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Thread: PayPal making various obnoxious changes in April 2018

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    Owner Dan Druff's Avatar
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    PayPal making various obnoxious changes in April 2018

    Read 'em and weep: https://www.paypal.com/us/webapps/mp...-policies-full

    Among the bigger changes:

    - Business accounts will now be paying 1% to transfer PayPal funds to a debit card

    - You used to be send money from your PayPal balance to other countries for a very reasonable fee -- a small percentage of the transaction. So, for example, when someone from Germany would win the freeroll for $50, I could send them the money for about 50 cents fee (which I would just eat). Now it's going to be a flat fee of $2.99-$4.99, no matter how small the transaction. Ugh.

    - You will need to "verify identity" with PayPal before purchasing anything or sending money to others. This might make it a lot tougher to create new accounts when your old ones get banned/restricted. At the very least, it will be a pain in the ass to establish new accounts.


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    Diamond hongkonger's Avatar
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    I guess Peter Thiel needs more money for his stupid floating libertarian utopia.
    HILLARY WON

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    Venmo and Crypto ftw

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    Serial Blogger BeerAndPoker's Avatar
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    Quote Originally Posted by Dan Druff View Post
    - You will need to "verify identity" with PayPal before purchasing anything or sending money to others. This might make it a lot tougher to create new accounts when your old ones get banned/restricted. At the very least, it will be a pain in the ass to establish new accounts.
    For the purpose you describe about creating a new account because your account got shut down I agree if it's for someone like yourself but most of the time people are doing something shady as hell so they are protecting customers and themselves with this option in many ways.

    As for anything adding more fees obviously I like everyone am against that.

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    Gold MrTickle's Avatar
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    How can $2.99-$4.99 be a "flat fee"? That's a range...

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    Platinum thesparten's Avatar
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    I have a paypal prepaid debit card link to my paypal account so i can instantaniously transfer funds between card and paypal account.. I use it for notging else..

    Will i have to verify my paypal account??

     
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      OSA: cant sell crack through paypal anymore

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    Gold Shizzmoney's Avatar
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    Quote Originally Posted by chinamaniac View Post
    Venmo and Crypto ftw
    Well, more like just Crypto....esp for gambling purposes. PayPal bought Venmo in 2013, and once they started cracking down on high volume shippers, kinda ruined everything.

    Dude who runs the cash poker game near me used to take and payout in Venmo...but he had to ax that and now does BTC lol
    http://www.miraclecovers.com

    "Donk down, that’s what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online

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    Plutonium simpdog's Avatar
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    You sure it's April?

    Just paid it today.

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    sounds great for crypto.

    too bad FTP isn't around any more - you know they would swimming in it right now.

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