eBay

vieuxjoyaux · ‎02-12-2021

Hi

I am selling a lot of stuff accumulated through the years, I am not a business. I was happy to just get things out of my house, I really have too many things.

A while ago I inquired how to stay with paypal because I did not want to give my SS# to ebay. Here is what I was told: Thank you so much for your patience. What I will do here then is to send your account information to so that you will not be transitioned for the managed payments to keep using PayPal.

Then I received an new ebay mail telling me if I do not register I will not be able to make new sell. I contacted ebay through chatand this is what I was told:

Unfortunately this will be the new process for selling items on eBay. We will now permanently cut ties with PayPal. Your listing abilities will be restricted if you will not be opted in to Manage Payments.

Im sorry but that is correct , you can only continue using Paypal if you are listing items under categories such as Coins & paper money, gift cards & coupons, ebay motors other than that there is no option to opt out.

So can any one tell why those people do not have to expose their SS#.

Thank you

does any one knows why some sells can still happen with paypal

espresso_warehouse · ‎02-12-2021

Whether I think ebay is secure enough is a different topic for me. Right now I am curious to see if someone can produce an actual federal law which requires ebay take every single seller's EIN or SSN, even before they make a sale.

So far the stuff posted hasn't really fit. I guess Pburn is trying to say ebay and PayPal are 'banks, savings associations, credit unions, and certain non-Federally regulated banks.'

But he's contradicted himself several times about that. He says Paypal isn't one of those but eBay is.

Ebay is being smart from a compliance perspective but these claims about federal law requiring social security numbers to create a listing sounds a bit absurd to me.

espresso_warehouse · ‎02-12-2021

"§103.121 Customer Identification Programs for banks, savings associations, credit unions, and certain non-Federally regulated banks."

That one?

hurryagain · ‎02-12-2021

@espresso_warehouse wrote:
Whether I think ebay is secure enough is a different topic for me. Right now I am curious to see if someone can produce an actual federal law which requires ebay take every single seller's EIN or SSN, even before they make a sale.

So far the stuff posted hasn't really fit. I guess Pburn is trying to say ebay and PayPal are 'banks, savings associations, credit unions, and certain non-Federally regulated banks.'

But he's contradicted himself several times about that. He says Paypal isn't one of those but eBay is.

Ebay is being smart from a compliance perspective but these claims about federal law requiring social security numbers to create a listing sounds a bit absurd to me.

@mam98031

Knowing you, you might be able to answer to above highlighted area.

🏆

pburn · ‎02-12-2021

Yeah, I have read §103.121. So, eBay and PayPal are which one of those?

espresso_warehouse · ‎02-12-2021

I'd asked mam about that already.

Apparently the claim is that sec reg;

"§103.121 Customer Identification Programs for banks, savings associations, credit unions, and certain non-Federally regulated banks."

Applies to ebay, PayPal and so on. Doesn't fit, but that's the most I've gotten out of Pburn.

espresso_warehouse · ‎02-12-2021

I don't see §103.121 listed there.

What does that have to do with §103.121?

hurryagain · ‎02-12-2021

@espresso_warehouse wrote:
Whether I think ebay is secure enough is a different topic for me. Right now I am curious to see if someone can produce an actual federal law which requires ebay take every single seller's EIN or SSN, even before they make a sale.

So far the stuff posted hasn't really fit. I guess Pburn is trying to say ebay and PayPal are 'banks, savings associations, credit unions, and certain non-Federally regulated banks.'

But he's contradicted himself several times about that. He says Paypal isn't one of those but eBay is.

Ebay is being smart from a compliance perspective but these claims about federal law requiring social security numbers to create a listing sounds a bit absurd to me.

@espresso_warehouse

Another thing that I have read on these boards that does make sense is that eBay is not going to run after sellers AFTER they passed a threshold to get the info that they are required to for those 1099's...that would be cra-cra. Can you imagine trying to get that info after the fact and the seller decides not be co-operative...not to to sell anymore and shut down their acct...yada yada.

The problem then would be that eBay would have been in violation of the policy b/c the seller passed that threshold and is no longer available to get the info for the 1099 that they need to be given.

...just sayin'...

espresso_warehouse · ‎02-12-2021

Sure. Much easier just to require it from the beginning and not let anyone slip through the cracks.

I'm not debating that at all. I'm not even claiming there isn't some law somewhere which 'requires' eBay to get SSN before a single transaction is made, but what I am saying is...to this point it has not been produced. Yet the claim is continually repeated.

pburn · ‎02-12-2021

Read my message #34. Money transmitters--so, both eBay and PayPal--are required to meet the "Customer Identification Program" criteria set forth by FinCEN.