EBAY request for financial imformation

[jad17555]

I got an e-mail this week from eBay requesting far more personal identification and financial information than I am willing to give.  I initially thought it was a Pfishing email until I checked and also found it in my eBay messages.  

What's going on.  Why is this information needed, who is looking at it, Where are they located, and what steps are being taken to protect it?

[kare-bearb]

Looking at your feedback page ... the selling portion of your ID had previously been opened.

eBay is no longer using Paypal as their payment processor.

eBay wants that information for their Managed Payments process.

If you don't wish to provide that info & do not want to sell again on eBay, see if you can contact customer service & have the selling portion of your ID closed.