Paypal sucks...
Paypal limited my account
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Paypal is good, as long as it's for small, non-biz related transactions. Even though they've never fucked me, I would NEVER trust them with more than $500.
PayPal's flexibility and lack of regulation is the reason behind all of the horror stories. They offer financial services like a bank, but they aren't, so they operate without all the rules and regulations of one; which means the amount of fraud they deal with is staggering. The only way they can begin to combat it comes at a huge cost to legitimate customers caught in the crossfire.
The amount of accounts they deal with is just absurd, even if they wanted to they could never limit or restrict accounts on a case-by-case basis.Last edited by NetHorse; 11-11-2011, 05:14 AM.┌∩┐(◣_◢)┌∩┐
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Bullshit.
I was able to accept PayPal for my member sites for about 2 years and I estimate 5% of our payments came though PayPal, it was quite popular. Then PayPal found it we were using this account for accepting payments for a porn site and they closed it and we were able to withdraw the balance immediately.Paypal are no substitute for a merchant account.
After that I set up a new account in France, kept a low profile and didn't promote it for porn related payments but had more than 2500 euros coming in in one year after selling a camera, and they locked the account and didn't accept my documents because first name wasn't exactly matching with first name on passport, then they locked it permanently and wanted me to wait 6 months for the money. I then refunded the payment for the camera back to the customer who then transfered payment to me by bank. There's 16 euro left on that account and I'll be curious what happens after that 6 month period. In the meantime I set-up a new PayPal account which I can't connect to my bank account, it only works with my credit card directly, so I can't put any balance on it, and I'm not sad about that at all....
PayPal is just one of those things we need because everybody uses it, but just do not trust them and don't keep any balance with them and don't use it for receiving large amounts, because they are dumb unreliable scum. I think most of the problems they cause really is the result of them being retarded and not having a clue what they are doing.Comment
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I have to contact 10 and more people to refund them and get the money other way so its not that easy if its not only one payment.
I am still waiting to see what paypal is going to do with my account before starting to refund people, because refunding a few will make them even more suspicious...
Bullshit.
I was able to accept PayPal for my member sites for about 2 years and I estimate 5% of our payments came though PayPal, it was quite popular. Then PayPal found it we were using this account for accepting payments for a porn site and they closed it and we were able to withdraw the balance immediately.
After that I set up a new account in France, kept a low profile and didn't promote it for porn related payments but had more than 2500 euros coming in in one year after selling a camera, and they locked the account and didn't accept my documents because first name wasn't exactly matching with first name on passport, then they locked it permanently and wanted me to wait 6 months for the money. I then refunded the payment for the camera back to the customer who then transfered payment to me by bank. There's 16 euro left on that account and I'll be curious what happens after that 6 month period. In the meantime I set-up a new PayPal account which I can't connect to my bank account, it only works with my credit card directly, so I can't put any balance on it, and I'm not sad about that at all....
PayPal is just one of those things we need because everybody uses it, but just do not trust them and don't keep any balance with them and don't use it for receiving large amounts, because they are dumb unreliable scum. I think most of the problems they cause really is the result of them being retarded and not having a clue what they are doing.Comment
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Bullshit.
I was able to accept PayPal for my member sites for about 2 years and I estimate 5% of our payments came though PayPal, it was quite popular. Then PayPal found it we were using this account for accepting payments for a porn site and they closed it and we were able to withdraw the balance immediately.
After that I set up a new account in France, kept a low profile and didn't promote it for porn related payments but had more than 2500 euros coming in in one year after selling a camera, and they locked the account and didn't accept my documents because first name wasn't exactly matching with first name on passport, then they locked it permanently and wanted me to wait 6 months for the money. I then refunded the payment for the camera back to the customer who then transfered payment to me by bank. There's 16 euro left on that account and I'll be curious what happens after that 6 month period. In the meantime I set-up a new PayPal account which I can't connect to my bank account, it only works with my credit card directly, so I can't put any balance on it, and I'm not sad about that at all....
PayPal is just one of those things we need because everybody uses it, but just do not trust them and don't keep any balance with them and don't use it for receiving large amounts, because they are dumb unreliable scum. I think most of the problems they cause really is the result of them being retarded and not having a clue what they are doing.
I think they do that shit on purpose as they make millions each month just on the interest of locked or limited accounts. There has been two class action lawsuits against Paypal for this exact thing and each time they've settled for millions of dollars but they still continue to do it because even with the settlements they still make money. This is the kind of shit no regulation gets you.Comment
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that's the reason i hate paypal... i never keep any money in it (especially not since the epass fiasco).
I have a couple of ccs attached to it and use paypal only to pay for small things i buy i.e. ebay etc....Comment
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that happened to me about a week ago... even though i've had the same paypal account since the x.com days. sent in all the docs / info online and it took about 3-4hrs to get cleared up.
I was doing a lot of transactions and was using a linked email account that I rarely use. I'm pretty sure one of the two or both was the reason for the account limit.Comment
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