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Why would anyone have 25k in a Paypal account ? Genuinely curious. I never understood friends who keep 500-1000$ in their Venmo account. I empty it to my checki
by the_svd_doctor 6y ago
Why would anyone have 25k in a Paypal account ?
Genuinely curious. I never understood friends who keep 500-1000$ in their Venmo account. I empty it to my checking as soon as I have money in it.
- snark42 6y agoI've experienced this with $5k buy-in poker games settled via Venmo... I'm sure there's other good reasons.
- thelittleone 6y agoPayouts for a high end airbnb property. They fairly wanted additional proof of incorporatiin which was duly provided.... Many months ago. It seems almost like insurance companies. Deny first , make claimant jump through hoop after hoop hope they give up. What happens to the money then? This is very interesting because if they can profit from this we all the more disturbing.
- xenospn 6y agoI set up an auto-sweep in PayPal to deposit my entire balance to the business bank account every day. I don't trust them.
- thelittleone 6y agoMe neither. I find myself struggling to trust any large company. Older and wiser or just jaded I don't know which. These organisations entrench themselves in our lives that even when we dislike then intensely we sometimes don't have easy alternatives. Size seems to corrupt. Any examples if shining, upstanding, beneficent megacorps?
- xenospn 6y agoNot sure about megacorp status, but Stripe never gave me any problems and always works.
- thelittleone 6y agoGood example, thank you. I wish they had operations in Indonesia.