Hi everyone,
I keep getting emails from PayPal asking me to decide whether I want to keep money in my PayPal balance. For example, the latest one says "Every time you receive money through PayPal, it goes directly into your PayPal balance. It's always your choice what to do next. Choose the option that works best for you and your business." Option 1 is "Use it to send and spend," which requires that I confirm my PayPal account information by October 28. Option 2 is "Transfer it to your bank." Then there's a button that says "Choose Your Option."
I always transfer the money to my bank, so I want to choose Option 2. But when I click on the "Choose Your Option" button, there doesn't seem to be a way to choose Option 2. I can either confirm my account (Option 1) or click on a button that says "Transfer to bank." That takes me to the "Transfer money" page. But I don't have any money to transfer right now.
After going through this process several times, I've been ignoring the emails. However, because PayPal seems so insistent that I need to make a decision by October 28, I'm a little concerned. Does anyone know what will happen if I don't choose Option 1? I hope I can keep using PayPal as I always have, by transferring money to my bank within a day or two of receiving it. Or should I choose Option 1 just to stop these annoying emails? That requires giving PayPal my Social Security number, which I see no reason to do. Thanks for any advice you can give.
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