A used car dealer and the mafia have more integrity.
For years PayPal has been trying to strong-arm me into giving them my bank account number.
In the middle of a deal, PayPal refused to pay an eBay transaction unless I gave them my bank account number. The excuse for my account shutdown was that it was compromised, but no one on the PayPal staff could tell me the exact reason. It was a mystery. To reinstate it, I would be forced to give my bank account to complete the deal, or my reputation on eBay would be ruined. If verification was a requirement, then I should have been told before the deal, not in the middle of a deal, where PayPal has a gun to a person's head.
With a gun to my head, I agreed to give them my bank account and routing number. Then I found out that was not good enough. To add insult to injury, I would have to go to my bank to get a statement and get the amounts so that I could fill out the information. Meanwhile I could not complete the eBay deal. When I told the PayPal rep that this was a major inconvenience, his smug response was, just call your bank. No bank will give any info over the phone. When I told him it would take a month to get my statement and my eBay reputation would be ruined by then, he could not care less.
PayPal originally states that the bank account numbers will be used only for verification. This is a lie. According to their website, once the verification on the bank account is done, it will be the primary source of payment. That is major fraud. Their reason is corporate greed. By billing the bank account, they will save millions of dollars in credit card fees.
PayPal's staff was arrogant and had an uncaring attitude. After many phone calls, the last woman I talked with was reasonable.
I will report this to eBay, the proper authorities and the media.
To try to cover up the extortion, PayPal sent me a questionnaire, basically trying to do damage control. Below is some of my response.
The low-life person(s) who came up with the scheme to force me to give you my bank account information should be fired immediately! You are attempting a "cover up an extortion attempt" with this survey. Your basic reason for this was to avoid paying credit card fees, so you are perpetuating your lie with the survey in an attempt to do damage control. That still makes you a low life. You cannot even admit your mistake. Please forward any other information directly to the media.
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