PayPal recent change(s)

Discussion in 'Coin Chat' started by zenlib, Aug 29, 2022.

  1. zenlib

    zenlib Member

    Although I consider myself a Luddite, I have a question about PayPal and actually did a search here on Coin Talk. Then I remembered why I became a Luddite. I shoulda known that I would get a zillion hits with an inquiry about PayPal. I actually tried to narrow down my search but 25% of infinity is still a large number.
    Anyway, effective 31 Oct PayPal will no longer allow transfers between business and personal accounts. However, the wording seems to indicated that transfers are different from purchases. This seems logical if people are using business accounts to send money to their friends or the converse. I am concerned about purchases since I do use PayPal for ease with coin dealers both here in the U.S., Canada, and Europe. Can anybody straighten me out on this? Thanks.
     
    NOS likes this.
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  3. baseball21

    baseball21 Well-Known Member

    You’ll still be able to make purchases. They’re basically just removing the options to avoid their fees
     
    serafino and ldhair like this.
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