PayPal - Asking for ID and address confirmation

[bjcheung77]

Hmm, anyone come across PayPal asking for ID and address confirmation before?  I read online and this seems like a normal thing they do.  I don't mind, but never actually had to do this until yesterday, so I took a picture of my drivers license and my college transcript, sent it in... Within minutes, my account restrictions were lifted.  I don't know why so many people online rather 'end' their PayPal account over that.  Maybe because it's a privacy, personal info issue, but I think it's like a bank or credit union, places that require your ID before they give/take money from you...

[davewill]

I left Paypal ages ago because they are not regulated like a bank or credit card provider are and offer no advantages to the average consumer. That said, requiring ID actually sounds like a good thing as it would presumably help with identity theft or other fraud.

Of course, you want to be sure it is Paypal that is actually asking and that you're not falling for a phishing attempt. I suspect you're savvy enough to tell the difference.

[Old Guy]

"be sure it is Paypal that is actually asking and that you're not falling for a phishing attempt."

The rule being never click on links offered even if they look totally legit.  Always inquire through your regular link or the number on your card(if credit card.)  Phishing attempts are way too common.

[ss20ts]

If you were asked in your PayPal account to prove your identity, it wouldn't surprise me if you accept payments due to to tax requirements.

[bjcheung77]

Yes, I received the notification by email, and to be sure, I logged into my PayPal. The reason is because I'm getting more Study.com referral and ENEB referral rewards sent to my PayPal (they don't do anything other than PayPal), previously, Study.com would give credit into your account for use, now it's different... Practically don't use this for anything else other than that, or the occasional purchases that would accept PayPal vs credit card. I don't know, I think it's better to have a PayPal account than having many other websites hold my credit card info if I purchase online, even though they're not 100% secure, it's better than having X companies know my credit card info.

[LevelUP]

Yes, I received the notification by email, and to be sure, I logged into my PayPal.  The reason is because I'm getting more Study.com referral and ENEB referral rewards sent to my PayPal (they don't do anything other than PayPal), previously, Study.com would give credit into your account for use, now it's different...  Practically don't use this for anything else other than that, or the occasional purchases that would accept PayPal vs credit card.  I don't know, I think it's better to have a PayPal account than having many other websites hold my credit card info if I purchase online, even though they're not 100% secure, it's better than having X companies know my credit card info.

If you are collecting Study.com referral and ENEB referral income, then you are running a business and need to report this income on your tax return.

[Gumbeaux]

As an eCommerce guy, I used to use Paypal quite a bit.

However, I ran into issues with scummy business practices (account limitations based on volume, not on complaints; poor customer service; I could continue...) and stopped doing business with them.

I use apps like CashApp and Zelle personally now, and Square for business transactions - but even they aren't great. Kind of hope Elon Musk goes through with building a "Paypal 2.0" alongside X.

[Old Guy]

Yes, I received the notification by email, and to be sure, I logged into my PayPal.  The reason is because I'm getting more Study.com referral and ENEB referral rewards sent to my PayPal (they don't do anything other than PayPal), previously, Study.com would give credit into your account for use, now it's different...  Practically don't use this for anything else other than that, or the occasional purchases that would accept PayPal vs credit card.  I don't know, I think it's better to have a PayPal account than having many other websites hold my credit card info if I purchase online, even though they're not 100% secure, it's better than having X companies know my credit card info.

I received the same email, checked my account, and sure enough they already had my address, likely from day 1.  Maybe it was phishing.