Title says all, not everyone has paypal
- Type
- Suggestion
- Status
- Denied
Banned forever. Reason: Conspiring to Exit Scam (https://builtbybit.com/threads/eclipse-restricted-me-wanna-know-why.483057/)
Accept Crypto When We Pay For Stuff In MCM
- Thread starter Kamikaze
- Start date
- Status
PebbleHost
High performance, consistent uptime and fast support. Minecraft hosting that just works.
Could fo down a lot due to PayPal’s new rule.
what's the rule?
YOu need to insert your SSN, address , +
Address, since minors had PayPal so PayPal Made this new policy
Banned forever. Reason: Conspiring to Exit Scam (https://builtbybit.com/threads/eclipse-restricted-me-wanna-know-why.483057/)
Oh great
They're probably doing it slowly, since if they did it all at once they'd get flooded with people trying to verify their accounts.
https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full
If you haven't received the email from PayPal, that is the article stating all the new changes.
Something to especially note, that is related to this suggestion (what most are referring to), is this section:
Amendments to the PayPal User Agreement for Personal PayPal Accounts
- As a result of a new regulation issued by the Consumer Financial Protection Bureau in Washington, D.C. coming into effect on April 1, 2019, we are making some changes that will affect consumers who want to hold and use balance with PayPal.
If you want to hold and use balance, you will need a balance account which will be linked to your current PayPal account. PayPal will offer two balance accounts: PayPal Cash and PayPal Cash Plus. Information about both types of balance accounts can be found in the PayPal Cash and PayPal Cash Plus Terms and Conditions.
If you are an existing personal PayPal account holder and we have already verified your identity, we will establish and automatically link a PayPal Cash Plus account to your current PayPal account. Information about your PayPal Cash Plus account, including your balance amount, will be easily available using your existing PayPal login.
For all other consumer PayPal account holders, if you want to hold and use balance, in addition to verifying your identity with PayPal, you will need set up a balance account which will be linked to your current PayPal account.
There are no changes to any PayPal fees. - We are also making two other changes: (1) we are changing the time period for providing you with advance notice about important changes to the PayPal Account User Agreement to at least 21 days; and (2) we are clarifying how and when we convert currency.
I HIGHLY doubt a large company such as PayPal would do something like this (or the government itself), not to mention the fact that the email has been sent out on April 5th.
I thought you could just link your credit card/debit card?
Regardless of any of that, crypto is sorta unreliable. The price goes up and down VERY fast- this makes it unreliable currency for MCM to hold. It’s like a stock. It makes sense that they wouldn’t want to deal with that. Easier to stick with a currency that is moderated by the government.
- Status
