One of the dumbest moves in the history of PayPal! I’ve been using my business debit card for YEARS as a layer to shield my bank account and for the convenience. Literally, it’s my daily driver! The cash back benefit was nice, yes, but the convenience of use with bank backup was great! Welp, no more! And I only found out while trying to make a purchase in store today…then calling PayPal after to see what was up! How embarrassing! I can’t think of any reason to use this thing now. Transferring money just to make a purchase is very inconvenient and why would I want to?! And I’m not keeping large sums in a non-FDIC insured account—NOPE! The rep I talked to today had a real, “well, I’m sorry, Champ!” attitude about it when I complained. They cited the decision was made due to chargebacks and NSFs….HOW?! If I don’t have the money in the bank and PayPal hits it for more—they never know the difference. The bank would hit me up for a fee thanks to overdraft protection. Then it’s between me and my bank. PayPal still wins. This is just the dumbest and most inconvenient thing ever, to be honest. Now I’ve got to spend the good part of a day going through tons of accounts online to see exactly WHAT is linked to the card that’ll need to be changed before this mess causes services or utilities to be canceled…what a pain in the butt! Thanks PayPal! I see myself using their services less and less now, which is a shame because I’ve used them for almost two decades, yet their services aren’t very useful to me now with these changes. Oh well, the mighty must all fall, I suppose. Ciao!
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