Forum

Originally Posted by slokor (Post 907335)

Ok so now they'll be asking for the SSN, DOB, a bank account, statement of said bank account, verification questions and a prostate exam. Am I missing anything? This is ALL speculation. All of it. the simple fact is none of us know exactly how this is going to be done so panicking right now is pointless.
And to counter what you said - The SSN and DOB can easily be bought online. Using said SSN and DOB and any number of public database companies that provide their services for $9.95 per month one can find pretty much all the info necessary to pass said verification questions. A bank statement can easily be photoshoped. The prostate exam will need a special template - Im sure one can be arranged.
Did I miss anything?
Point is - where there is will there is a way and if nefarious elements want to avail themselves of paypal's services they will be able to do so no matter what security measures/obstacles are placed in their way.
Im not in denial. I just dont see the point in wasting all this time on something that we simply dont know enough about. When this feature rolls out and we actually know what we're dealing with ill get to work on a solution. Right now youre working on a solution to a question that has way too many variables and not enough data.

Originally Posted by ebaystealth1974 (Post 908098)

^^^ From reading some of your posts, I'm not sure how you kept them THIS long.

Originally Posted by phaz0rz (Post 905784)

Paying a supplier with PP adds 4-5% to your total and tells Paypal exactly where your inventory comes from. Definitely not the best way to use PP funds.

Even still, it's not hard to add a VBA. Yet.

Originally Posted by donkeykong2012 (Post 909489)

Here is an update for all you US guys....

https://www.ecommercebytes.com/C/blo...521773297.html

Originally Posted by empirestate (Post 909497)

OMG We're all f*cked
__________________
Numbers for SMS Verifications
Setup multiple portable Firefox
Use Paypal correctly
Add NEW PP to eBay
Clean photos
Bulk resize images

Originally Posted by Mr. Invisible (Post 909528)

Correction! These people are screwed...

1. The pump and dump crowd
2. Those cashing out by shifting money to other paypals with banks attached
3. Those cashing out by buying BTC
4. Non US citizens/residents operating US accounts remotely

That being said, Vanilla visas for every ebay account to pay fees are going to be a royal pain in the ass.

Originally Posted by Hercules (Post 909541)

"The changes impact customers that hold balances in their PayPal account. We don't release those numbers. These changes will not impact all users, but ONLY U.S. users who wish to send money to third parties or make purchases using PayPal balance."

Originally Posted by phaz0rz (Post 909542)

This part is a given.

But if you have to start verifying your identity before you can add a bank account, the traditional method of buying a stealth account and later upgrading to business will be a lot harder if not impossible.

I've been banking on my LLC/CA accounts surviving this update. Let's hope that's the case.

Originally Posted by yankee (Post 909557)

I was reading that the list of eligible banks and credit cards is going to get pretty small. I know I cant add local banks and credit union debit cards.