Re: Has anyone created a stealth paypal cash account?
I got the dreaded e-mail tonight...it has the registered stealth name (not mine) and, in a real violation of what I thought was their policy, a link to a logon page (a favorite tactic of phishing attacks). I logged on instead without the link but don't see the "Notifications" area they referenced anywhere.
The account is a business account, about 12 years old now, and if I read the e-mail correctly they're saying I can either supply (unspecified) identity info by 6/13 to keep doing things like automatic payments or paying for eBay items, or not provide the info but still be able to transfer out to a bank account or pay eBay fees with it.
So it SOUNDS like if I don't give them the info they won't let me buy eBay or outside-eBay items using it, though I could still do those via some linked card or something (maybe reloadable?)
I really resist giving them something like an SSN. This is an area where we need government regulation, as the problem with data collection of this sort is that data can be used for other, unauthorized or even unanticipated purposes once it's out there. They could just decide to pull a credit report, for example, even though that's none of their business. PayPal is asking for a level of trust here that I don't believe they've earned.
Also, if they're doing this to CUSTOMERS then I can see some balking and only potential negative effects, as even a small percentage of runoff is that much less. Which would shoot eBay in the foot. Oh, well, I needed to curb my own buying on eBay anyway. Could an unintended consequence be more runoff to Amazon? Or will everyone have to offer the new-payments-experience on eBay? I don't see anything positive coming out of this.
Last edited by ploughman; 05-15-2019 at 02:23 AM.
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