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JR AMERICAS Heli-Max Scorpion Power
GMPheli

Elite Veteran

W. Bridgewater, MA USA

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Just got this e-mail from PayPal:

We wanted to let you know that you're just $812.75 USD away from hitting your initial PayPal sending limit of $10,000.00 USD. This is the maximum amount of money you can send or use for purchases before you need to become Verified.

Why do I need to verify my account?

We place initial limits on all accounts to increase security and help prevent fraud. Once you link and confirm a bank account or get approved for PayPal credit, your account will be Verified and you'll be able to make as many payments as you like with PayPal.

My first reaction was it was wrong, but I have been a member for over 6 years so I guess it is possible. Anyway, does anyone know anyway around this? I do not want PayPal to have access to my bank account. I guess I could open an account just for PayPal but that is a pain

Thanks

07-27-2012 Over year old.
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Heli 770

rrProfessor

Lemon Grove, CA.

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I feel the same as you, I'm not verified.

07-27-2012 Over year old.
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JKos

rrProfessor

Redondo Beach, CA

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Open a new PayPal account?

- John

07-28-2012 Over year old.
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wrongler

rrProfessor

Brewerton, New York

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Use a credit card, send a money order, send a check.

Bill Whittaker

07-28-2012 Over year old.
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JPhillips

Veteran

Waco, TX

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I have a separate account that I use for all PayPal transactions. I don't use this account for anything other than online transactions. I keep a very minimal amount of money in it, just to keep it open and it's free. I transfer money as needed for purchases. I do it this way now because someone got my CC info online a couple years ago and drained my account of almost $5k.

07-28-2012 Over year old.
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fastflyer20

Key Veteran

N. Tonawanda, NY

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You trust them with your CC number but not your bank account number?

I prefer buying from verified members.

07-28-2012 Over year old.
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johnbs8

Key Veteran

roseville michigan

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Get verified. That way they know its not a scam and we know its not a scam. I prefer verified also.

TT X50
TT E700
Warp 360
Logo 550sx
TeaM KicKnWinG

07-28-2012 Over year old.
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Heli 770

rrProfessor

Lemon Grove, CA.

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Are we talking about being verified as a buyer or seller?

07-28-2012 Over year old.
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jschenck

rrProfessor

La Vista, NE.

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. I guess I could open an account just for PayPal but that is a pain
the *best* and safest way I think. Separate bank even. Keep a low dollar amount in that bank account.

07-28-2012 Over year old.
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Justin Stuart (passed)

rrMaster

Plano, Texas

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I'm verified with Paypal. But I keep a $0.00 Paypal account balance.

Avant RC
Scorpion Power Systems
Thunder Power RC
Kontronik Drives

07-28-2012 Over year old.
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jschenck

rrProfessor

La Vista, NE.

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zero payapl balance and low dollar in the associated bank account.

I have a savings and checking account. The PP account is associated with the checking. I transfer purchase money to the checking account just before the purchase. Saving account has hobby money in it and nothing else. I don't keep a lot of money at that bank just because it's electronically associated with paypal.

07-28-2012 Over year old.
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Mike Fortin

Elite Veteran

USA

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PayPal is safe, been with them for 9 years.

Have Rotors, Will Fly!

07-28-2012 Over year old.
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bart2546

Veteran

Canal Winchester, OH - USA

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Use PayPal all the time. Really have no complaints with them. Do become verified. It's not hard and it's worth it. I immediately get cautious if someone is not verified. Too easy to set up an account and have it sent to some bogus address only to pick it up and say you never got it.

Regards, Brandon Bartolomucci; Team Synergy; Team Scorpion; & Team Bavarian Demon; AMA# L939231

07-28-2012 Over year old.
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GMPheli

Elite Veteran

W. Bridgewater, MA USA

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I don't want to give them my bank info because supposedly if someone disputes something you sell, PayPal can lock down your bank account. This is why you have to have a separate account. And yes I trust them with my credit card info because I can always dispute any problems with the credit card company. I guess I will just have to open another bank account

07-28-2012 Over year old.
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balsapro

Veteran

Gallatin,TN

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I don't think they can actually do anything to your bank account... but they can lock down is your PP account and any money on there books.

for money to be transferred from your bank you have to authorize each transaction.

Build the Best, Fly the Best, Crash the Best

07-28-2012 Over year old.
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hootowl

rrProfessor

Garnet Valley, Pa.

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I've been using paypal for prob 15 years. No issues overall and been verified since day one.

Wolves don't lose sleep over the opinions of sheep

07-28-2012 Over year old.
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ThumbBumper

Veteran

A little to the right and down!

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If they were to tell me that crap, I'd tell them to stick the account!

I see no reason other than for their benefit why I would have to be verified!

Funny, but if enough people stood up to their nonsense, it would probably stop....

If it ain't broke, go fly some more!
http://facebook.com/groups/TORCHS/

07-28-2012 Over year old.
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Havoc

Elite Veteran

Ky.

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Wait... I'm not a paypal wiz and this might be a legit email. But I wouldn't trust that email. You should go to the paypal site and click from there if you really want to get "verified". Not click on an email that might send you to a spoof site. I get fake paypal emails and "warnings" often and I barely use the service.

07-28-2012 Over year old.
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hootowl

rrProfessor

Garnet Valley, Pa.

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Here's where mine is so they do impose limits if you don't provide certain info.

Everybody wants everything for free. Paypal provides a service that they make a living off of. If it's a problem then I would suggest you don't use it.

Wolves don't lose sleep over the opinions of sheep

07-28-2012 Over year old.
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jadams

Key Veteran

Tioga County NY, USA

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I have mine linked to a "junk" savings account. Only used for paypal and not associated with any other accounts.

07-28-2012 Over year old.
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