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Is it safe to give my checking account and routing numbers to ebay? They are asking for it via form

 
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

It's safe. Those numbers are at the bottom of every check you have ever written. In particular, the Routing Number is simply your bank's digital "address" for money routing purposes; it identifies them, not you.

 

You might want to consider having a separate checking account exclusively for eBay sales, to keep your business funds isolated from your family funds. It simplifies the bookkeeping later, and protects your family money from any eBay mishaps. There are fee-free accounts out there.

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Message 2 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

It's safe. Those numbers are at the bottom of every check you have ever written. In particular, the Routing Number is simply your bank's digital "address" for money routing purposes; it identifies them, not you.

 

You might want to consider having a separate checking account exclusively for eBay sales, to keep your business funds isolated from your family funds. It simplifies the bookkeeping later, and protects your family money from any eBay mishaps. There are fee-free accounts out there.

Message 2 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

Type managed payments into the Help and Contact section. There are many articles from eBay that will show you how managed payments work.

 

I agree with a_c_green, that you may wish to consider having a separate checking account exclusively for eBay sales.

Message 3 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

yes, you gave it all to paypal.

Message 4 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

Yes, but maybe open a new bank account for this purpose.

@joazich-79 

Message 5 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

@joazich-79 

 

They've had mine since 2011 and never had any problems.

Have a great day.
Message 6 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

but who is more likely to be hacked, ebay or paypal?

Also, I think these days paypal is subject to financial

institution regulations that may not apply to ebay.

Message 7 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

But ebay also wants your Social Security Number (SSN),

date of birth, address, to "confirm your identity".  I don't put

those on checks!  I don't feel great about trusting ebay

with everything needed for identity theft -- I don't feel

confident that they can safeguard that info from hackers.

Message 8 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

"yes, you gave it all to paypal."

I may be wrong, but I do not think a checking account was required to have a Paypal account. Just saying.

Message 9 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

Adyen is the actual payment processor for eBay

"Adyen will become the primary payments processor for eBay sites across the world. After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay..."

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Message 10 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

Plus their customer service is based in a foreign country.

Message 11 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

ZOMBIE  thread.

Message 12 of 13
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Re: Is it safe to give my checking account and routing numbers to ebay? They are asking for it via f

Hi everyone,

 

Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread HERE if you wish to continue to discuss this topic.

 

Thank you for understanding.

Message 13 of 13
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