Byard Without verified accounts you can not sell on ebay. they got their hooks in you one way or another.
Gary Smith Byard Miller wrote: > >They want your bank account number. to buy or sell on ebay they now > >require in addition to a credit card a bank account.Opened a bank > >account just to have a number for them $10.00. you have the option of > >paying by credit card or debit your bank account. Selected credit card > >two times. Both times they tried to debit the bank account. two $20 > >charges for lack of funds. Called PAY Pal they can not do a change to > >the credit card until they submit the bill two more times to the bank!!! > >Then it will default to the credit card account $120 in charges unless i > >allow them access to the account. Was very careful the second time to > >insure that I specified pay by credit card, still they went to the bank > >account. They have a number but they will never be more than the min > >amount in it. after you reach a specified amount you can not buy or sell > >on ebay without a bank account number. they call it being verified. I > >call it BS! > >Gary S > > Gary... > > PayPal is another money maker that eBay jumped on. Huge amounts of > money are transferred on an ongoing and delayed basis. Money market > interest earned plus extravagant fees charged to merchants put piles > of money into their pockets. Their payment screen can be quite > confusing in that they do try to default you to bank account > debits...they cost them less than credit card transactions...hence > larger profits. > > I accept PayPal payments at Line's End only because so many people > prefer that payment method. Folks seem to show less concern about > giving PP their credit card info than to give it to a company like > mine that they may not have done business with in the past. I would > love to bail out on PP, as their fees are close to double what I pay > to my MC, Visa, Discover processor...but because of PP's popularity I > hesitate. > > PP account verification is actually an important aspect of PPs > structure in that it is one more assurance of reliability for both > buyer and seller. Although I've never been burned, I always give > pause when asked to accept funds from an unverified user...especially > from those overseas. > > My suggestion for you is to immediately report your credit card as > lost or stolen so your bank will issue a new one and PP will not have > that new account number. After that you can cancel the bank account > that you opened for PP purposes and then you can tell PP to go pound > sand...;^) > > Good luck...let us all know how you make out. > > ...byard > -- > > Byard Miller > Line's End Inc <http://www.linesend.com> > Virtual Flybox <http://www.virtualflybox.com>
