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Old 12-07-2010
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Default Walmart Money Card (GE Bank) and Paypal problem

I have post this last week but don't know why the thread was moved and disappear.

Here is the problem.

I have a stealth PP account with walmart money card (GE bank) as a bank account and verified. I did withdrawn 4-5 time already and the amount from $50 to $100 no problem. Until last week, just after did the transfer and I received this email
HTML Code:
Dear XXX YYY,

As a security measure for PayPal customers, we randomly verify account
information. During a recent review of your account it was determined
that the bank account you have listed is actually a prepaid or stored
value credit card. Stored value or prepaid credit cards can only be used
through PayPal as a credit card and cannot be added to PayPal as a bank
account. Therefore the card that you added as a bank account has been
removed.

If you would like to add a bank account to your PayPal account, please
follow the steps below:
  1. Go to the PayPal website and log in to your account.
  2. Click "Profile" at the top of the page.
  3. Click the "Bank Accounts" link in the "Financial Information"
column.
  4. If you already have a bank account added, click "Add."
  5. Under the "Add Bank Account" heading, enter the bank account
information
         o Select whether it is a checking or savings account
         o Enter routing number. Please note that a savings account
routing number may be different than the checking account routing
number. You may wish to verify the routing number with your banks
customer service department
         o Enter and retype the full account number - if there are any
zeroes in front of the account number, it is important to include them.
  6. Click "Add Bank Account."
After your bank account has been added, PayPal will send two random
deposits between $0.01 and $0.99 to your bank account. These deposits
will be at PayPal's expense and will arrive in your bank account within
3 to 5 business days. To confirm your bank account, you must find out
the amounts of these two deposits, by calling your bank's customer
service or checking your bank statement.

To confirm your bank account, follow these steps:
  1. Go to the PayPal website and log in to your account.
  2. Click "Profile" at the top of the page.
  3. Click the "Bank Accounts" link in the "Financial Information"
column.
  4. Click "Confirm."
  5. Choose the bank account you wish to confirm and click the
"Confirm" button.
  6. Enter the two amounts.
  7. Click "Submit". If the amounts are correct, your bank account will
be confirmed.

Sincerely,
PayPal Account Review Department
PayPal, an eBay Company
And the walmart money card was removed from my PP

Anyone having the same issue?

Thank you
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Old 12-07-2010
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Paypal Extras Mastercard is also through GE Bank, so that might have something to do with it, but I am not sure.
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Old 12-07-2010
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Default

Several people have reported this lately. It's best to use a real bank as they are slowly removing prepaid banks like the Walmart Money card.
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Old 12-07-2010
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I'm running out of bank :-)
Quote:
Originally Posted by lakeman View Post
Several people have reported this lately. It's best to use a real bank as they are slowly removing prepaid banks like the Walmart Money card.
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