Paypal going bankrupt

JaredReabow
Contributor
Contributor

I used to withdraw my money in under 2H, it was almost instant.

Now you are delaying it for up to 72H for a review of what?

 

My best guess is paypal has gone bankrupt, the have laundered and then spent everyones money and now cannot afford to pay us when we try to take out our money like the banks did, so they are discouraging you from withdrawing money by putting it on review.

 

Watch out people, i suggest you withdraw anything in paypal they may go crash and take your cash with them.

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1 REPLY 1

VeryUpset123
New Community Member

Your message came up when I googled Is Paypal going Bankrupt. I have a different issue. Even though I did over $750,000 of business with them last year with $0 charge backs they limited my account to $50,000 a month to protect themselves. This means a 21 day hold on all business I give them over $50,000 in a given month (my high month was over $130,000). What kind of way is that to treat a customer that is making them money with close to zero risk. My **bleep**. This saves both of us around 1% and reduces my risk of loosing access to my funds. If anyone else has other suggestions I would love to hear them. Bottom line is I too would watch out, sometimes companies look solid up to the day they implode.

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