gravid
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posted on March 19, 2004 09:34:34 PM new
Effective May 2004, PayPal will require U.S. Premier and Business users who receive more than $2,000.00 USD a month in payment volume through PayPal over three consecutive months to provide supplemental information about their businesses including business categorization, sales venue and business URL information.
Want to guess were this information goes?
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kraftdinner
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posted on March 19, 2004 09:54:27 PM new
You've got to be kidding. Many need eBay to suppliment their income. That info's none of Paypal's business. How can they do that?
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Fenix03
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posted on March 19, 2004 11:10:28 PM new
It may be as a result of a crack down with their merchant provider. Thay is the same info your have to submit to a merchant account provider when you get one.
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If it's really "common" sense, why do so few people actually have it?
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Twelvepole
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posted on March 20, 2004 04:08:42 AM new
Oh my they are trying to see if any money laundering is going on... for shame paypal for assisting the authorities... you might actually help catch a bad guy...
AIN'T LIFE GRAND... 
http://www.nogaymarriage.com/
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stopwhining
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posted on March 20, 2004 07:03:34 AM new
moneylaundering for 2k a month???
they should raise it to 5k or more.
-sig file -------we eat to live,not live to eat.
Benjamin Franklin
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Twelvepole
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posted on March 20, 2004 08:19:27 AM new
I am thinking the 2k point was set for tax purposes...
IRS wants its fair share... 
AIN'T LIFE GRAND...
http://www.nogaymarriage.com/
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profe51
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posted on March 20, 2004 08:22:34 AM new
I'm liking good old cash and barter better and better.
___________________________________
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Libra63
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posted on March 20, 2004 10:59:36 PM new
When I heard this I to thought of taxes. Are they preparing for when and if we have to pay internet taxes. I sure hope not, but maybe by then I can settle to a normal life.
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gravid
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posted on March 22, 2004 01:23:48 PM new
Hmmm...I'm starting to think those fellows who came around to all the shops at lunch time selling out of their trunk casj may have been on to something.
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kcpick4u
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posted on March 22, 2004 01:52:20 PM new
Currency will most likely become a relic of the past at some point in time.
There are at this time several companies that offer a pay system for employees, you carry a card that is updated weekly or whatever your employer's schedule might be. Instead of cash the card is presented and the amount of the transaction is deducted from it. You can still convert to cash, however, some might consider this the initial steps towards a cashless society.
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stopwhining
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posted on March 23, 2004 06:22:52 AM new
tell that to the dollar store owner!!
-sig file -------we eat to live,not live to eat.
Benjamin Franklin
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gravid
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posted on March 23, 2004 08:26:49 AM new
They will do away with cash when politicians stop taking bribes. They are hard to take in chickens.
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