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BOTNMaybe this was already posted but I found this on Paypal's site after it was referenced on CU's forum.
U.S. User Business Information
Notice Date: March 4, 2004
Effective Date: April 13, 2004
Effective May 2004, PayPal will require U.S. Premier and Business users who receive more than $2,000.00 USD a month in payment volume through PayPal over three consecutive months to provide supplemental information about their businesses including business categorization, sales venue and business URL information.
Two weeks ago I ran auctions and would not accept paypal. It was at that time I realized how convenient it is for me, as a seller, and my buyers. With all of the other inherent risks associated with using them, I am not sure that this new twist is going to work well for me. As it is they have too much information.
It may be time to offer a 2% discount for payments through the mail.