So Sick Of Paypal!

[🪦 Darth Veach ●]

i\'m not sure if it\'s strictly for ebay sellers. i\'m guessing if you\'ve received a certain amount of payments from any source you\'re added to the list.
starting in january of this year the government forced paypal to handover any and all transaction records for any paypal member that has 200+ transactions and $20,000+ in payments. that\'s the reason for the SS#. you have to meet both of those requirements in order for the government to take those records. if you meet both of these you will be forced to pay taxes on the payments you\'ve received.

Yep, and that makes total sense to me if someone has a business account. I have had a good year selling off some of my old stuff, but I am nowhere NEAR those numbers, but they insist on having my SS# anyway. At that point, in order to do business with them I will have given them my ID, my bank account number, my debit card number and my SS#. Sorry, but it seems a little excessive. I think what they should do is set it up so if you have a business account, you have to provide all that for tax purposes etc. Leave the little guys alone and ask for that info and suspend accounts ONLY if they meet the necessary criteria. They want my info when I KNOW I will never hit their benchmarks unless I decided to start an online business!