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since ‎Oct-19-2020
Country: Spain
Type: Business
8tees
8tees Contributor
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50.000€ retained, after 4 months still waiting...

by 8tees Contributor in Disputes and Limitations Archives
‎Jan-28-2021 02:01 AM
‎Jan-28-2021 02:01 AM
I'm experiencing a huge problem since last October. Paypal just decided to hold my money as retained funds (50K) after a pre order campaing I did and they decided to hold my funds 180 days. Their excuse was that the hold was because it was a pre sale, OK... I delivered all the orders last December and all tracked with couriers and customers received them, so what's the excuse now? I tried a lot of times to talk with a competent person but it seems an impossible task, make understand this people anything is impossible, they don't care that they are people that needs this money for continue with his life and specially in this bloody COVID year, they simply don't care. I made transactions with my clients, I delivered the orders and paypal took my money for no reason. Also they said me today that after 180 the will start releasing the funds but not all... they will release quantities as they consider. I just called the lawyer today to suit them cause no one in paypal is taking care of my case. ... View more
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Re: Suing PayPal in small court

by 8tees Contributor in Security and Fraud
‎Jan-28-2021 01:44 AM
7 Kudos
‎Jan-28-2021 01:44 AM
7 Kudos
I'm experiencing the same problem since October. Paypal just decided to hold me 50K after a pre order campaing and hold the funds 180 days. Their excuse was that the hold was because it was a pre sale, OK.. I delivered all the orders last December and all tracked so what's the excuse now? I tried a lot of times to talk with a competent person but it seems an impossible task to make understand this people anything. So I made transactions with my clients, I delivered the orders and paypal steal my money for no reason. Also they said me today that after 180 the will start releasing the funds but not all... they will release quantities as they consider. I just called the lawyer today to suit them. ... View more

paypal is holding my money for 90 days - Any human...

by 8tees Contributor in Disputes and Limitations Archives
‎Oct-19-2020 03:13 AM
‎Oct-19-2020 03:13 AM
Hello,   I'm a company that my main business sell doing pre orders campaigns (crowfunding style). I make the pre sales, then when I have the money I pay for the production and then send the products to the customers. I'm doping this for years with 0 problems with paypal or customers. Our products have thousands of reviews on Youtube, Facebook, etc and as I said we never had any problem.   Now Paypal just hold the whole money for our next product after a really successful campaign that was about to save our year and prevent people to loose their jobs in this horrible COVID19 year so thanks to paypal policies based on 0 fundaments against us we can not pay salaries, need to contract more debt the bank and sure 3 or 4 people will loose their jobs. I hope someone in Paypal can read this and be a human person, not like the robots persons I talked by phone, they care about nothing. If this is not solved pretty soon I will make a press release saying that paypal is responsable for all the delays that we are gonna suffer, people getting fired and who knows if we will close the company. I'll share it in all our official channels, youtube videos and all our press contacts in magazines, of course we will close our paypal account as well.  First time something like this happens to us in more than 4 years working with you and you choose to kill us in the worst crisis since 1929 with no reassons. ... View more
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