Billing Agreements

cpinter
Member
Member


PayPal has a system called BILLING AGREEMENTS which permits a merchant to withdraw moneys from your accounts without your authorization and without your knowledge. I understand that once you have made a payment to a merchant, he has the capability to get an authorization to withdraw funds without your consent, and you don't have to explicitly agree to this arrangement or even be aware of it. I don't know how the merchant manages this, but incredibly he does.
I am truly astonished that a solid organization such as PayPal is willing to be a party to such devious practices. I cannot believe PayPal aren't aware of the use that criminals make of Billing Agreements. PayPal are in fact complicit in the criminal activity of extortionists based in Africa, Russia and elsewhere. Paypal may not be criminals themselves, but they are criminal facilitators.

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