So many **bleep** off customers, paypal. A sensible retailer or service provider would take heed and address the issue rather than bleating the same stock response over and over. In my case, all that crap about funds clearing from bank accounts doesn't even apply, as I paid with a credit card attached to my paypal account, not with an instant bank transfer. There WAS no wait for funds to clear with paypal from my bank. Instead there was an instant transfer of monies from my card provider to the vendor via paypal. This transaction was refunded, and again, paypal's stock response does not apply. They state that they have to wait for either the funds to clear from the sellers paypal account back to paypal, or for an echeque from the seller to reach and clear with paypal. Now, this is bollocks of the purest sort (in general and specifically in this case), as paypal AT NO POINT advanced the purchase funds to the seller and as the forward credit transfer is instantaneous, the seller obviously has the funds available in their paypal account to cover the refund. Not that paypal are financially exposed at this point, because, as stated, they NEVER ADVANCED the funds to the seller in the first place. You see the reason for my ire, friends and neighbours. I won't go into the whole echeque thing as it a) doesn't apply in my case, b) is **bleep** anyway and c) my blood pressure can't stand it. We, all of us on this thread, know it's all lies and **bleep** anyway, why get apoplectic pointing out the minutiae of how we're being ripped off, when the thing to be **bleep** at is that we're being ripped off in the first place. Electronic banking makes all their bleating utterly spurious. All clearing periods are simply financial tools to generate ever more profit at our expense. It would be naieve to expect paypal to do the right thing and sort this blatant, fraudulent practice out and apologise, so who fancies launching a class action against paypal? Any socially/ethically minded lawyers out there? Or maybe we should bring this matter to the attention of consumer watchdogs worldwide? Or those champions of the 99%, Anonymous? Any faceless ones monitoring keyword mentions? Hey, paypal. All we wanted was not to be lied to or ripped off. Why didn't you just say "In order to keeps our costs down and make paypal the best we can, we pool certain transactions - such as refunds - together and keep hold of them for 24 hours to make a little interest - waiting that extra day for your refund isn't such a hassle when it means you get the best, most secure, trustworthy payment service in the world in return, is it?". You had to treat us all like dumb sheeples, cash cows to be milked dry. Release our money.
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