How many have experienced this from Paypal? I recently setup a business account, because they tell you, you have to create a seperate account for business purposes and when I did that they raised the flag for suspicion as if I'm trying to steal my own identity. I told them the alert didn't happen until I tried creating the business account and they come up with the lame bull crap about new laws and that by 2015 all member will have seen the limitiations or have to provide like a phot id or some proof of I.D. Now that is a great security feature, but when others can use paypal without providing that, I won't be either. I ask them where can I find this on their home page or somewhere in the public eye, stating all members will be rquired this, not just suspicion, as I think led to mine, they aren't admitting, but by 2015 the latest, every one will have to show this info to Paypal is what they advised me or limitations will apply. I would have done it in a heartbeat if I know it was no different than a bank. Not one soul will walk in that bank and leave with an account, without having provided their SSN, and other sensitive info, but with Paypal, that is highly unusual and unless it is known to the public eyes, I won't be following that. So what the limitation stays. I will not do it until it's known in the public eyes and all have to follow the same procedure, not just me, because they drew suspicion over a business account, and wanna lie and say it's the new legislation. Below is a copy of their reason for the above matter:
Thank
you for contacting PayPal Customer Support. I am sorry to hear about this situation, and understand your frustration and
concern.
The Bank Secrecy Act was amended to state that Money Services Businesses (like PayPal) will be required to verify the identity of a person before we can provide them with various services or product offerings.
The US Patriot Act also requires PayPal to implement a Customer Identification Program (CIP) that ensures the collection of customer data such as Name, Address, Date of Birth, and National/Tax ID Number (SSN). We are also required to verify this information.
If we are unable to verify the customers information, we will deny them the requested product/service and we may place a warning/limitation on the account.
Sincerely,
PayPal Account Manager
PayPal, an eBay Company
Who else has recieved that and has heard the by 15 all members will be required to provie proof of I.D.?
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