I received this e-mail, which I believe to be legitimately from PayPal:
Dear [my full name was here]
Your PayPal Debit MasterCard® Business Card is about to expire. We’re almost ready to mail your new card, but first we need your help. For security reasons, we can’t send your debit card to a P.O. box.
Please update your account with a physical address by June 9, 2013
Please Note – Your replacement debit card will be sent in a plain white envelope for your security. Please allow approximately 4 weeks for delivery.
Is this something new for PayPal? I can’t see what security reasons they would have for needing to send my card to a physical address – as a matter of fact, that is the most insecure method! My mailbox is on the street, and I don’t check it until I get home in the evening. Between the time the mail comes in the morning until I get home in the evening, the mail just sits there in an unlocked mailbox, and we have had a number of instances in our area of mail being stolen from mailboxes in the past few months. I receive all important mail at my P.O. Box, which is QUITE secure. None of my other cards (American Express, MasterCard, gas cards, etc.) have a problem sending cards (and bills) to my P.O. Box, so what’s up with PayPal requiring its card be sent to a physical address?