business & stealth address ? And make the eBay account into a limited company. That way adyen I assume will look to match the business name & address to the business bank.

If others have been unsuccessful adding a bank account that doesn't match then that would be your only option. My LLC costs me 150 a year per LLC, but my business checking was free.