Apparently I have now paid for $10,000 of purchases through PAYPAL and they are asking for my bank account number in order to “verify” me (after only ten plus years of doing business?????).

I will not under any circumstances be giving my bank account information to PAYPAL or anyone else.

I could always play games and use a different e-mail address and a different credit card but why should I do that when I am the customer???? And a very good customer at that.

I have over 1000 EBAY transactions over the past ten plus years. However, I will now just switch over completely to AMAZON.COM, since they seem to be glad to get all the business that they can get.

In my opinion, AMAZON also has a much better system for dealing with returns and any problems that may arise when you purchase something on AMAZON.COM.

Oh like that makes me more verified than the AMEX card I’ve been using with Paypal for the past 8 years!!!!

This is not a responsible thing done by PayPal, it’s an bald faced attempt to get more of your money. I pay my card off every month, so I never pay a fee. It’s a cashback card, so I save a percent every purchase. And I agree with Rob, I will make sure it costs PayPal on every purchase by using the credit card.

I’m waiting for a response from Scott Thompson (CEO) about the underhanded methods they are using. I’m sure he’ll be getting right back to me. lol. The $10K limit is not disclosed anywhere when you create your account, and claiming that they are “verifying” you are who you say you are after 3 years of using your account without a problem, is a pile of crap. I’d quit using them except they are the only show in town if you don’t want to be shipping your credit card number overseas. Plus it’s more satisfying to cost them money by taking the time and effort each transaction to use the credit card and let them incur the fees.

I only had my cash back cc listed on Paypal until they notified me during a recent transaction that I had hit a $10,000 limit which alarmed me at first as it made me think my current transaction of $80 was being seen as alot more. After checking the Paypal account on a fresh page, it informed me I need to verify account by supplying a bank account or applying for a pal plus mastercard. I did the mastercard and now it is primary and I cannot switch the primary back to my cc, but I am allowed to select it during each transaction. What an underhanded attempt to re-route my purchasing preferences. My credit rating is excellent and I refuse to publish my bank account numbers to ANYONE. I do trust my cc company as they have proven to me personally that they monitor my account with MY best interests in mind, providing a very high level of protection. Need an alternative to paypal, but being ebay owned, I doubt that will happen.

Paypal is just trying to save the merchant fees, as noted in some comments above. I find it annoying – of course I don’t want them to charge my bank account immediately if I can also pay through my CC and not only get one month of grace period (time value of money) but also cash back.