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Shouldn't they be required to email us with these changes???
Here's the latest:
Notice Date: December 6, 2000
Effective Date: December 20, 2000
In order to increase the predictability and consistency of our credit card
processing costs, the Personal Account $500 limit on receiving credit card
payments every six months will be changed to a $100 monthly limit. This change
increases the actual limit from $1000 per year to $1200 per year. Payments
funded from the sender's bank account or existing PayPal account balance will
not count against the recipient's limit. At the beginning of each monthly
cycle, the limit will be reset to $100. Recipients exceeding the
$100 limit in a given month will no longer be able to accept credit card
payments unless they choose to upgrade to a Premier or Business Account. Credit
card payments sent to a Personal Account in excess of the limit will be held
as "pending" until the recipient chooses to accept the payment by upgrading or
to return it to the sender by refusing the payment. Personal Accounts exceeding
the limit will still be able to receive payments funded from a bank account or
existing PayPal account balance.
====================
Julie
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Message has 4 Replies:
 | | Re: More changes at Paypal
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| Don't you love these people? It's OK to suck money OUT of your bank accounts pretty much unlimited but not the other way around. It also peeves me that the default payment option is the bank account given and now you really have to dig to use the (...) (24 years ago, 19-Dec-00, to lugnet.market.services)
| | | Re: More changes at Paypal
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| FYI, I opened a new Personal account after converting my old one to a Premier, and they don't seem to be complaining about it. The only real problem is that you can't use the same bank account for both PayPal accounts. That doesn't really matter too (...) (24 years ago, 19-Dec-00, to lugnet.market.services)
| | | Re: More changes at Paypal
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| This seems an apporpriate place to put in a plug for Yahoo!s PayDirect. It's still free and the best part (that I like) is that I can immediately move funds to a CC in the form of a CC credit. Since I buy most everything with a CC, it works out (...) (24 years ago, 19-Dec-00, to lugnet.market.services)
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