PayPal fees, $2,500 #paypal

Share it with your friends Like

Thanks! Share it with your friends!

Close

johnsfinancetips

Comments

@warhammerchieftain9795 says:

Yeah, thankfully i live in the EU. They would rip Paypal a new one….

@phuccuongngo2958 says:

Thatโ€™s why stop using paypal. That company is worse than alternatives in every possible way. Canโ€™t grasp why we still allow it to exist

@erindwyer3051 says:

I don't think I can talk to customer service….Holy Shit!

@FuckYourFeelings914 says:

That's not legal at all๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

@animalhouse8849 says:

Yeah, it's a good idea to read those terms. It's common knowledge.

@Mike-up4hl says:

So can the bank. Dodd-Frank 2010

@tatewind3632 says:

Always remember!

PayPal, CashApp, and Venmo and not FDIC insured and do not have to follow many of the same laws traditional banks do

@littlefitterfitness3411 says:

Once this hit i closed my account. Told them they dont get this option from me.

@non-ofyo-business3399 says:

Sounds like paypal is making an exit scam but legally.

@user-gu2ee4fi2y says:

This real this happened to me everyday I had $92 taken out of my account tell it went -$1000 and my bank couldnโ€™t do anything

@steelheart4137 says:

Then at the end of the day they can quite easily be sued for discrimination. I really hope we donโ€™t forget what these companies have been doing when we get an actual leader in the White House

@carmenolivieri8949 says:

Wow, thank you for that piece of information.

@corym.m.3084 says:

Who uses PayPal as a bank account count ๐Ÿ˜‚

@johnrico7382 says:

So they get away with stealing money just because they put it in the policy that they can

@anz-plus says:

I have a business account I hardly ever use. So, they were holding my money $600 that was received by my family until it cleared after 21 days because it was above limits or some BS.

Anyways, I chose to refund the money by bank account back to the source, as soon as it was processing the locked funds were released, so I quickly transferred that to my account and allowed the direct debit refund to fail, and it did.

Poor PayPal didn't see me getting around that one did they ๐Ÿ˜

So moral of this story is, even though PayPal told me the funds were locked for 21 days, this was the simplest way to hack the system.

@jasonficcone2605 says:

Another instance is twitch donations. The donator has up to 6 months to claim a refund.

@averageactionhero says:

Then what to use Alternatively if you do business online

@kevinbelcher8490 says:

Last time I checked if there was a "policy" then it should be public so basically it looks like PayPal was allowed to steal $2,500 because they "deemed something you violated their policy" I guess I am trying to understand it after my dad had his PayPal account hacked by an employee of PayPal money stolen from him and even though that person was caught and had to pay my dad back PayPal Banned my dad from ever having a PayPal account ever again

@raymitchell9736 says:

Wait… What? Intolerance to what? Like lactose intolerance? Do they monitor me for intolerances that have no definitions or ideas that I had them, do they get to do that randomly and repeatedly? And did I unknowingly agree to have my phone tapped too? I thought these kinds of business practices were deemed illegal? I'm rethinking PayPal now. Too bad I was enjoying the convenience.

@DIProgan says:

PayPal gave zero ducks when I was scammed even though they could have reversed the transfer. Never again

@KrazieJedi420 says:

This sounds like a lawsuit…

@conniec1678 says:

Closed my account

@Sin_Falimus says:

Hope I didn't already agree to whatever that was

@Veemon657 says:

That won't hold up in Court since there is no defined tos violation

@AndyPhu says:

yep, I removed my checking account and debit card as soon as I heard about this. if they charge my credit card I will just dispute it. get fucked paypal.

@twt9623 says:

This is plainly an attack on PayPal.

@avatarrabbi says:

No wonder why PayPal stock is in a free fall!

@Fredpotts says:

If you now participate in PayPal, you are an idiot. I got out about a year ago… I guess that does not prove I'm NOT an idiot…….

@Unko-nowfm3fj says:

Im deleting my account

@kittenlovesappleseeds5592 says:

this us basically legal robbery

Write a comment

*