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Entrepreneurship:  Paypal needs my bank routing number...for real?  |
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Amie C.
True Blue Farmgirl
2099 Posts
Finger Lakes Region
NY
2099 Posts |
 Posted - Aug 02 2010 : 09:56:43 AM
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Hey, sorry to bother you all with a silly question but I don't know anyone in "real life" to ask. As part of my personal de-cluttering efforts, I'm setting up an etsy account to hopefully find new homes for vintage items I've accumulated and don't really use. So that means I finally need to set up a paypal account too (yeah, I know, time to join the 21st century).
So I've entered my credit card info and now I get a screen saying I have to enter my bank account routing number as well in order to complete the account setup.
I've never had any kind of online shopping system ask for more than my credit card info. My husband uses paypal and I don't remember him having to do this. It might be on the level, but I just had the paranoid thought that perhaps I've stumbled onto one of those "phishing" pages rather than the real paypal.com.
Did you have to enter your bank info when you got your paypal account? Should I do it? |
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woolgirl
True Blue Farmgirl
901 Posts
Elizabeth
Great Lakes
IL
USA
901 Posts |
Posted - Aug 02 2010 : 10:12:59 AM
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I think some people set it up so you can have it automatically taken out of your bank account. When I set mine up I had to do it, then they confirm the bank. I never actually finished doing the confirmation though, and I just use my credit card.
Farmgirl #1947 |
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Amie C.
True Blue Farmgirl
2099 Posts
Finger Lakes Region
NY
2099 Posts |
Posted - Aug 02 2010 : 10:26:37 AM
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Aha! I just checked my email, and paypal has confirmed the account setup even though I never finished entering information in the "bank info" screen. Looks as though I did have the legitimate paypal site, and paypal was being sneaky by not allowing me to opt out of that bank info even though it's not actually required.
At least I hope that's what happened! |
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Alee
True Blue Farmgirl
22941 Posts
Alee
Worland
Wy
USA
22941 Posts |
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Mama Jewel
True Blue Farmgirl
435 Posts
Jewel
Sweet Peas Farmette,
Bend, OR
USA
435 Posts |
Posted - Aug 02 2010 : 2:44:10 PM
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I think if you directly type in the name of paypal's address, then you don't have to worry about phishing. It's only when you follow a link, that you need to be careful of hackers.
Farm Girl Sister #1683 Living Simply & Naturally on our lil Sweet Peas Farmette
"Do Everything in Love." 1 Cor 14
http://www.piecemama.etsy.com |
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JojoNH
True Blue Farmgirl
1984 Posts
Joanna
Dunbarton
New Hampshire
USA
1984 Posts |
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bluebellequilts
True Blue Farmgirl
72 Posts
Teresa
Georgia
USA
72 Posts |
Posted - Sep 08 2010 : 7:36:35 PM
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| I think you have to provide bank account information in order to gain "verified" status so you can establish a seller's account. |
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knitnpickinatune
True Blue Farmgirl
1140 Posts
Sherrie
Gardena
California
USA
1140 Posts |
Posted - Sep 11 2010 : 09:21:17 AM
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Yes you do need to hook it up to your bank account-I've had Paypal for several years,and having it hooked up to your bank account means you'll be able to take your earnings from your paypal account & deposit it into your bank account. I do this with the biz money as it keeps me from spending it on eBay or other sites,ensuring I can pay my suppliers. It's safe,and you'll love it once you have it.
http://www.mandolinbabe.info
http://www.mandolinbabe.net
http://www.mandolinbabe.biz (Etsy Store)
@MandolinChick on Twitter
mando pickin,uke strummin, & fiddle sawin' Farmgirl #702 |
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Faransgirl
True Blue Farmgirl
895 Posts
Beth
Houston
Texas
USA
895 Posts |
Posted - Sep 13 2010 : 2:37:37 PM
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My experience has been that you can do credit card or bank account or both. That may be why they asked for the routing number. But, the routing number is no good to them without your account number and vice versa. You have to have both to be able to get into your account. All the routing number does is tell them which bank you use. Chase, Wakovia, Wells Fargo etc.
Farmgirl Sister 572
When manure happens just say "WOO HOO Fertilizer". |
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AmethystRose
True Blue Farmgirl
254 Posts
Rosemary
Huntingdon
PA
USA
254 Posts |
Posted - Sep 25 2010 : 2:51:25 PM
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We have a separate savings account at the bank which is set up only for business with Paypal. We try to keep around $100 there for ebay purchases. If there are insufficient funds, then Paypal will bill our credit card. |
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5 acre Farmgirl
True Blue Farmgirl
1007 Posts
~~~*Terri*~~~
WA.
USA
1007 Posts |
Posted - Oct 01 2010 : 08:18:28 AM
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I did not have to put my bank routing number in...I am glad it did it without, that qlways gives me the creeps when they ask for that kind of stuff.....just my opinion...lol!
Farmgirl Sister #368
~~~**Terri**~~~
http://thecontentedwoman.blogspot.com |
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Entrepreneurship: Paypal needs my bank routing number...for real? |
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Paypal needs my bank routing number...for real?
