This website is a collection of horror stories, news reports and other information addressing problems with Paypal, Inc..

21 day hold doesn’t work when you try and run a business

My biggest complaint with PayPal is their uncompromising position on “holding” my funds for 21 days and then charging 3%+ for processing payments! Like most, I’m trying to run a screen printing and vinyl sign business; Sometimes I NEED access to funds that are locked by paypal to purchase equipment or supplies. But, paypal could not care less – they want to make sure the “customer” is completely satisfied before releasing any funds – BS! They are getting paid interest on that money as it sits in their account – who do they think they are fooling????

Posted: February 27, 2014 at 7:27 pm

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