Hi folks, Today something really strange come into my email box from paypal. You see i received some money and after that i receieved 2 emails from paypal. Take a look at the quote bellow. What the heck ? i got a second emails (a reminder this time for the above issue.) I first want to say that my account is premier type and verified as well. I visit the Resolution Center on my paypal account and they want to upload or fax them a Valid photo id , proof of my address and what's odd they want me to add a business type details. Has someone else experience the same issue with paypal?
Yes, of course it is real. This is part of the Anti-Money Laundering regulations and they need to complete the 'Know Your Customer' policy which is required by law. Otherwise people can sign up for a paypal, do money transfers using fake IDs. If you have nothing to hide and provided real information from the beginning, just comply with what you are required to submit. This process is to weed away those who use fake details when they signed up so as to snake through the system either because they are underaged, from a non-supported country or using paypal to engage in fraud or money laundering. Well, since your account is a premier account and have crossed the receiving limits, it would typically mean that you have earn some money through paypal and thus would be deemed as a semi-business. Just tell them what kind of business you are engaged in, ie free-lanced sales or something. Just be honest with them and your limitation would be lifted. Everyone who receives money would have to go through this anyways.
Eddy2099 first of all i want to say thank you for your kindly reply to my issue. I don't bother about sending them information about me ( well to be honest the only thing that bothers me is the photo lol why the hell they need my foto for? but anyway i will just send it xD ) it just makes me have some second thoughts of how they are going to use my information if they are gonna keep them secure and non of my information that i am going to send them will be used for something else unauthorized. The thing that put me in thoughts was the fact that i have already verify my account information using me credit card ( i guess that doesn't mean something anymore as most of the fraud activities comes from vcc users? ) As for the business part i am working as a freelancer for the last few months (mostly translations etc...) so i guess they will raise my receiving limit more than 1000€ For my great disappointing i gave them a call just a few mins after i saw the second email into my email box and i just got an answer machine on the other end of the line saying that the offices are open from Monday to Friday (damn ^_^). I even sent them an email about that issue and to give me some further information and give me a call to talk to them as i couldn't reach them via phone. Anyway i will try contact them tomorrow morning
Whether you call them or not, you would still need to fax or send them your IDs and such. It is actually nothing to be worried about and Paypal is not a lawless underground organization ran by mobsters but rather they are a US based corporation which are governed by US and International Laws. I am pretty sure that your details security would be of utmost important. Besides, they have a war chest of billions of dollars, they would not benefit anything from using your ID and making unauthorized purchases. Since they cannot see you physically, trust can only be established if you provide your information and give them the assurance that you are not doing anything illegal. I know in the US and probably the western world, privacy and all that is utmost importance but in the changing world, privacy or people's word is no longer craved in gold. There is no such thing as trust based on a gentleman's agreement or a handshake. If you are however not comfortable providing your information for one reason or another, perhaps it is best to move on to one provider which value privacy and trust.
Already did and the fact that there are not chargebacks at moneybookers i believe it's the best for the sellers who don't want to loose money from scammers buyers. I guess you mean AlertPay right? I’ve heard about them but due to the fact that they have kinda higher fees than MB prevents me from joining them. Thank you for all your kindly replies eddy2099. It's not a problem for me to provide them with the information that they need. This issue looked kinda weird to me , because i have already verify the account and have done many transactions (sending and receiving money) it was a surprise to me seeing something like that. Anyway i guess i have to wait till Monday morning lol Thank you all guys for your replies