Re: Paypal Policy Update for March 29, 2019 Quote:
Originally Posted by phaz0rz What protection?
It's a loophole that needs to be closed, really. The shadiest of the shady sellers are using it as an obfuscation technique. Also makes it that much easier for non-US sellers to abuse US PP's and make things harder for us in the US. | I definitely see that point.
Let me just play devil's advocate
The good guys who were using that loophole won't have it while the "shadiest of the shady sellers" and non-US sellers will just be using fullz on darknet to verify and quickly move the money with whatever techniques criminals can get away with.
I personally liked having stealth buyer accounts just because it let me spend my money with paypal like a prepaid debit card. Some folks don't like the government having all eyes into their purchases ( idk maybe for bs paranoid reasons.I don't judge) You could use create many paypals easily and use them with merchants to double dip on coupons, promos, and savings. Okay maybe you think that's shady but I think some small entrepreneurs love taking advantage of grey areas. You might be thinking just get a prepaid debit card , however a vba verified paypal for spending was way more powerful and all merchants trusted it. It also offers buyer protection in disputes and by having more than one buyer account which won't be allowed with your one ssn, you can prevent a merchant from blocking you in case that is an issue in some weird circumstances.
I get it though , it was too good of thing and it got abused. It makes sense from their perspective getting rid of it. Too much of a liability and obfuscating as you said.
It's over and time to recalculate for anyone affected by it.
Last edited by thepianoman; 02-28-2019 at 12:15 AM.
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