I just got an email from what appears to be PayPal. It's something I've never seen before.
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Notification of Pending Bank Transfer
Dear Daron Rutter,
The sender of the transaction listed below has received the information necessary to complete a bank transfer to you.
It is now the sender's responsibility to take the final steps to complete the transaction. If no action is taken within 7 days, PayPal will email the sender a reminder.
If the sender does not responded after 30 days, the transaction will be automatically cancelled. PayPal cannot require the sender to complete the transaction.
You will not be able to view this transaction in your PayPal Account Overview until 3 to 4 business days after the sender completes the payment.
Amount: $7.98 USD
Shipping & Handling: $6.00 USD
Insurance: $0.00 USD
Total Amount: $41.65 USD
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This is news to me! Besides the fact that the "amount" plus "S/H" don't add up to the "total", the whole thing seems odd. Why does the buyer now have my bank info? I never released it to him, or authorized PayPal to release it to him! Is this payment going to end up in one of the bank accounts I have associated with PayPal?
I haven't changed any of my PayPal settings recently. So assuming this isn't a hoax email (which in some ways it sounds like), have I just never run into this before, or is it something new? If anyone has a link to an announcement about this "bank transfer" feature, I'd love to see it!
