Question posted by minakebe on July 22nd, 2011

Paypal Fraud?

How is it that an account can be opened with paypal providing only information that is available to anyone and be given a credit limit to spend money?

Current Answers

Answer #1: Posted by minakebe on July 22nd, 2011 2:14 PM
This answer was accepted by the poster of the original question.
minakebe

Member since:
July 22nd, 2011

Points: 50
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You might think that but my wife just opened a PayPal account gave no credit card / no SS / no bank info and processed a payment that someone else received and processed out.  It can be done PayPal has yet to explain why or how.

Answer #2: Posted by pellkiness on July 22nd, 2011 1:15 PM
pellkiness

Member since:
June 22nd, 2010

Points: 2,988,850
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Sorry, but your assumption is incorrect. Anyone can open a PayPal account in order to RECEIVE money, but to send it or withdraw received funds requires bank account information and a credit card.

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