ALL PayPal Accounts Now REQUIRE "Claim Money"

[leenie]

The person who started this thread wrote it in the first paragraph on page 1 I believe.

[hawkeye3211]

I just had one my "claim it" account automatically pay the ebay fees which is great

[ebaystealth1974]

I always pay my fees with a cash back credit card. Not sure why people have such a problem with this.

[phaz0rz]

Originally Posted by ebaystealth1974

I always pay my fees with a cash back credit card. Not sure why people have such a problem with this.

There are many kids and non-Americans here without access to such things, I guess.

Also, to be fair, it'd be a PITA managing 20 cash back CC's for 20 accounts.

[ebaystealth1974]

True.

Mehh... that's what virtual numbers are for.

[monstermaash]

I dont know about you guys but my "claim it now" just turned into "accept the money".
Is this happenning to any one else and what does it mean?

[ithelps]

Originally Posted by monstermaash

I dont know about you guys but my "claim it now" just turned into "accept the money".
Is this happenning to any one else and what does it mean?

What happens when you accept the money?

[SaiJin]

It stays in the PP balance and you need to add a bank account to claim the money...

[Lost in the Supermarket]

Originally Posted by nodeal

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.

Goes into effect March 29th, Einstein.

[Lost in the Supermarket]

Originally Posted by TheRealist

Does anyone know what they request when you go to confirm info?

I wonder if you could hit the "Confirm Info" button and see for yourself?

[Lost in the Supermarket]

Originally Posted by vigilantex69

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.

When ebay is pulling funds from your bank account...are they really trying to get it from paypal but since the balance won't cover it, paypal pulls from the bank?

[Lost in the Supermarket]

Originally Posted by Lucynda

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.

Great.

Anybody know if you can pay several accounts (ebay fees) with one credit card? I really don't want to go out and get 9 prepaid cards and keep that straight in addition to all the other stealth stuff to track.

[Lost in the Supermarket]

Originally Posted by slokor

Its actually 200/$20,000.
And it applies to personal accounts only. Once you reach that limit they require you to upgrade to a business account.

Not sure this is correct. At one time you could not continue to receive payments if you hit either 200 transacti8ons or $20 in sales. You would receive one warning at 175 (my amounts are low) and a second at 195. Then PP would shut you down until about Feb of the following year. I would just change my payment address and use a diff pp acct for the next 195 transactions. In a couple cases rotating 3 PP accts in one ebay acct.

What I think is incorrect is your statement that they require you to upgrade to a business acct. I don't think so, they just require verified info for tax reporting purposes after the limitations are met.

[phaz0rz]

Originally Posted by Lost in the Supermarket

When ebay is pulling funds from your bank account...are they really trying to get it from paypal but since the balance won't cover it, paypal pulls from the bank?

That's one possible scenario.

Or if you're paying via ACH on eBay, eBay will pull all fees straight from your bank account.

Or if you're paying fees through Paypal and you select your bank account as the funding source rather than your balance, it will pull all fees from your bank account.

I'm really not sure what you're asking.

[Lost in the Supermarket]

Originally Posted by phaz0rz

I assume that would be an easy link for eBay to make. Same card on 9 accounts is as obvious as it gets.

My plan, since I already have 10+ bank accounts from the past few years of stealth, is to start using all my personal + business debit cards for fees.

Yeah, me too. Ebay allows a person to have two accounts. I have 3 people on my credit cards. Theoretically I could have 6 accounts off one credit card.

What I thought I saw was that someone (ebay?) won't let you use prepaid cards for fees or shipping. If that is correct...???? If it is wrong, I guess I just have to stock up on cards and keep those organized too.

[phaz0rz]

Originally Posted by Lost in the Supermarket

What I think is incorrect is your statement that they require you to upgrade to a business acct. I don't think so, they just require verified info for tax reporting purposes after the limitations are met.

His wording was wrong but I'd like to think the guy who sells the most PP accounts here understand how it works, lol.

Should've said "they require a tax ID", not "they require you upgrade to business account".

[Lost in the Supermarket]

Originally Posted by phaz0rz

Can't answer that one because I haven't tried recently. There have been a lot of threads here recently about eBay rejecting prepaid cards so I don't know what their current policy is on prepaid cards. Last time I tried was about 2 years ago and it worked fine then using a vanilla card for fees.

"Theoretically I could have 6 accounts off one credit card."

Your card still only has one unique card number, so I wouldn't recommend even trying what you're thinking about. If you do though, by all means please let us know how it goes.

Since me and my address are "banned for life" from ebay selling, I won't be trying it. I am surprised ebay hasn't gotten involved in how this will go down. Their fee payments will surely suffer. Money is money and as far as I know, they are not being regulated in laundering control. I don't know why they would not accept money from pretty much any source.

[monstermaash]

Originally Posted by ithelps

What happens when you accept the money?

mm same as usual. i was able to withdraw to bank.

[digim0n]

Originally Posted by vigilantex69

She said they are removing bank accounts and personally "verifying" them now...

Could you elaborate on what exactly they mean by "personally verifiying them" now?

I've been trying to add a bank account (wf) for some days now and it just keep saying error and won't let me do it. Are we not able to add bank accounts to stealth accounts any longer or am I missing something? This happened to me with 2 unlinked accounts.

[kk4356]

Hi it is only for USA from Europe there is never think like that and no one ask you for SS just when you reach 2500$ id and proff of adress and that is all.

[Mr.G]

So after reading the thread it seems if you withdraw the funds to a bank account and have eBay fees paid by t he bank account you wont deal with the "claim it" scenario ?

[slokor]

Originally Posted by Mr.G

So after reading the thread it seems if you withdraw the funds to a bank account and have eBay fees paid by t he bank account you wont deal with the "claim it" scenario ?

You pretty much minimize the impact on your account by doing thing that way.