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

Not being difficult. Nor am I claiming ebay isn't under the preview of enforcement. We ALL are.

I'm taking issue with the claim that Social Security numbers, literally the title of this thread(and mentioned nowhere in any of your links) are 'required by federal law'.

pburn · ‎02-12-2021

Why did you make me post all those citations if you weren't even going to read them?

espresso_warehouse · ‎02-12-2021

I didn't ask for 'all those citations'.

I asked for the federal law which requires ebay to specially harvest Social Security numbers?

annadryl · ‎02-12-2021

Since this thread has already been hijacked... it was actually about Soocial Security Numbers, which is how they might pronounce it in Canada, eh. Could that not just void it right there? Middle-Ground?

nobody*s_perfect · ‎02-12-2021

It's a key piece of information which has to be on the 1099-K.

espresso_warehouse · ‎02-12-2021

1099-k threshold is 20k.

So again, what LAW are you all referring to? Just produce the law you keep talking about. I'm not claiming it doesn't exist I am asking you to back up this often repeated claim.

espresso_warehouse · ‎02-12-2021

Thanks for being magnanimous. I'm probably just being a pedant. It's a pet peeve of mine when a bank teller tells me they can't do something 'because of federal law' but then when I ask 'which law are you referring to' they go on a rant but don't manage to produce what law they are referring to.

nobody*s_perfect · ‎02-12-2021

"What state requires SSN harvesting for sellers at the $600 level? Specifically which law in that state?"

The link to the eBay help page which details the states with lower thresholds was provided in Post #9. Here's the specific law for Massachusetts:

https://www.mass.gov/service-details/frequently-asked-questions-about-form-1099-k-notices-from-third...

espresso_warehouse · ‎02-12-2021

I'm being a pedant, and I realize that. You did answer half the question(which state) but that's a faq, not a law and it does not mention SSN or even the word Law in it.

As a business owner, I have sent out forms without SSN before. The 'required by law' thing just gets my goat. That's all.

pburn · ‎02-12-2021

@espresso_warehouse wrote:
I'm taking issue with the claim that Social Security numbers, literally the title of this thread(and mentioned nowhere in any of your links) are 'required by federal law'.

Then you didn't read this one, either:

https://www.sec.gov/about/offices/ocie/aml2007/31cfr103.121.pdf (See specifically: 31 CFR 103.121(b)(4)(i)

So I'll post the verbiage right here for you. See 31 CFR 103.121(b)(4)(i). That "identification number" is defined as a social security number or an employer identification number.

cip requirements 3a.PNG

cip requirements 3b.PNG

pburn · ‎02-12-2021

@vieuxjoyaux wrote:

My question other wise was why are some people selling Coins & paper money, gift cards & coupons, ebay motors do not have to comply?

That question has already been answered several times in this thread.

espresso_warehouse · ‎02-12-2021

Appears to be a quote from 103.121

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

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

hurryagain · ‎02-12-2021

People do not HAVE TO give out their SSN if they do not want to...they can always obtain an EIN from the IRS.

I was going to do that but after seeing an article that showed that fraudsters can use an EIN in the same way as a SSN in regards to opening lines of credit in your name, taking out loans in your name...etc... and after talking to @mam98031 to see whether she used her SSN or an EIN...she used her SSN saying that she saw the risks of either number as being relatively the same in which I agreed. Why have yet another number to worry about...another number to monitor for fraudulent activity.

But, if you feel more comfortable using another number other than your SSN - there it is.

@vieuxjoyaux

pburn · ‎02-12-2021

@espresso_warehouse wrote:
I didn't ask for 'all those citations'.

I asked for the federal law which requires ebay to specially harvest Social Security numbers?

Here's the federal law that requires eBay, as a licensed money transmitter, to obtain and verify identification numbers for each of its new enrollees into the Managed Payments program:

31 CRF 103.121(b)(2)(i)(4)(i)