Probstein - switching to ACH payments from Paypal

[kareemowheat]

Have been selling cards via consignment with probstein123 for some time and just recently received an email from them stating they're in the process of switching off Paypal, going to ACH payments for paying out proceeds. Anybody else receive this message? They're asking for bank account info (a/c #, routing #, name/address of bank, etc).....just want to make sure there may be no security concerns providing this info....?

 

[tpeichel]

Have been selling cards via consignment with probstein123 for some time and just recently received an email from them stating they're in the process of switching off Paypal, going to ACH payments for paying out proceeds. Anybody else receive this message? They're asking for bank account info (a/c #, routing #, name/address of bank, etc).....just want to make sure there may be no security concerns providing this info....?

EBay is making that change, they are not sending payments through PayPal anymore.

 

[spurstuff]

eBay making that change has slowed the payment reaching your account same day. It now takes as long as 3 days to get your payment. That sucks.

 

[kareemowheat]

This isn't really an Ebay thing, but probstein's change in policy where the consignment payments they send are changing from PayPal to an ACH payment. I just want to make sure that providing them with my bank info can't be potentially misused/abused.

 

[Letch77]

This isn't really an Ebay thing, but probstein's change in policy where the consignment payments they send are changing from PayPal to an ACH payment. I just want to make sure that providing them with my bank info can't be potentially misused/abused.

If you're unsure and don't fully trust them, open a free account at another bank and use that as your payout account.

 

[finestkind]

This isn't really an Ebay thing, but probstein's change in policy where the consignment payments they send are changing from PayPal to an ACH payment. I just want to make sure that providing them with my bank info can't be potentially misused/abused.

Call your bank about it.