- Report: #1301028
Complaint Review: PayPal - Internet
Reported By:
Mike Sanders -
San Jose, California, USA
Submitted:
Updated:
-
Author Confirmed
Why?
PayPal
Internet, USA
Phone:
(888) 221-1161
Web:
PayPal.com
Categories:
Business Rating:
(0)
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PayPal PYPL PayPal Holdings Inc. PayPal Inc. PayPal Doesn't Allow Cash Out but let's you load, No Appeal Option No reason why San Jose Internet
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I used PayPal before with no problem. I both sent and received payments and all was good, until one day out of nowhere my account had a limitation. I could have loaded monpayin to PayPal, but was not allowed to transfer or cash out. They called it a "limitation". So I call PayPal to resolve it, but the PayPal representative told me that it is on a permanent limitation, meaning there s no way I can appeal it. They just told me to use a different payment processor from now on. Any money collected from my clients I would not be able to cash out or transfer to another account.
After asking if there is anything I can do (supply documents, etc) to,possibly have this corrected as there may be a mistake. PayPal's answer was NO, there is nothing they can do. I asked why or how they came to the decision to "limit" my account permanently, and they said they can't disclose that information. PayPal said that it seems like I was associated with another account that also has a permanent "limitation", which they didnt even tell me whose account or why or how my association was with that account. So I don't even know what account that mine was associated with that caused me not to be able to take money out. Does paypal just keep the money, and why not just close my account inslimit of "limiting" it. Why do they still allow me to add my bank accounts and put moeny there when I can't do anything with it (Not even purchase outcast out). Did my customer send me money from a fradulent account? I don't know (PayPal) doesn't tell me and, if so, they should have a better way of limiting an account than not letting me get my money out from ALL the clients I received payments from. I would have understand somewhat if they did not let me get the money from that client.
i asked if there is any way I can at least find out the reason why. I told them I don't even need to know names, but how they came to the conclusion that they block me permanently without even allowing me to get my balance out. And why they Tatul allow me to put money into PayPal, but can't use it at all. I can load money, but not transfer or buy or cash out anything. They said NO. They cannot disclose that information.
Now it has me thinking that PayPal (PYPL) pulls off this type of FRAUD every once in awhile to some customers to keep their money. What a SCAM this PayPal Holdings Inc. is doing. at least they got the "Holdings" part right. They hold on to my hard earned money forever. Consumeraffairs.com has many stories of how PayPal stole from people. I can't believe this. Just watch out when using PayPal because out of the blue with no explanation provided they can keep your money and never return it. This is disgusting, are they really struggling that much as a business that caused them to resort to stealing? Criminals.
YOU HAVE BEEN WARNED. BEWARE OF PAYPAL! Thank god for other payment processing providers.
