Quote:
Originally Posted by TheMaster
I would rather have them give me a phone call asking me whether I did a transaction, instead of freezing the account all the time, the amount of Paypal freezes makes it useless outside the US as a reliable financial tool.
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This doesn't make sense. Consider this:
If they are doing millions of transactions a month, and if only 1% of these transactions are fraud, that is still alot of phone calls they would have to make.
And, if they suspected that your account had been compromised, the first thing they should do is suspend the account until they can verify with you, the owner of the account, that everything is ok.
If they get 100 fraudulent transactions a day and only 1 is a fake fraud, it makes much more economic sense to suspend all 100 accounts until you contact them to verify the information.
Have you seen any of the fake emails by "Paypal" asking suckers to "verify" their information? They are very well done and dupe alot of people into giving away their info to thieves.
Think of it as a SERVICE when a financial institution freezes your account for possible fraud. If you're not a frauder or doing anything wrong then you have nothing to worry about. Someone else is trying to mess with you, and Paypal is on the case to protect your money and your identity.