Buying with PayPal is the most PAINFUL thing in the world

PayPal Warning

While we do not have the resources to verify each and every complaint we receive, we do believe that all reports posted here are true based on our own experience with Paypal and the growing number of corroborating horror stories we receive every day. The main subject of the majority of these horror stories is the following:

Your Paypal account can be frozen at any time, without advance notice, leaving you without your money for months (if not forever), and there isn't much you can do about it.If you would like to submit your own PayPal horror story, we would be more than happy to post it for everyone to read, providing that it is truthful and void of inappropriate language. Please feel free to submit your story by clicking Here

If you are searching for an alternative to PayPal, we strongly suggest acquiring a Real Merchant Account. CLICK HERE FOR OUR TOP PICK.

How Does PayPal Make Money With My Money?

According to the San Francisco Chronicle, there are approx. 100,000 complaints outstanding at PayPal (Are any of these yours?). In many instances disputes can run on for months leaving people frustrated and out of pocket as they are unable to access their accounts. So what happens to the millions of dollars tied up in frozen accounts and disputes? Well, here is a clip from the San Francisco Chronicle that basically sums it up:

U.S. District Judge Jeremy Fogel of San Jose refused to dismiss a lawsuit that seeks class-action status on behalf of thousands of PayPal customers nationwide. A common allegation is that the company brushes off or stalls customer grievances for months and meanwhile freezes the customer's account and pockets the interest (So that's how they make their money!). No wonder they freeze so many accounts!

I swear, buying with PayPal is the most PAINFUL thing in the world. It took me 12 times to finally my order actually ordered! I hate it when I want to buy something off of Etsy and they want me to use PayPal… it makes me want to hit my head into my laptop keyboard. All I wanted was to buy a necklace. Who would think it would take jumping through hoops (more like fire hoops…) to actually finish the order? It kept clocking me out after just a few minutes, then it was saying my number was wrong, then it was saying the security code was wrong… then it was saying I had to call American Express to activate my gift card. NOOOOOO that’s the last thing i need to hear! I hate calling customer service because 90% of the time I’m not talking to somebody in the United States! After talking to a machine for about 10 minutes, I finally spoke to someone. Thank God they spoke English, but it wasn’t very good. Then I was finally able to finish my transaction. GRRRRR I’d rather pay with a money order…

Oh and now I’ve got $3.00 in fees that PayPal has charged me. Yes, $3.00. I figured it’d be just $1.00, but somehow it charged 2 extra dollars. I know it’s just $3.00, but I was going to use the rest of the gift card to buy something else. I don’t even know if I’ll have enough. It better be refunded soon…

Posted: June 4, 2012 at 6:21 pm