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-   -   ALL PayPal Accounts Now REQUIRE "Claim Money" (https://www.aspkin.com/forums/paypal-talk/123768-all-paypal-accounts-now-require-claim-money.html)

TheRealist 02-07-2019 01:58 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by phaz0rz (Post 976997)
Well, that gives me some hope I guess.

Wouldn't it be relatively easy to provide those tax documents since you're no longer working with a stealth account once you've upgraded?

Thats what I'm thinking. But if they ask for DOB and SSN then thats an issue..

ghostdude 02-08-2019 01:33 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by vigilantex69 (Post 976959)
Verifying it with what exactly? If it is a stealth account, the details aren't real. And yes I confirmed it with bank account and credit card so those are confirmed?

Verified with bank account, this was a seasoned account that got the claim notice.

ghostdude 02-08-2019 01:37 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by phaz0rz (Post 976961)
Accounts used to become fully verified once you added your business name and EIN. Is that not the case anymore? Do they still want a SSN even if you upgrade to business?

That used to be the workaround for becoming "tax ID verified".

YUP, thats correct. It use to be fully verified if you added a business name and EIN but....if you list slow and I mean slow then you wont have any issue. I am testing out some stuff on multiple accounts and hit no issue with it when listing slow. On another I listed fast and the account got hit right away.

treysupreme 02-08-2019 10:10 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by ghostdude (Post 977186)
if you list slow and I mean slow then you wont have any issue.

can you elaborate on how slow you mean? My account is 7 months old and I've sold $10 the first month (2 items), $20 the third month (2 items), $50 the 4th (2 items) and $220 between the 5th-6th month (3 items). I wanna get ramped up but I'm scurrrrd lol

ghostdude 02-08-2019 12:48 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by treysupreme (Post 977277)
can you elaborate on how slow you mean? My account is 7 months old and I've sold $10 the first month (2 items), $20 the third month (2 items), $50 the 4th (2 items) and $220 between the 5th-6th month (3 items). I wanna get ramped up but I'm scurrrrd lol

Thats not bad in my opinion, I think you can kick it up a little.
how many were you thinking about listing? Whats your limit right now?
Are you shipping fast?

treysupreme 02-08-2019 06:12 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by ghostdude (Post 977310)
Thats not bad in my opinion, I think you can kick it up a little.
how many were you thinking about listing? Whats your limit right now?
Are you shipping fast?

Limit is $25K. I add tracking next business day. All items delivered well before the estimated window eBay gives as well. Seller performance on 9 transactions at this point is above standard.

Well I'd like to list 1-2 game consoles or 2-3 high value lego sets ($350) a week. Either the consoles or the legos, not both.

vigilantex69 02-08-2019 07:32 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Was told by someone that one of the reasons they are not allowing you to keep or spend ANY balance in PayPal was because people were buying gold bullion and such on eBay to launder money. This is coming from a high up at a bank that has had to deal with PayPal numerous times regarding issues.

ivanicon 02-08-2019 08:08 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by vigilantex69 (Post 977377)
Was told by someone that one of the reasons they are not allowing you to keep or spend ANY balance in PayPal was because people were buying gold bullion and such on eBay to launder money. This is coming from a high up at a bank that has had to deal with PayPal numerous times regarding issues.

Is it still asking for claim it?

vigilantex69 02-08-2019 10:39 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by ivanicon (Post 977384)
Is it still asking for claim it?

Yes, ALL accounts now have this feature. My aged ones, and my newer ones. There is absolutely no way around it. They will not allow you to use PayPal to transfer funds for ANYTHING besides sending it directly to your bank account. You can't even use the funds to print shipping labels or pay eBay fees.

So far I have gotten around it by using Stamps.com and printing labels that way and uploading tracking on eBay, but I fear this is the beginning of the end.

My biggest fear is what will happen when someone files an item not as described dispute? There is no money in the PayPal account to hold or anything like that?

bjc104 02-08-2019 11:41 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
I wonder if we can have a prepaid card attached to the account for a customer refund, etc?

martyjump 02-09-2019 04:48 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by bjc104 (Post 977410)
I wonder if we can have a prepaid card attached to the account for a customer refund, etc?

You can still make purchases with a card so i would think you could refund as well. Might have to tweak PP payment preferences.

phaz0rz 02-09-2019 08:28 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by vigilantex69 (Post 977403)
My biggest fear is what will happen when someone files an item not as described dispute? There is no money in the PayPal account to hold or anything like that?

I'd guess they'll try your backup payment method which usually goes through without a problem. eBay has been pulling fees directly from my bank account on a few accounts for years.

vigilantex69 02-11-2019 03:53 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by phaz0rz (Post 977447)
I'd guess they'll try your backup payment method which usually goes through without a problem. eBay has been pulling fees directly from my bank account on a few accounts for years.

You haven't had any issues paying eBay fees with a bank account? Also, what if I paid for it with my credit card that is in my real name? I never really noticed that it offers a credit card/bank account option until recently because I always had it set up on autopay through PayPal.

Kajunrook 02-11-2019 06:29 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by nodeal (Post 976679)
I am baffled by everyone having trouble paying fees. I went through each account and I can testify to the fact that while I do have a decent amount of accounts rolling over to the "claim it" feature, I am still able to automatically have PayPal fees deducted from my PayPal balance.

Well hold on it is coming UNLESS you have a SSN attached to each of those.

phaz0rz 02-12-2019 07:13 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by vigilantex69 (Post 977920)
You haven't had any issues paying eBay fees with a bank account? Also, what if I paid for it with my credit card that is in my real name? I never really noticed that it offers a credit card/bank account option until recently because I always had it set up on autopay through PayPal.

I use either a business debit card or business bank account on our EIN eBay accounts and both work fine.

vigilantex69 02-16-2019 08:25 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Bump. For any of you making new posts. This is the original

ddm50 02-16-2019 08:52 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by treysupreme (Post 977277)
can you elaborate on how slow you mean? My account is 7 months old and I've sold $10 the first month (2 items), $20 the third month (2 items), $50 the 4th (2 items) and $220 between the 5th-6th month (3 items). I wanna get ramped up but I'm scurrrrd lol

way too slow lol

slokor 02-17-2019 12:26 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
This will now be rolled out uniformly to ALL accounts - new and old on March 29th in the form of what they have now dubbed a 'cash account'.
They discuss it in the notice of ToS update coming into effect on that date.
Theres an ongoing thread about that in which I quoted some of that they say in this update that is coming.
Heres the link to that thread:
https://www.aspkin.com/forums/paypal...29-2019-a.html
Basically no way to avoid this any longer.

Leader2dark 02-17-2019 10:17 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by pperry (Post 976647)
So far a few of mine say claim it but they let me pay for shipping labels. Lets pray it stays that way

What about ebay fees?

martyjump 02-17-2019 10:19 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
vigilantex69- When you called into Paypal to add your bank account did they ask for SSN or did they add it without much hassle?

HurricaneHuntr 02-18-2019 12:55 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by spinningtop (Post 976849)
I guess I've been doing it all wrong all these years. I assumed that paypal wouldn't like it if we moved money out of our accounts too quickly. So I always left money in paypal for a while before withdrawing it. So it wouldn't look like I was trying to get away with something. Now I know better.

Same i leave thousands in there and weekly drop 500-1k withdraws and keep at least 50% in there, so that they don't get in a tizzy, now on a few of these "collect" it accounts, it wants me to withdraw all 10k or whatever, i am still not doing that"

So as long, as you have a bank account attached, nothing is changing?

slokor 02-18-2019 03:29 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
That is the part that is unclear.
Will you be able to maintain a pseudo balance that you just havnt withdrawn yet and can ONLY withdraw? or will they force you to withdraw ALL that money out once these 'cash accounts' come into play? Guess we have to wait to find out.
I myself am not going to chance it. I will be withdrawing everything out well in advance.

phaz0rz 02-18-2019 10:46 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
I don't know how it's going to play out in the future, but for accounts that currently have "claim it" they do not require you withdraw the entire balance at once. You can still choose to withdraw a portion of the balance that you can only access by withdrawing.

That's been my experience with that one particular aspect of all this.

slokor 02-18-2019 10:57 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Yes Ive seen that as well myself.
Im wondering If that will change with this 'cash account' feature.

migleezy 02-18-2019 01:14 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
What about european accounts? I've started creating accounts in europe because of this but now Im having trouble verifying them. every vcc I use instantly limits the account

ebaystealth1974 02-18-2019 01:27 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by Moscutter (Post 979526)
it wants me to withdraw all 10k or whatever


Damn, you're playing with fire!

dmb8183 02-19-2019 10:06 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
In terms of shipping, I personally use Teapplix and it's been great. I can upload all my eBay accounts and print shipping labels through their software. No need for prepaid gift cards, and they don't share info with eBay that links the accounts (been using for 3+ years with absolutely no problems). As for the eBay fees, sorry can't help there. But Teapplix software has sped up my operations considerably. All tracking is uploaded to the eBay server with 3-4 hours, tops.

degsey69 02-20-2019 03:04 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
I use shipstation for shipping and it is great for eBay, as many accounts that you want to add.

lamberth 02-22-2019 08:04 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Does this mean I can't buy items with the money in paypal?

degsey69 02-22-2019 08:34 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
The only way to use the money in PayPal is to convert it to a business account, then you can choose to pay with the balance.

Lost in the Supermarket 02-24-2019 09:03 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by yankee (Post 976612)
I find it interesting yall are just having these problems now because ALL my accounts had it late summer and into the fall and again just after the 1st of the year.

That is great info to know. How did you handle it?

Lost in the Supermarket 02-24-2019 09:06 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by ddm50 (Post 976705)
World is ****ed up because US PayPal - the most regulated country in the world requires SSN.

Most regulated country in the world?

CAPH 02-24-2019 09:52 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
What about stealth accts with attached bank accts? Will PP required a verification process Everytime I do something? Does the stealth acct seller help me Everytime PP wants a verification? I'm going to travel To USA just to open a bank account. I don't want to spend that money just for nothing because of the " claim your money?

CAPH 02-24-2019 10:08 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Will PP require verify your info Everytime you do something? If so, how to stealth? Will the stealth account seller help you with this? I'm planning to go to USA just to open a bank acct. I don't want to spend that money for nothing because of the ' claim thing'.

Any recommendations?

rsot 02-24-2019 11:10 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by CAPH (Post 981035)
What about stealth accts with attached bank accts? Will PP required a verification process Everytime I do something? Does the stealth acct seller help me Everytime PP wants a verification? I'm going to travel To USA just to open a bank account. I don't want to spend that money just for nothing because of the " claim your money?

Try it and let the forum know - help build the knowledge base :thumb:

slokor 02-24-2019 12:53 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by rsot (Post 981042)
Try it and let the forum know - help build the knowledge base :thumb:

The guy is telling you hes making a special trip to the US to open a bank account and youre asking him to try it out and report...? How very sensitive of you lol.

slokor 02-24-2019 12:55 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by CAPH (Post 981035)
What about stealth accts with attached bank accts? Will PP required a verification process Everytime I do something? Does the stealth acct seller help me Everytime PP wants a verification? I'm going to travel To USA just to open a bank account. I don't want to spend that money just for nothing because of the " claim your money?

Having a bank account attached doesn't make the account immune to anything and certainly not to activity that paypal will consider suspicious.
All it does is make sure you can continue to operate with this new status quo of 'claim it' and the upcoming 'cash account' in place.
You still need to be careful about how you do things and how you operate the account.

Lucynda 02-27-2019 07:30 PM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by nodeal (Post 976484)
Bank withdrawal is my preferred method of taking out my money, but not being able to pay my fees sounds like a real pain. I can't imagine buying enough gift cards to keep up with all my eBay fees.

So far, though, I have a decent amount of PayPal accounts with the "Claim it" feature that still allows me to pay my fees from my PayPal balance.

I wonder if this will change as time goes on, but for now I do not believe I have a single account with the "claim it" feature that does not let me pay my ebay fees.

It's really not that hard to pay eBay fees with a debit card. I use my LLC business account. It keeps a record of the card in eBay and you can do it with 1 click.

ithelps 02-28-2019 12:25 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by vigilantex69 (Post 976482)
Ok well, it seems as though it has been made official. All PayPal accounts, now even whether it is aged, set up a certain way, or no matter what will all currently have the "Claim Money" feature or it will be coming in just a short matter of time. I had one that had a pending PayPal balance of $900.00 that all of a sudden went to "Claim It" the other day.

My last PayPal account on a 6+ year aged PayPal and eBay account just moved over to "Claim It" today. Every payment, no matter what, everything seems to go into that "Claim it" hold.

Once your account gets this feature, you will not be able to use any PayPal balance to purchase shipping, or even pay eBay fees. Let alone you cannot ever spend the balance to buy anything on eBay.

When you go to checkout and print shipping on eBay and try and pay with Paypal it will say "Error processing Payment with your PayPal account" and will go no further. It will give you the same issue if you try to pay your eBay fees with PayPal.

The only luck I have had so far is this. If you go into PayPal after you have received payment for an item, you can click "Print Shipping Label" and you can pay for it via your pre-paid gift card.

You can also do the same with eBay fees, pay with a prepaid gift card.

This has become somewhat of a pain now because I am going to have to go purchase a Pre-Paid card and put $400+ on it to cover all the shipping charges and the eBay fees. EVERYTHING has to be done on it's own as well. You cannot use the automatic fee payment feature on eBay, you will have to go manually enter in the card number and pay the eBay fees. You will have to login to EVERY payment on PayPal and use your credit card to purchase shipping labels as well and upload tracking.

So far, this seems like the only way to deal with it. Another big pain in the ass means that you cannot use your PayPal balance to buy anything ever again. The most you will ever be able to do is transfer it to your bank account and that is that.

I will keep you updated as I try and find out more. If anyone has any suggestions to make it easier please post. Can eBay see the name on any of the credit cards? What if I used one of my own personal credit cards to pay the fees and shipping rather than messing with these pre-paid cards?

Is this only usa paypal? What about other countries paypal?

ithelps 02-28-2019 12:33 AM

Re: ALL PayPal Accounts Now REQUIRE "Claim Money"
 
Quote:

Originally Posted by pperry (Post 976647)
So far a few of mine say claim it but they let me pay for shipping labels. Lets pray it stays that way

Is your paypal account linked to your ebay account?are you able to pay fees with the account too?

I only have a few paypal with claim it feature, not all too. But idk why some gets it and some don't


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