Originally posted by: dman
Originally posted by: arcas
Simms - Is this a common occurrence? I've yet to verify my paypal account but was planning to set up a separate checking account with a near zero balance largely because I don't trust paypal to have access to my other bank accounts. But if sellers typically bar people from paying via CC once they've verified themselves with a working checking account, maybe I won't bother. When I reach the $2000 limit, I'll just close the paypal account and go back to sending checks through the mail.
There's no financial reason for a business seller to block a credit card payment; paypal charges the seller the same fees whether or not the payment came from the buyers credit card or bank account. The only sellers who'd benefit are personal accounts that don't allow creditcard payments anyway.
As far as seller/buyer protection, I guess the non-creditcard payment may be slightly safer but if you follow the rules paypal puts out, there's not much difference.
Man, $5xx to see the game.... 19" High End LCD or Football.... hmmmm....