PayPal is this legit

[D.O.C. 989]

Just got this today, is it legit and what does it change?

Notice of Policy Updates

Dear Terry

We are updating the PayPal Account User Agreement and the Electronic Communications Delivery Policy. These changes will go into effect on March 29, 2019 and apply to U.S. PayPal customers. If you're interested in more detail, please visit our Policy Update Page.

What you'll see in the updated User Agreement for personal PayPal accounts

As a result of a new regulation issued by the Consumer Financial Protection Bureau in Washington, D.C. coming into effect on April 1, 2019, we are making some changes that will affect consumers who want to hold and use balance with PayPal. Beginning March 29, 2019, if you want to hold and use balance, in addition to verifying your identity with PayPal, you will need a balance account which will be linked to your current PayPal account. Detailed information about balance accounts (known as PayPal Cash and PayPal Cash Plus) can be found in the PayPal Cash and PayPal Cash Plus Terms and Conditions. There are no changes to any PayPal fees. We are also making two other changes: (1) we are changing the time period for providing you with advance notice about important changes to the PayPal Account User Agreement to at least 21 days; and (2) we are clarifying how and when we convert currency. What you'll see in the updated Electronic Communications Delivery Policy We are updating our Electronic Communications Delivery Policy to clarify that your consent to receive electronic disclosures under our Electronic Communications Delivery Policy applies to all PayPal branded accounts. When these changes go into effect These changes are detailed on our Policy Update Page and will go into effect on March 29, 2019. If you agree to these changes, you don’t have to do anything. If you don’t agree with these changes, you may close your account. If you close your account before March 29, 2019, the changes will not apply to you.

Thank you for being a PayPal customer. Sincerely, PayPal

[bobh4656]

I don't know for sure but it says "if you agree" you don't need to do anything.. Don't do anything

[Mark Perry]

log on to your Paypal and check your messages on your dashboard.

[munchie]

I got same message

[Ckfishin]

You could always switch to Venmo.

[catch5]

So what’s all that mean??

[billnorman1]

log on to your Paypal and check your messages on your dashboard.

Just DO NOT use "reply" to sign in.

[CatFan]

What the message says is real, but something isn’t quite right with what you quoted. It uses the word “balance” oddly. Should say “a balance” not just “balance”. I wouldn’t click any links.

[brushsjigs]

If that is from an Email,,delete it. Go directly to PayPal site.

[JHelms]

So what’s all that mean??

It means do it my way or the highway. " If you don’t agree with these changes, you may close your account."

[jiggerjake]

Got that e mail also.

[cpd500]

got it 3 time's, verified by paypal security that it is fake. delete asap

[barbarian]

log on to your Paypal and check your messages on your dashboard.

This. I have received several fake paypal emails over the years. One almost got me 2-3 years back so now if I get one that looks legit, I just sign on to paypal account and check.

[Mark Perry]

Just DO NOT use "reply" to sign in.

Which is why I said log in.

[CatFan]

The email may be fake, but the substance of the email isn't.

https://www.paypal.com/us/smarthelp/...ccount-faq3997

Also, hover over the link below or click it to see why you have to be careful with links you get sent. It's just a link to cnn

www.paypal.com

[mactlman]

scam

[Soan]

I received it and deleted it. Then went to trash and deleted permanently.

[ManxFishing]

I received mine today
Read it

[larryhyco]

I received mine today also. I deleted it