PayPal requests ID post-purchase for cryptocurrency - Revision history

Tempo123: /* References */ Archive

2026-04-06T00:11:30Z

References: Archive

← Older revision		Revision as of 00:11, 6 April 2026
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	\|Description=Paypal Crypto Features		\|Description=Paypal Crypto Features
	}}		}}



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	A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article. Paypal has been contacted about this multiple times and has not responded favorably.		A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article. Paypal has been contacted about this multiple times and has not responded favorably.

	<ref>https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/</ref>		<ref>https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/ ([https://ghostarchive.org/archive/3sxWX Archived])</ref>

	===PayPal's response===		===PayPal's response===

ClippyWantsToHelp: modified the page format in order to follow the Incident article pages, as it is an incident

2026-03-03T22:11:30Z

modified the page format in order to follow the Incident article pages, as it is an incident

← Older revision		Revision as of 22:11, 3 March 2026
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	{{Incomplete}}		{{Incomplete}}
	{{~~ProductLineCargo~~		{{Stub}}
	\|~~ReleaseYear~~=~~1998~~		{{IncidentCargo
	\|~~InProduction~~=~~Yes~~		\|Company=PayPal
			\|StartDate=
			\|Status=Active
			\|Product=PayPal
	\|ArticleType=Service		\|ArticleType=Service
	\|~~Website~~=~~Paypal.com~~		\|Type=Surveillance, Privacy, Anti-consumer Behavior
	\|Description=Paypal Crypto Features		\|Description=Paypal Crypto Features
	~~\|Logo=Paypal-logo-png seeklogo-249214.png}}~~		}}
	~~{{Ph-C-Int~~}}

	~~==Consumer-impact summary==~~
	~~{{Ph-C-CIS}}~~

	==~~Incidents~~==
	{{Ph-C-~~Inc~~}}		==Background==
	~~This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}\|{{PAGENAME}} category]].~~		{{Ph-I-B}}
	==~~=Example incident one (''date'')=~~==
			==Incident==

	When using Paypal, consumers are able to create an account for cypto use without uploading a government ID. This is known as KYC or "Know your customers". While this is a legal requirement for most large financial institutions to report crypto transactinons, Paypal has used this, knowingly or unknowingly, as a means of collecting funds from unaware users.		When using Paypal, consumers are able to create an account for cypto use without uploading a government ID. This is known as KYC or "Know your customers". While this is a legal requirement for most large financial institutions to report crypto transactinons, Paypal has used this, knowingly or unknowingly, as a means of collecting funds from unaware users.
	Paypal does this by requiring less invasive information to create an account. After account creation a user is then able to purchase or transfer crypto into their account without additional screening. Paypal proceeds to block any transfers, withdrawals, or sales of crypto until much more invasive KYC is performed. Users MUST submit photos of a government issued ID or other identifying documents.		Paypal does this by requiring less invasive information to create an account. After account creation a user is then able to purchase or transfer crypto into their account without additional screening. Paypal proceeds to block any transfers, withdrawals, or sales of crypto until much more invasive KYC is performed. Users MUST submit photos of a government issued ID or other identifying documents.
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	A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article. Paypal has been contacted about this multiple times and has not responded favorably.		A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article. Paypal has been contacted about this multiple times and has not responded favorably.
	~~{{Main\|link to the main CR Wiki article}}~~
	~~https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).~~

	===~~Example incident two (~~'~~'date'')~~===		<ref>https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/</ref>
	~~...~~
			===PayPal's response===


			==Lawsuit==
			{{Ph-I-L}}

	==~~Products~~==		==Consumer response==
	~~{{Ph-C-P}}~~

	==See also==		==See also==

Sojourna: Added incomplete tag.

2026-03-02T03:21:10Z

Added incomplete tag.

← Older revision		Revision as of 03:21, 2 March 2026
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			{{Incomplete}}
	{{ProductLineCargo		{{ProductLineCargo
	\|ReleaseYear=1998		\|ReleaseYear=1998

Keith: Keith moved page Paypal purposely requests ID only after crypto purchases, effectively stealing large quantities of funds from consumers. to PayPal requests ID post-purchase for cryptocurrency

2026-03-01T19:11:38Z

Keith moved page Paypal purposely requests ID only after crypto purchases, effectively stealing large quantities of funds from consumers. to PayPal requests ID post-purchase for cryptocurrency

← Older revision		Revision as of 19:11, 1 March 2026
(No difference)

JConsumer at 03:50, 1 March 2026

2026-03-01T03:50:56Z

← Older revision		Revision as of 03:50, 1 March 2026
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	\|Website=Paypal.com		\|Website=Paypal.com
	\|Description=Paypal Crypto Features		\|Description=Paypal Crypto Features
	}}		\|Logo=Paypal-logo-png seeklogo-249214.png}}
	{{Ph-C-Int}}		{{Ph-C-Int}}

JConsumer: /* Example incident one (date) */

2026-03-01T03:39:51Z

Example incident one (date)

← Older revision		Revision as of 03:39, 1 March 2026
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	This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}\|{{PAGENAME}} category]].		This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}\|{{PAGENAME}} category]].
	===Example incident one (''date'')===		===Example incident one (''date'')===
	When using Paypal, consumers are able to create an account without uploading a government ID. This is known as KYC or "Know your customers". While this is a legal requirement for most large financial institutions, Paypal has used this ~~system~~ as a means of collecting funds from unaware users.		When using Paypal, consumers are able to create an account for cypto use without uploading a government ID. This is known as KYC or "Know your customers". While this is a legal requirement for most large financial institutions to report crypto transactinons, Paypal has used this, knowingly or unknowingly, as a means of collecting funds from unaware users.
	Paypal does this by requiring less invasive information to create an account. After account creation a user is then able to purchase or transfer crypto into their account without additional screening. Paypal proceeds to block any transfers, withdrawals, or sales of crypto until much more invasive KYC is performed. Users MUST submit photos of a government issued ID or other identifying documents.		Paypal does this by requiring less invasive information to create an account. After account creation a user is then able to purchase or transfer crypto into their account without additional screening. Paypal proceeds to block any transfers, withdrawals, or sales of crypto until much more invasive KYC is performed. Users MUST submit photos of a government issued ID or other identifying documents.
	At this point, the funds are effectively locked away and out of reach to users that do not have or wish to present the necessary documentation for various reasons.		At this point, the funds are effectively locked away and out of reach to users that do not have or wish to present the necessary documentation for various reasons.
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	Even if this problem only manifests in a small percentage of user experiences, there will be a not small number of users that lose their crypto due to this process. The amount of Crypto being effectively seized by Paypal by denying withdrawal despite accepting a deposit is sure to be large.		Even if this problem only manifests in a small percentage of user experiences, there will be a not small number of users that lose their crypto due to this process. The amount of Crypto being effectively seized by Paypal by denying withdrawal despite accepting a deposit is sure to be large.

	A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article.		A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article. Paypal has been contacted about this multiple times and has not responded favorably.
	{{Main\|link to the main CR Wiki article}}		{{Main\|link to the main CR Wiki article}}
	https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).		https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).

JConsumer: /* Incidents */

2026-03-01T03:37:20Z

Incidents

← Older revision		Revision as of 03:37, 1 March 2026
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	This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}\|{{PAGENAME}} category]].		This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}\|{{PAGENAME}} category]].
	===Example incident one (''date'')===		===Example incident one (''date'')===
			When using Paypal, consumers are able to create an account without uploading a government ID. This is known as KYC or "Know your customers". While this is a legal requirement for most large financial institutions, Paypal has used this system as a means of collecting funds from unaware users.
			Paypal does this by requiring less invasive information to create an account. After account creation a user is then able to purchase or transfer crypto into their account without additional screening. Paypal proceeds to block any transfers, withdrawals, or sales of crypto until much more invasive KYC is performed. Users MUST submit photos of a government issued ID or other identifying documents.
			At this point, the funds are effectively locked away and out of reach to users that do not have or wish to present the necessary documentation for various reasons.
			To avoid this issue, nearly all other large institutions which offer crypto purchases require the KYC upfront.
			Even if this problem only manifests in a small percentage of user experiences, there will be a not small number of users that lose their crypto due to this process. The amount of Crypto being effectively seized by Paypal by denying withdrawal despite accepting a deposit is sure to be large.

			A verifyable report of this instance is linked. This flawed system was also witnessed and tested first hand months prior to writing this article.
	{{Main\|link to the main CR Wiki article}}		{{Main\|link to the main CR Wiki article}}
	https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).		https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).

JConsumer: /* Example incident one (date) */

2026-03-01T03:20:51Z

Example incident one (date)

← Older revision		Revision as of 03:20, 1 March 2026
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	===Example incident one (''date'')===		===Example incident one (''date'')===
	{{Main\|link to the main CR Wiki article}}		{{Main\|link to the main CR Wiki article}}
	~~Short summary of the incident (could be the same as the summary preceding the article~~).		https://www.reddit.com/r/privacy/comments/188iy03/i_created_a_paypal_account_and_received_payment/).

	===Example incident two (''date'')===		===Example incident two (''date'')===
	...		...

JConsumer: This article describes a purposefully designed flawed system which causes large amounts of crypto theft by Paypal.

2026-03-01T03:19:37Z

This article describes a purposefully designed flawed system which causes large amounts of crypto theft by Paypal.

New page

{{ProductLineCargo
|ReleaseYear=1998
|InProduction=Yes
|ArticleType=Service
|Website=Paypal.com
|Description=Paypal Crypto Features
}}
{{Ph-C-Int}}

==Consumer-impact summary==
{{Ph-C-CIS}}

==Incidents==
{{Ph-C-Inc}}
This is a list of all consumer-protection incidents related to this product line. Any incidents not mentioned here can be found in the [[:Category:{{PAGENAME}}|{{PAGENAME}} category]].
===Example incident one (''date'')===
{{Main|link to the main CR Wiki article}}
Short summary of the incident (could be the same as the summary preceding the article).
===Example incident two (''date'')===
...

==Products==
{{Ph-C-P}}

==See also==
{{Ph-C-SA}}

==References==
{{reflist}}

[[Category:{{PAGENAME}}]]