Paypal treats my money like it belongs to them
Paypal “limited” my account with no chance of appeal claiming I was selling counterfeit items and I wasn’t! The purses I was selling are 100% authentic with serial and style numbers and pictures of interior and exterior purchased here in Las Vegas! They didn’t even see the listing because it wasn’t sold on Ebay! What the hell? Why are they just allowed to do whatever they want and they treat your money like it belongs to them? The FTC should really shut them down because they are essentially stealing people’s money. NO bank can hold your money for 6 months. NO financial institution can just take 30% of your money and put it on hold because they think its the the best thing. Paypal is a criminal institution that should be investigated, audited, tried in a court of law, shut down and executives to jail!!! They’re business practices are unjust, unfair, unreasonable…no wonder they are losing so much business they had to lay off almost 500 people this week.
Similar ComplaintsLimited because my friend sent me moneyLong time ebayer & stellar record with both ebay & paypal, I’m a TOP RATED POWER SELLER. My account’s been frozen because my friend sent me money so I could Western Union it to him...
Paypal=frozen accounts and money put on holdbasically 2 years ago i was a good user of ebay, and they froze 1 of my accounts because i was selling imported phones, stupid i know but i saw pound signs as i had...
Posted: October 31, 2012 at 4:05 pm
I have been with paypal for over 3 years now and all of a sudden for security reasons they have to hold my payments for 21 days, long after the buyer has received the item. No other place where you shop online does this. The way paypal limits, freeze and hold money must be against the law. They only do it to earn interest.
i simply transfered money from my bank account to my paypal account and got limited for 180 days i was asked for a copy of a bank statement i sent it but got nowhere.wat was the point.theyre a fraud and i hope they continue to lose business