RIP Paypal

I don't see what the big deal is. Any pp payments I get I withdraw to my checking account and any payments I make are taken from my checking account also. Only difference I see is that I cannot use my balance to send payments. Have to withdraw first.
 
Nothing changes for me, in Europe it was normal.
The true RIP Paypal is divorse with Ebay and treating sellers.
 
On top of what other users are saying about genuine PayPal accounts, I would like to praise PayPal for allowing me to open another account with the same details (although I changed the last letter of my first name but I believe they knew and know who I am) after my first account was perma banned. Till now, I have had zero problems with them, except for the high fees though.. PayPal is great if you are good with them.
 
I also don't see a problem with this. Less frauds.

Also, I want to withdraw funds anyway.
 
Anyone whose a terms of service abiding citizen should not worry about this at all.
 
I don't want to offend any fellow BHW members, but it seems, some of you have a hard time understanding what's in the OP. If you have a verified account, nothing changes, the PayPal balance will function the same as it functioned before. The change only affects the unverified accounts, which weren't really usable without verification anyway. If you tried to receive or send money/purchase something with an unverified account, sooner than later it got limited and asked for verification. I don't get what's the big fuss unless they strictened the verification process.

The only mention-worthy change is the fee increase for FnF payments, but that is old news too.
 
I don't really see a problem here. Seems like it's better for everyone who uses for Paypal for actual businesses.
 
1) Stealth accounts are downright illegal in EU and USA
2) PP balance is fine, no changes.
3) You can open a LLC or other company and open accounts for them legally.

Thanks for clearing that up re:pt2 . I did think it would be a dumbass move to cease storing funds in PP balance but ya never know these days.
 
No RIP PayPal, just scammers purge.

beside the FNF Fee, everything sounds good.
 
Well, I stopped using paypal for a long time ago now so...
 
1) Stealth accounts are downright illegal in EU and USA
2) PP balance is fine, no changes.
3) You can open a LLC or other company and open accounts for them legally.
4) You can buy docs to create stealth (merchant) accounts
 
If they are really moving the balances, what would they do with accounts in countries where no bank support paypal like mine ?
 
I don't see any reason for that RIP title. Unverified accounts were useless anyway. You couldn't do anything with them. The only thing that's bad is that fixed fee on transactions they are implementing.
 
I was never able to use balance anyway, that's their policy for my country, although my accounts are verified.

I always had to withdraw to debit card and always had to pay with it.
 
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