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

Hacked PayPal Account

By Max Watson

I think that your site is biased. My experience with Paypal was fine until a few weeks ago, when my account was hacked and money was taken. I immediately phoned Paypal – the money was returned and my account put on hold until i managaed to change my password.

Paypal is regualted by the Financial Services Authority (UK) and that serves as a backup incase Paypal get it wrong. Having used paypal for 4 years – i’ve had no problems – and i think you exaggerate heavily certain points. Paypal will not hold your funds for no reason. Usually its to prevent you spending it while an investigation is carried out. I think you need to point out the good things about paypal – like their seller protection policy.

Posted: May 7, 2012 at 12:39 pm

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