[HoustonHam] Becoming "Verified" with PayPal

[Chris Boone]

I set up a separate checking account for Paypal...I would NOT let them have
access to my main accounts...rather to be safe than sorry :)
Chris
WB5ITT

> -----Original Message-----
> From: houstonham-bounces at mailman.qth.net 
> [mailto:houstonham-bounces at mailman.qth.net] On Behalf Of 
> Stephen Ponder
> Sent: Sunday, July 31, 2005 9:07 PM
> To: clarcswap at clarc.org; clarc at clarc.org; 
> houstonham at mailman.qth.net; HQRP at yahoogroups.com
> Cc: JohnCallarman at msn.com; w_r_hale at sbcglobal.net
> Subject: [HoustonHam] Becoming "Verified" with PayPal
> 
> I've been receiving the notifications from PayPal lately that 
> I need to get "verified" by giving them my bank name, routing 
> number, and account number.
> Even though my browser (IE) shows the lock icon signifying a 
> SECURE transaction, the thought of sending that information 
> over the net makes me feel very, very INSECURE.
> 
> Have any of you out there in ham-land gone through the PayPal 
> verification process?  Is it "for real"
> or is it just another ploy used to get user data for later scams?
> 
> I like the convenience of purchasing items and hobby 
> magazines through PayPal and have never had a bad experience 
> with them.  I use only one credit card with my account and 
> track the expenditures with PayPal not only through PayPal 
> but through the credit card company, also.
> 
> BUT ... I don't like the idea of giving them my bank 
> information (although, I guess they could use my credit card 
> info in a round-about way to get that).  OUCH - now I feel 
> even more INSECURE!
> 
> Thoughts, anybody?
> 
> 73 and GREAT DX!
=