On 1/8/24 18:11, John Hasler wrote:
My point is that these things are mostly subjective and not stated in the TOS. If not stated in the TOS, its some idiotic MBA's idea of security. That little personal preference actually cost us around 250,000 USD, you can't bill for a commercial that didn't play on the contracted schedule. IMO they do not get a 2nd chance at such idiocy. That card # was a company card & had a good million or more behind it.David writes:The way they would withhold payments as not going to approved entities by the powers that be has forced me into believing they are more of an information gathering utility disguised as a financial one. If you undertake to act as a medium in a financial transaction, that's what you do.They have to comply with the (vaguely worded) law if they want to stay in business. I doubt that they like it any more than we do.You don't put through some transactions and not others, simply because they are heading to an Assange fund or some other entity not currently approved of by American foreign policy preference.The "know your customer" regulations are by no means a US-only phenomena. It's supposed to prevent "money laundering".
I've sold a couple things on ebay, yonks ago, but have never collected a penny because that site has never been given to me so I could arrange a transfer to my bank. It's just pocket change so it is no big deal to me, but that is just more evidence that data collection is more important to paypal than shuffling money around to allow honest businesses to survive in a hostile environment. $10 I don't care, a quarter mill that might affect my future paycheck? Unforgivable.
Take care, stay warm and well all. Cheers, Gene Heskett. -- "There are four boxes to be used in defense of liberty: soap, ballot, jury, and ammo. Please use in that order." -Ed Howdershelt (Author, 1940) If we desire respect for the law, we must first make the law respectable. - Louis D. Brandeis