I'm not a paypal seller, I'm a buyer. I fell for their pitch to
register my account and gave them my bank account information. I
didn't have to, it's true, but I didn't read the fine print -- which
is on a different page -- my mistake. It is also true that after
that you can still choose to pay through a credit card. But, you
have to jump through hoops to do so. And they do make immediate
withdrawals from ones bank account. I know that since it has
happened to me more than once. I am not giving misinformation and I
object to the assertion that I am! Nor was I suggesting that paypal
was responsible for bogus emails. On the contrary, I suggested that
one should not respond to emails purportedly from paypal. Please
read your emails throughly before responding with nonsense.
Having said all that, I think paypal is a marvelous way to pay for
purchases on the internet. It's up to me to decide whether I want
to pay through my credit card or my bank account. And, some sellers
will only accept payments from "verified" accounts, I think. But,
I'm sure that Mr. Davis will correct me if I'm wrong. He seems to be
always ready to do so.
Sorry if I come across as too indignant or outraged for the list.
R.
Roger Eichhorn
eichhorn@xxxxxx
On 25 Oct 2005, at 17:32, James B. Davis wrote:
On Tue, 25 Oct 2005 08:09:54 -0500, Roger Eichhorn <eichhorn@xxxxxx>
wrote/replied to:
Second, PayPal will try to get you to register a bank
account with them so they can immediately make a deduction from your
account when you make purchase. If you do, you'll miss whatever
protection you get from your credit card.
As I said, you don't need to join Paypal and register any account. You
can simply pay with your cc using Paypal.
If you do register and setup your bank account, you become a verified
member. Paypal does not make any withdrawls from your bank account
when you purchase. Charges are made to the merchant selling. I know,
I'm a Paypal seller.
Please stop posting misinformation regarding Paypal. The fact it that
Paypal actually deposits money into your bank account to verify you.
And as to the bogus emails, that has nothing to do with Paypal, but is
simple scammers trying to make free money. They do the same with the
banks. I think this stuff has been snuffed though, I haven't got any
of those for a long while.
As always, login to your bank or Paypal before giving any information.
Do not click on links in emails...
--
Jim Davis, Owner, Eastern Beaver Company:
http://easternbeaver.com/
Motorcycle Relay Kits - Powerlet, Posi-Lock
I'm a BMW rider and enthusiast.
