ArbiterPay Security Flaw

[BillyMac]

We service about seventy high schools in our local area. Three years ago, one high school used ArbiterPay. Last year a second school signed on. We have a total of four high schools using it this season. It's the wave of the future, and our state interscholastic sports governing body says that we have to sign up with ArbiterPay to receive our fees from these schools, and any future schools, that choose to use it. There's no choice on our part. We're independent contractors and they can pay us any way they (the schools) want to.

So I signed up this year, figuring I'm going get an assignment at an ArbiterPay high school eventually. Giving ArbiterPay my Social Security Number was one thing (we've been filling out W-9's for years at most schools (I hate it when they leave the forms on the scorers table)), but I hesitated when ArbiterPay asked me for my checking account number. But, like our state interscholastic sports governing body said, we have no choice, so I gave them the information that they wanted. Should I lose sleep over this?

[Mark Padgett]

Originally Posted by BillyMac

but I hesitated when ArbiterPay asked me for my checking account number. But like our state interscholastic sports governing body said, we have no choice, so I gave them the information that they wanted. Should I lose sleep over this?

I have a friend who, a few years ago, was in a similar situation. A company who was going to send him pay for work he was doing as an independent contractor asked for his account number so they could do direct deposit. He went to his bank, opened up a savings account with $20 (their minimum), gave that number to them and then, whenever he got paid, would just make a withdrawal and put the money in his regular account.

[The_Rookie]

Originally Posted by BillyMac

We service about seventy high schools in our local area. Three years ago, one high school used ArbiterPay. Last year a second school signed on. We have a total of four high schools using it this season. It's the wave of the future, and our state interscholastic sports governing body says that we have to sign up with ArbiterPay to receive our fees from these schools, and any future schools, that choose to use it. There's no choice on our part. We're independent contractors and they can pay us any way they (the schools) want to.

So I signed up this year, figuring I'm going get an assignment at an ArbiterPay high school eventually. Giving ArbiterPay my Social Security Number was one thing (we've been filling out W-9's for years at most schools (I hate it when they leave the forms on the scorers table)), but I hesitated when ArbiterPay asked me for my checking account number. But, like our state interscholastic sports governing body said, we have no choice, so I gave them the information that they wanted. Should I lose sleep over this?

Call me old school..but I am a cash and carry kinda guy...I will take a check at the table thank you very much!