PayPal in some cases I agree for them to hold money incase of a dispute or charge back. But lots of products and services we sell or take money for are not covered by PayPal here is a list :- ************************************** Real estate Motorized vehicles Custom-made goods that are significantly not as described Industrial machinery Prepaid cards Items that violate our policies Anything bought in person (not over the internet) Send Money transactions to friends or family Disputes filed more than 180 days after the purchase for item not received and significantly not as described claims Unauthorized transaction claims reported more than 60 days after the transaction date of the transaction Items that were described accurately by the seller I add to this list DEPOSITS for goods ************************************** Now if they are not covered by this protection then I want to know two things 1. Why are they allowed to charge for the protection service that they do not cover for. 2. why do they still insist on holding the money if they are not obligated to refund it. This is a scam. I suggest a big 'ppi' angle on this as people are using PayPal for the purpose of protection Regardless of who is charged for this privilege it is money for nothing. I personally incorporate PayPal fees to the consumer so ultimately its the consumer paying for the protection. Thats protection they will not actually be covered. This I believe would warrant millions to be paid back to consumers. Thoughts??? I would also like to know why it takes days to withdraw some funds that have been released from previous holds yet on other occasions they withdraw instantly. We also pay a premium for customer support yet after many sent emails I have yet to have a human reply. All replys are automated and reiterates the crap you filter through to send the message in the first place. Also for such a huge and profitable company where is live chat? The lack of such service exemplifies how many complaints they are shying away from. If I had the money I would start proceedings.
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