From: Paypal [mailto:[EMAIL PROTECTED]
Sent: Sunday, December 11, 2005 5:33 PM
Subject: Your Account
Dear valued
PayPal® member,
Due to recent fraudulent transactions, we have
issued the following security requirements.
It has come to our attion
that 98% of all fraudulent transactions are caused by members using stolen
credit cards to purchase or sell non existant items. Thus we require our members
to add a Debit/Check card to their billing records as part of our continuing
commitment to protect your account and to reduce the instance of fraud on our
website. Your Debit/Check card will only be used to identify you. If you could
please take 5-10 minutes out of your online experience and renew your records
you will not run into any future problems with the PayPal® service.
However, failure to confirm your records will result in your account suspension.
We are requesting this information to verify and protect your identity.
Federal regulations require all financial institutions to obtain, verify, and
record identification from all persons opening new accounts or obtaining ongoing
payment services. This is in order to prevent the use of the U.S. banking system
in terrorist and other illegal activity. For these reasons, PayPal® will
utilize services provided by various credit reporting agencies to verify the
information you submit to us.
Once you have updated your account records
your pending PayPal® account transactions will not be interrupted and
will continue as normal.
To update your billing records please login
to your account by clicking here.
Thank you for your
time,
PayPal® Billing Department.
Copyright © 1995-2005 PayPal Inc. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the PayPal User Agreement and Privacy Policy.