Paypal now requiring "verification" with bank account?
Ken Dean
United States
Athens
Ohio
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My wife tried to use Paypal for an online purchase but Paypal would not complete the transaction because she only has a credit card registered. The reason given is a questionable "security" protection for the user.
I have used Paypal for years with a credit card because I want the protection of being able to dispute something if I disagree. I won't have that protection if Paypal can dip into my bank account.
I haven't encountered this yet only because I haven't used Paypal for a couple weeks.

Has anyone experienced anything similar?
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Paypal is only free (I mean, it's still free, but more complicated) for a while, then they want access to your bank. What you do (I've been told) is go to the bank, open a seperate account with only $20 in it (or whatever), give Paypal that bank account number, and you are good to go. Obviously, for your own security and peace of mind, you don't want to use an actual account with your life savings in it.
 
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