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Paypal mafia is what they are called, 5 owners stealing innocent peoples money! After 8 perfect years of selling using Paypal as my provider and making them money and being on their VIP list, without notice or reason, they permanently closed my account and banned me from ever using paypal again. I called many times to ask why as this was my livelihood, they wouldn't answer me! I had a good sized balance that I thought would be given back to me after 6 month waiting period only to find they took my whole balance, in my book that is absolutely stealing! I am now in low income living and have lost my business because of their immoral standards. When reading feedback from other customers, they had similar horror stories, so this new kind of mafia has made millions off of innocent, hard working people.
Paypal, the Bible states that you cannot make money off of other people's misery!
Well, I guess i;m lucky after 2.5 months, they found and I copy and paste..
"Because of your consistently good performance, we're removing your account's rolling and minimum payment reserves."
So why the hold in the first place? They shut me out for 2.5 months with NO explanation. The no explanation or to be able to get a hold of someone that doesn't have to read off a cue card is troubling , especially for doing this as a business account. Like i said before I had not one issue in 17 years. I cannot trust them now.
the algorithm is broken.
the resolution system is broken.
any of the agents you talk to can only repeat a handful of scripted responses and have no power to actually help you and have no knowledge of your individual case.
I came here just to delete my personal data because its showing up on web searches for my name and I cant even do that.
sorry, we are out of luck.
They rely on the fact very few people are wealthy enough to challenge them in court, especially after their money and indeed livelihoods have been taken away.
Aside from the incompetence and contempt they have for the customer, which are after all commonplace in the banking world, the number of bugs on their site is staggering. It's like a pre-alpha release of the software. Clearly the underlying algorithms are just as buggy.
I transfer money out of Paypal within hours of it arriving, because I don't trust them to hold onto it for a minute. Luckily I have the ability to accept payments via credit and debit cards using another provider, because if I had to rely on these clowns there's no way I could run a business.