2c Deposit to PayPal account ?

[sidthelamp]

The problem with that though Sid is it rules out payment by cheque, money order or chocolate.

i haven't been paid by cheque in years , most people get paid by electronic means, so what is the answer black ball north america, that's fine for us in the uk but does not help are american members, there will have to be a choice on how its dealt with , the lesser of two evils !

[banrigh]

Stopping selling to the US will not solve the issue. The issue is with PayPal. Since Equifax was hacked, actually before we knew they were hacked, this began. Plus, approximately a month or so ago, Yahoo was hacked. Scammers are good at what they do. They can look like the come from the US but could be anywhere, China, Russia, who knows. They know how to reroute information to multiple places before the actual location can be found. Finding them can take days.

It seems many on this thread can't seem to figure out why they are depositing money. Its called money laundering. The money is bounced from account to account until it hits the one that it can be taken from. The issue is, they need to bounce it quickly before they can be found. The ones using eCheck are not too smart, since those take at least 3 days to clear. So much for it being quick.

It seems they are hacking into dormant PayPal accounts and using hacked email addresses. The odds that the email associated with the PayPal account is real is very low. The last deposit attempt to my account was from a verified account with a strange Yahoo email. I have no idea where the sender was from, that information was missing.

Is it happening elsewhere, on other sites? Probably. Instead of fleaBay admitting it was happening, they have responded by doing away with giving any information of buyers or sellers on their site even after a transaction has been completed. Many have complained stating fleaBay was afraid of off site sales, but I don't think that is completely it, since PayPal will still give the buyer and seller the information after a sale is completed. Getting a user's information on fleaBay now is almost impossible.

PayPal isn't as secure as it needs to be and yes, they are aware this is a problem. eBid has done everything that they can do to keep information away from scammers, but the information PayPal gives once a transaction is complete is out of their hands.

I now require immediate payment of new buyers. I will not send them an invoice for a single purchase, but will contact them through the AAL. Buy choosing immediate payment for new buyers, they can click Buy Now and still not get your information on eBid. The information isn't available until the sale is completed. If you send them an invoice beforehand, they can click the PayPal link provided on the invoice and then they get what they want...PayPal information. They then do not have to complete the transaction via eBid and then abandon it.

PayPal could stop a lot of this. Yes, you can opt out of accepting eChecks (if you don't sell on fleaBay), but few know this. But the main issue is with PayPal. You can not opt our of accepting Personal Payments. That is a problem. I have been in contact with them and requested to be able to opt out of Personal Payments coming into my account, but they can't do it. It should be up to the account holder to choose the form of payments they receive, Personal Payments included.

If PayPal doesn't lock up their site better, and only rely on account holders to report fraudulent activity, which many don't, this will still be an issue.

[sidthelamp]

@152

its interesting you say stop selling to the US will not stop the problem yet its sellers in the uk who sell to the US who are being hit, ive not been hit i believe its because i dont sell to the US , plus the american sellers who are hit.

you talk like your describing a multi million dollar fraud this is about a few accounts being harvested for emails linked to PP to deposit at the most the max PP allow to be deposited

i have clearly stated in this thread this is about stolen credit/debit cards that the owners are unaware have been stolen there intercepted through the post while being delivered to there recipient, they have weeks before there noticed as missing up to the date the old card runs out, so you see there's no rush for a echeque to clear

you say there hacking into dormant PP accounts PP has not been hacked its very easy to create a email to reg with ebid another to reg with PP thats how and why they send a echeque because ts a new account not at that time verified but as PP encourage this form of payment for new accounts they exploit it, the account bank account they use is from the stolen credit/debit card which have all the details they need.

"Is it happening elsewhere, on other sites? Probably." another point already covered there is no chatter anywhere about this happening on any other site, do your research this is serious not a heineken advert.

you say ebid have done every thing they can do, i disagree as i have already stated they give out all are contact details before payment, there s no paypal information given till a payment is sent , thats why i said no contact information till the payment is received in full thats a fix the industry can sort out between them

"now require immediate payment of new buyers" i agree with this and has not been mentioned before its a safety measure albeit a little long winded

im not convinced this is as big a problem you make out, i think its a few grunts in the US who are exploiting ebids over generous use of contact details, you will have to convince me other wise.

[banrigh]

@152

its interesting you say stop selling to the US will not stop the problem yet its sellers in the uk who sell to the US who are being hit, ive not been hit i believe its because i dont sell to the US , plus the american sellers who are hit.

you talk like your describing a multi million dollar fraud this is about a few accounts being harvested for emails linked to PP to deposit at the most the max PP allow to be deposited

i have clearly stated in this thread this is about stolen credit/debit cards that the owners are unaware have been stolen there intercepted through the post while being delivered to there recipient, they have weeks before there noticed as missing up to the date the old card runs out, so you see there's no rush for a echeque to clear

you say there hacking into dormant PP accounts PP has not been hacked its very easy to create a email to reg with ebid another to reg with PP thats how and why they send a echeque because ts a new account not at that time verified but as PP encourage this form of payment for new accounts they exploit it, the account bank account they use is from the stolen credit/debit card which have all the details they need.

"Is it happening elsewhere, on other sites? Probably." another point already covered there is no chatter anywhere about this happening on any other site, do your research this is serious not a heineken advert.

you say ebid have done every thing they can do, i disagree as i have already stated they give out all are contact details before payment, there s no paypal information given till a payment is sent , thats why i said no contact information till the payment is received in full thats a fix the industry can sort out between them

"now require immediate payment of new buyers" i agree with this and has not been mentioned before its a safety measure albeit a little long winded

im not convinced this is as big a problem you make out, i think its a few grunts in the US who are exploiting ebids over generous use of contact details, you will have to convince me other wise.

While I have talked with PayPal at length, it is more widespread than you realize.

I am not saying in any way that you don't know what you are talking about, nor do I know what actual line of work you have been in or are in. My husband is employed as a cyber security annalist and has been for many years. He works for a major insurance company in the US who also has offices all over the world. Since the Equifax breach, they have been on high alert and have even suffered through conference calls with the FBI. This is not isolated to a certain website. Many are being tested and PayPal is an easy mark for money laundering.

Your nonchalant attitude of what is and what isn't does not help matters. There is no need to attack me or the information I have been able to gather to pass along to others. If you have other sources for you information, please inform us. If not go back to your Heineken.

[sidthelamp]

Let me see, where to begin. You asked me no pertinent questions...you just made remarks.
One...no chatter. Where to you go for chatter? Fleabay? The last thing most companies want their customers to know is ...they have been compromised. They consider it bad for business. That's why Equifax waited forever and a day to let the public know.

PayPal admitted to me, as recently as yesterday, that they have a problem and all they can do is deal with the fraud as it is reported by the account holders. Even though being able to opt out of personal payments on their site is a great idea, they can't stop them at this time. You can only opt out of eChecks unless the account is used to receive money from fleabay.
The account in question that was being dealt with yesterday, was a compromised account. Admitted by PayPal directly.

Money laundering has always been a problem with PayPal. Well known fact. If you didn't know that, sorry you missed the memo.

No..its not miraculous that my husband is a cyber security analyst. Many people have that kind of job.

As far as eBid being the only one that is being attacked. I doubt it. Are the attackers in the US only. Maybe, maybe not. They are using US accounts for most attacks at this time, but are the actual attackers from the US? Not known. They could be from anywhere.

All I can say is be vigilant.

As for you Sid. You're just a bully sitting behind a computer screen who has no life. All I can do is feel sorry for you.

i find that fascinating you say i have no life another assumption on your part, i run two farm holdings that i also own pay grunts to do what i cant be bothered to do,

my internet time is a hobby

you clearly dont understand the term chatter ask your husband being a cyber security expert he should set you straight in a min.

of course PP admitted to you, except we have to take your word for that dont we , no proof

money laundering may have been a problem in the past for PP show me a recent case were they have been accused and found guilty of laundering ,is that pertinent enough for you,

"As far as eBid being the only one that is being attacked. I doubt it. Are the attackers in the US only. Maybe, maybe not" so your not very sure at best , without any evidence your just assuming

"but are the actual attackers from the US? Not known. They could be from anywhere." there a bunch of grunts from texas is that affirmative for you il invite you to prove me wrong, again

so the american definition of a bully is a american makes a statement of assumptions on a public forum is engaged in debate , the engager is a bully ,

[FirstGreenIsGold]

.

I'm not going to quote your well-written and informative posts.

Thank you for sharing this information with us. I appreciate the time that you took to explain your point of view.

Again. Thank you.

[lofty100e]

Not really considered immediate payment before, how do you refine it so that it just applies to one level of buyer. I may be wrong but we used to have a system where you could chose the level of buyer you dealt with, with a pick list allowing to exclude newbies. (Not something I am in favour of as we all have to start at zero.

[sidthelamp]

Not really considered immediate payment before, how do you refine it so that it just applies to one level of buyer. I may be wrong but we used to have a system where you could chose the level of buyer you dealt with, with a pick list allowing to exclude newbies. (Not something I am in favour of as we all have to start at zero.

62) How do I set up my listing so they require immediate payment?

If you wish successful buyers of your listings to pay immediately, you can select this as a default option via the My eBid > My Defaults section, under the General Defaults header. Buyers have 60 minutes to pay and are restricted to purchasing 10 items. If no payment is received your listing will be reset to its standing prior to the purchase being made.

there was a system years ago i think it was based on how many FB you had gained

[lofty100e]

Thanks Sid, have set that up. I have never looked for that option having set it to accept all-comers and didn't realise that it had been abandoned. The only drawback with that is that you do not get the option of killing the sale if you suspect something dodgy, and if there is get stung by our friends at PP for refunding.

[Posbear]

An update on my 1p deposit.
eBid acted swifly..kudos to them.
PP, hmm, well eventually I got the 1p reversed and the account that sent it investigated.
Normal customer support by email was useless/ill informed (* delete as appropriate).
It took 2 phone calls and a lovely Irish lady to get me sorted out eventually.
I was thanked for the information and told to change my PP pasword.

Let's see what happens next, if anything.