Honest mistake put halt to business

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

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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!

my partner has a small shop on ebay selling cake toppers which she didn’t realise that using certain images couldn’t be used because of copyrights.
she started this shop because she can’t work because she suffers from depression & this varies from day to day how bad it can be but this year has been even harder as she lost her mum earlier on this year to cancer & now has to watch her father starting with it to.
so when she was receiving warnings about policy breaches she was not really taking it what was happening.
we tried explaining this to ebay in emails, phone calls &on-line chats but they wouldn’t listen so because of this Paypal has now also restricted the account & we have nearly £300 in there which my partner relies on to buy the items she needs continue with her business & to go a see her father
now because of this she’s turning people away who want toppers because they can’t pay with paypal.
in the 2/3 weeks things have been suspended she has turned people who emailed through ebay, that’s not including ones she doesn’t know about & she has also had to turn regular clients down from abroad who only deal through paypal
i’ve tried to contact and talking to paypal & they just said until ebay lift the restriction they can’t do anything.

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Posted: September 7, 2012 at 3:44 pm