Hi Lou.  Thanks for your post.  I need to make a clarification here, though -- 
I 
am not talking about a *notice from Paypal to update my account information*.  
I, too, have received those scam emails, and I simply delete them.

What I am talking about is a legitimate email from Paypal telling you that you 
are approaching your ten thousand dollar spending limit.  If you follow up on 
this email by going to Paypal (never through a link, but by regular internet 
access), you will see the same information on your Paypal account page.  And if 
you call Paypal by phone to inquire about this, they will tell you that this is 
correct -- that you have to verify your identity (because you have never come 
into their office and filled out an application form, etc. -- why would I need 
to do that?)

My argument is that I've been doing business with Ebay and Paypal under the 
same 
name, address and phone number, and the same credit card number, for many 
years.  If I wasn't who I say I am, wouldn't there have been a problem by now?  


My opinion -- they're asking for information that they're not entitled to, and 
do not need to know.  If you haven't encountered this problem yet, you will 
when 
you reach their thresh-hold of ten thousand dollars.
MA  




________________________________
From: Lou Kraft <[email protected]>
To: [email protected]
Sent: Fri, October 19, 2012 4:58:18 PM
Subject: Re: Paypal, was Re: CS>Info Silver wire


I would like to give all a heads up.  I too received a notice from PayPal to 
update my account information.  When I called PayPal they told me that no such 
notice was ever sent by them.  They informed me that any PayPal emails to me 
email would start with 'Dear My Name".  The email I received was "Dear PayPal 
Customer".  

Be aware anytime someone tries to extract personal info online.  Asside from 
the 
intro, the email look official as hell.  Lou


On Fri, Oct 19, 2012 at 12:51 PM, sol <[email protected]> wrote:

I had no idea..........and no idea how close I am to the limit. Most places I 
shop online take my credit card directly, so my transactions thru
>paypal credit card processing are limited, and what few there are are mostly 
>ebay purchases. Ebay has been forcing people to use paypal by one means or 
>another for years.
>sol
>
>MaryAnn Helland wrote:
>
>Yes -- but..................
>> Paypal has a policy where once you reach a ceiling of ten thousand dollars 
>>having been spent through Paypal -- even though they are servicing your own 
>>credit card -- they require you to *confirm* your identity by providing them 
>>with your bank account numbers.
>> That's not happening!  And I'm close to their arbitrary limit (having used 
>>Paypal for years for Ebay and other online purchases) -- so I don't know how 
>>I'm 
>>going to conduct business in the near future.  Paypal has no business asking 
>>for 
>>my banking information since they are not lending me money.  They are 
>>performing 
>>a for-fee service.  So -- be careful out there.
>>MA
>>
>>------------------------------------------------------------------------
>>**
>>

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