Has Paypal Changed?

[BK]

I am no longer able to send an instant payment from my account, only credit cards and e-checks. A friend told me he received an email a few weeks ago announcing changes to accounts. I have the free personal account, since I never upgraded to premeire. Does anyone know if they have taken the ability to send instant payments away from people who only have the free accounts?

[dockingbay97]

Yeah, you are right there were changes but since I was already upgraded, I ignored the changes.

Looking at paypal it looks like you should still be able to send money.

https://www.paypal.com/us/cgi-bin/we...p/gen/accounts

Personal Accounts
Send money for FREE
Receive money for FREE (non-credit card payments only)
Can upgrade to a Premier account at any time

I suggest calling them and address your problems with them personally

(888) 221-1161
(650) 864-8000
or
(402)935-2050

I found these on paypalsucks.com

[Patrick A. Riley]

I sent a combo payment from my PayPal balance and bank account on the 7th. That doesn't make sense. They prefer people to send money from a bank account rather than use a credit card. Why else do they make us confirm we want to change payment method to a credit card?

[BK]

Well, I'll have to go ahead an call. I hate dealing with PP and Ebay customer service. I just wanted to see if this was a new thing, or if something was wrong with my account. And it seems to just be me.

[drveovru2]

I sent a combo payment from my PayPal balance and bank account on the 7th. That doesn't make sense. They prefer people to send money from a bank account rather than use a credit card. Why else do they make us confirm we want to change payment method to a credit card?

i think they perfer the bank account method, because they can 3rd party the money and hold onto it for a day or so. if they have everyones money for a day or so they can loan it out like banks do to other banks on a daily baisis at a low fed funds rate. so they can make money on your money. I dont know if this is true, but if they could, they would be able to make some good money.