I've had a Pay Pal account for about 4 years with absolutely no problem and plan to continue using Pay Pal.
However lately it has become the target of PHISHING where "official looking" emails come saying they're going to suspend the user's account, blah, blah, blah ..... if you DON'T UPDATE YOUR PERSONAL INFORMATION ..... and they so courteously supply a link for you to do just that.
Am putting this email received this morning below so anyone reading this blog can get an idea of WHAT NOT TO RESPOND TO.
Instead if you have a Pay Pal account simply launch your browser and go to https://www.paypal.com/ , plug in your sign in information and check it for yourself.
PHISHING has become so common that I've gotten emails to update bank account with banks I don't and never have had an account with ...... so crooks will try anything no matter what you do on the net.
SPOOF PHISHING "PAY PAL" EMAIL which you NEVER click the link on, NEVER reply to. Simply delete.
Pay Pal NEVER sends out emails like this asking you for personal information. Have forwarded many Spoof emails to them which reply with just that information.
__________________"Dear PayPal Valued Customer,
PayPal is committed to maintaining a safe environment for its community of buyers and sellers. To protect the security of your account, PayPal employs some of the most advanced security systems in the world and our anti-fraud teams regularly screen the PayPal system for unusual activity.
We are contacting you to remind you that on May, 28, 2006 our Account Review Team identified some unusual activity in your account. In accordance with PayPal's User Agreement and to ensure that your account has not been compromised, access to your account was limited. Your account access will remain limited until this issue has been resolved.
In order to secure your account and quickly restore full access, we may require you to verify or update your Personal Information.
If you choose to ignore our request, you leave us no choice but to temporary suspend your account."