Electronic Delivery Policy

[ShariK2010]

Got e-mail saying: To continue to receive information about your account electronically—including your account statements—you must accept our Electronic Communications Delivery Policy, Can't find link to accept.

[Farmerland]

Opened my account and was asked to agree with the policy or my account would be closed in December. I presume that

agreeing to this policy means that Paypal will no longer be sending me a paper statement in the mail. Am I correct ?

Thank you for your help !!!

[Toobad2012]

This Electronic Communication Delivery Policy (E-sign disclosure and consent)                                                

 I have the right to chose to do both I like because the what if factor when the email go down

 How in the **bleep** I'm going to pay my bills online when the enternet crash. plus the credit card company will charge everybody late fee. not today people paypa will lose I will right a check and mail then the bill .

 when I pay them off I will close this account. the going to happen. sooner or later.:smileyvery-:

[leiasolo]

Hello everyone:  Here is the link to answer your question:  https://cms.paypal.com/us/cgi-bin/?cmd=_render-con​tent&content_ID=ua/esign_full

According to PayPal, this is legit and has to be agreed to by everyone, whether you are a buyer or a seller -- it describes how PayPal delivers their communications to you electronically.

This is not a spam error or anything like that or for phishing.  I thought it was at first, but when I called PayPal and they assured me that it was for everyone, not only for buyers, but for sellers too, then I was reassured to go ahead and to agree to this.  The message came across when I tried to log into my PayPal account, and I had to agree to it before I would go into my account.  If I didn't, then the same message would come to me every few weeks or so until I would have to agree to it.

[mickeyd]

this may be liget but whats up with this 1099 business sounds like there giving us the BUSINESS

[DETRob]

Yes That is correct!!!!!  they are trying to force us to go paperless not only will i close my paypal account if they force this on me I will look into whether or not I can sue them for this this is total bull**bleep** !!!!!!!!!!!!!!!! and I will look into how legal this actually is with the Feds. I am furious!!!!!!!

[mickeyd]

seems like they are feeding us to the wolfs with 1099 forms to the IRS

[THOMASD]

The Federal Government in Washington DC needs your money. PayPal and other credid card banks now will have to send the IRS a 1099K form detailing your transactions on line for selling. This is to make sure sellers on Ebay are reporting their sales as income on the Income Tax forms. PayPal will report sellers gross sales only which includes shipping and refunds. So a lot more record keeping is needed if an audit to show sellers expenses were not income. More than 200 sales and more than $20,000 is exempt from the 1099K but PayPal may report all your sales  to trigger the 1099K  to the IRS. Maybe stop selling if you get to the minimums. Never a break from the Government. Government ALWAYS in your face and in your pocket. Cant do anything in this country without a tax. TAXED ENOUGH ALREADY!  

[Alwayslost]

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@THOMASD wrote:

The Federal Government in Washington DC needs your money. PayPal and other credid card banks now will have to send the IRS a 1099K form detailing your transactions on line for selling. This is to make sure sellers on Ebay are reporting their sales as income on the Income Tax forms. PayPal will report sellers gross sales only which includes shipping and refunds. So a lot more record keeping is needed if an audit to show sellers expenses were not income. More than 200 sales and more than $20,000 is exempt from the 1099K but PayPal may report all your sales  to trigger the 1099K  to the IRS. Maybe stop selling if you get to the minimums. Never a break from the Government. Government ALWAYS in your face and in your pocket. Cant do anything in this country without a tax. TAXED ENOUGH ALREADY!  

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  Are you saying anything over 200 sale transactions and/or more than $20,000 in sale paypal will report it to the IRS? Where did you come across this information? I'd like to take a look at it.

[Manifestao]

I know! Who's the idiot wastin our time like this?