Well peter, someday when they shut down you account for absolutely no good reason then ask you for bunch of personal information that could set you up for identity theft you may feel differently.
Her is the whole sad story. My wife and I became Paypal members very early on in the program We had been doing business with them with no problems for over two years. One day out of the blue I get an email stating that our account had been "Limited". Basically that means that you can't do anything with you account. I called, and they told me that an internal audit had reveled that we had committed the most heinous crime of have both my wife's, and my names on the account. I pointed out that all of the funding for our account has both names on it, and asked why this had suddenly become a big deal after 2.5 years. They said that the rules state that an individual account must have only one name on it. After we discussed it my wife and I decided to drop my name off the account. No big deal right. Wrong, that wasn't enough for them. They asked us to send them a copy of my wife's drivers license. This seemed strange since she is the same person they had been doing trouble free business with for 2.5 years but we went ahead and did it. Then we waited for the account to reopen. After a week or so I called again. This time they said " We need more information." Now they asked for a copy of our latest bank statement showing account activity. Not just the cover page. They want to see the transactions. I was totally against doing this but my wife talked me into it. Now they have our bank statement and my wife's ID, and I am starting to be a bit concerned about who is looking at these things. Now we wait a few more days and I call again when the account is still not open. "We need more information." Now they want a copy of a recent utility bill showing my wife's name. You have got to be kidding me, I say. I have already provided them with far too much information, I say. I tell them about my concerns regarding identity theft. They say, If you want the account opened you must send the document. I tell the that at this point I want the account closed for good. They say, We cannot do that until you send us the information to reopen the account. I tell that if they don't close the account I will take legal action. This goes on for several minutes until they switch me to a supervisor on duty. I argue with him for several minutes until he decides I am dead serious about filing a complaint with every government agency I can think of. Finally the agrees to close the account. This was and will be my last dealings with this ridiculous company. Now you know "The rest of the story" I hope that this never happens to you. It is a month long nightmare. Fred ----- Original Message ----- From: Peter Fraser<mailto:[email protected]> To: Antique Phonograph List<mailto:[email protected]> Sent: Friday, February 25, 2005 8:02 AM Subject: [Phono-L] paypal and ebay, was Re: eBay Scam Listing I'm interested to hear why anyone would say this. A free service that saves me the effort of finding an envelope and a stamp, accurately addressing the envelope, writing out a check, and going to a post box...plus the week for it to get to the seller, and the week some sellers "need" for the check to clear (or worse, those that require a postal money order, which requires a 20 minute wait in line at my post office) - what's not to like? Perhaps those who criticize it ought to try it before doing so. It's **extremely** convenient, which is why it's such a success. Users are only charged when they add credit card capability to their account - just like any other credit card fee - but for everyone else, it's free. So where exactly is the "corporate greed" in that? On Feb 25, 2005, at 5:25 AM, someone wrote: > Paypal has always been nothing other than an insidious example of > egregious > corporate greed. I have never used it and never will. A convenience? > HA -- Peter [email protected]<mailto:[email protected]> _______________________________________________ Phono-L mailing list [email protected]<mailto:[email protected]> Phono-L Archive http://www.oldcrank.org/pipermail/phono-l/<http://www.oldcrank.org/pipermail/phono-l/>
