Paypal has been a very convenient method of payment for me for a few years (seems like a few yrs) (both for paying and receiving funds).
I just received a notice that I cannot receive funds from accounts that are funded with a credit card since I have a personal account (free). If I upgrade to a premiere or business account - then I can receive these funds but I will also be required to pay a charge for transactions.
This appears to be a very recent change in their policy but, as usual, I cannot locate information on their site that provides details of a 'change in policy'.
I have been reluctant to provide them w/ my bank account information given the people I hear about who have had difficulties with their service (would hate to find out that Paypal emptied my bank account and then I can't even get anybody to answer a phone (Visa people answer the phone)). For me - this reduces the usefulness of the Paypal service by about 98%...
- are people aware of this change (and I'm just the last to know?)?
- are people giving Paypal their bank info or leaving things alone or...?
- are their alternatives to Paypal?
I just received a notice that I cannot receive funds from accounts that are funded with a credit card since I have a personal account (free). If I upgrade to a premiere or business account - then I can receive these funds but I will also be required to pay a charge for transactions.
This appears to be a very recent change in their policy but, as usual, I cannot locate information on their site that provides details of a 'change in policy'.
I have been reluctant to provide them w/ my bank account information given the people I hear about who have had difficulties with their service (would hate to find out that Paypal emptied my bank account and then I can't even get anybody to answer a phone (Visa people answer the phone)). For me - this reduces the usefulness of the Paypal service by about 98%...
- are people aware of this change (and I'm just the last to know?)?
- are people giving Paypal their bank info or leaving things alone or...?
- are their alternatives to Paypal?