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Why do we need another thread to discuss this :D..If you must know, paypal is not loosing anything here..Those cards are created/marketed by incomm..
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Originally Posted by nwflyboy
(Post 20211059)
Where exactly are you seeing this error?
Identity Verification Failure Sorry, we are unable to verify your identity using our National database. Please go to www.paypal.com, log-in to your account, and visit the "Resolution Center" to complete this process and fulfill the manual documents requirements. Once we are able to confirm your identity, you will then be able add money to your PayPal account. In the event where we are unable to verify your identity you may request a refund via the My Cash website. Click here to request a refund. |
My reply is based on some of my experience consulting in retail, but its all VERY speculative....
My theory is that PayPal / Vanilla / etc pay the retailer $480 for a $500 reload - i.e. they are losing the $20 expecting to make it up on transactions, such as the 0.50/ca that MVD card charge. That way, PayPal/Vanilla are the ones that lose when we instantly liquidate the cards |
Originally Posted by sgideons
(Post 20212001)
Immediately after logging into paypal.com/cash using my normal Paypal login credentials. The redirect is to https://www.paypal-cash.com/redirect_main.html and the error is:
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Originally Posted by alexx
(Post 20212152)
My reply is based on some of my experience consulting in retail, but its all VERY speculative....
My theory is that PayPal / Vanilla / etc pay the retailer $480 for a $500 reload - i.e. they are losing the $20 expecting to make it up on transactions, such as the 0.50/ca that MVD card charge. That way, PayPal/Vanilla are the ones that lose when we instantly liquidate the cards |
Who pays what fees for Paypal Reload cards bought at Rite Aid or elsewhere?
But they can report a huge top line number and they like like.
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Originally Posted by sgideons
(Post 20210404)
Has anyone ever successfully the resolved the "Identity Verification Failure" error on paypal.com/cash? This is NOT a normal paypal identify verification error that is resolved through the Paypal Resolution Center; there are no Open Cases in the Resolution Center. I tried to navigate the phone menu but it's obviously designed to keep you as far away from a human being as possible.
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Anyone had trouble with Paypal that was legitimately using it for the right reason. I read an article that paypal is trying to become more user sensitive.
On the other side I have read about massive seizures as well. |
Not sure when it happened, but the 5% APY linked savings account got nerfed. No longer $250K limit, on 4/2013 it will transition to $5K and only 0.5% above $5K balances.
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Originally Posted by Loren Pechtel
(Post 20143144)
And now they've got your bank account info, something I would certainly *NEVER* give them!
Originally Posted by UA Fan
(Post 20161813)
Why?
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Originally Posted by UA Fan
(Post 20239777)
Bump. Does PP withdraw money from your account without your permission?
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Originally Posted by UA Fan
(Post 20239777)
Bump. Does PP withdraw money from your account without your permission?
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Originally Posted by the_jaguar
(Post 20240149)
yes, it has happened to a lot of folks who sell on eBay.. in general, it's a good practice to link a separate checking account with PP and keep a small balance...
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Originally Posted by UA Fan
(Post 20240689)
Has this happened to non-sellers? I don't any selling and when I buy from eBay it is with my credit card.
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Originally Posted by the_jaguar
(Post 20240149)
yes, it has happened to a lot of folks who sell on eBay.. in general, it's a good practice to link a separate checking account with PP and keep a small balance...
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