Does anyone else have this problem? Been using Paypal since 2010 to get funds from my clients. Recently, Paypal is requiring to link a bank account in order to withdraw funds from my Paypal account. I have a linked credit card to my paypal account that I used for years to withdraw cash until this day.
I just wonder why Paypal demands a linked bank account if a linked credit card has been working fine. The last withdrawal I did was just Feb 7 2016 and it went fine. I have difficulty securing funds to create a bank account (I am from the Philippines) and Paypal was the only way I can get my wages. Also, majority of the banks in my effed country is UNABLE to link to Paypal.
I am at loss and please someone help.
Can anyone enlighten me on what is happening? I hope someone from Paypal will reply on why they want a linked bank account when a linked credit card worked fine for years. I did not receive even a notice nor a quick response through email.
Thanks for your thoughtful responses, it is greatly appreciated.