Helpinghand - 12:52 pm on May 28, 2007 (gmt 0)

I'm looking for anyone who PP has allowed to become verified by Credit Card

I'd never allow them to do this, as although don't think Paypal would do this deliberately, but if a mistake was made, could be trouble for you and get you into debt with your card company.

This ofcourse always comes down to authorisation. Never give anyone rights to withdraw from anything, especially a credit card, where funds aren't yours anyway. Debit direct debits are fine, and have heard horror stories, but can say nothing has happened to me.

As I see it, there are 2 issues here:

1. Direct debit from an account (from Paypal to your account).

2. Direct debit allowing funds to be given to Paypal, from an account (highly illegal without authorisation).

The first is what most people possess and have arranged. I haven't had any problems with Paypal in this regard. But have heard of funds being 'held' and not released when transferred, and advise that as soon as your get that Notification of Payment - you tranfer these funds at once (however small). This will stop Paypal from withdrawing your funds.

Even if they do keep your funds, I think this would be highly illegal and some authority would have shut them down by now (Department of Trade and Industry have incredible power and can do this very easily). Personally, I think this direct debit arrangement that WebmasterWorld members are talking about is not the standard debit arrangement usually associated with Paypal, and is a seperate arrangement.

Bear in mind that access to anything such as a bank account (without permission) is a serious legal issue, and you can find remedy in the courts of law in your respected Countries.

Key bit of advice is never grant access in the first place. And not something where the money isn't yours eg: a credit card!

There is a website that deals with this and it's Paypal Sucks [#*$!.com...]

In the UK, we have a consumer TV programme called Watchdog, Paypal have regulary been featured, but this is to do with security issues when trading with their sister company Ebay. Personally, if PP started robbing people's bank accounts, they would be in serious trouble, not to mention the bad press. It would destroy them, certainly Paypal would get closed down by the DTI, and seeing as Ebay relies a lot on Paypal for transacations, Paypal are not going to chance annoying members.

Yes this would be a theft issue. There are things you can do.

[edited by: Helpinghand at 12:57 pm (utc) on May 28, 2007]