3 ms·
It was the clawback of the hilariously low amount that I found dumb, not the verification technique. In my experience, it’s 2x double digit amounts, not two si
by Scoundreller 5y ago
It was the clawback of the hilariously low amount that I found dumb, not the verification technique.
In my experience, it’s 2x double digit amounts, not two single digit amounts. I guess if they’re clawing it back, maybe my low sums are out of randomness, or maybe they’ve really lowered the cap on the test deposits (less float/fraud loss but less security?).
- mthoms 5y agoI suspect it’s because they want to verify they can withdraw from the account, not just deposit. Maybe they have deposit-only account links but IIRC the default is two-way. That’s because, for example, you can subscribe to various services using PayPal (if you have no funds in your PP account they will withdraw it from your bank account).
- Scoundreller 5y agoThis makes a lot of sense. Lots of advice in the early days of PayPal to have a separate account for them and keep nothing in it.
- davchana 5y agoCapital one, when confirmed my credit union account by same method, didn't fetched the money back. Data point