PayPal is blocking our credit cards

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!

PayPal is blocking our credit cards

Paypal not only committed the crime of closing our account, but for the past several years has been maliciously boycotting ALL our credit cards, VISA, MC, AMEX from banks like JP Morgan, Chase, Wells Fargo, you name it. It is impossible for us to buy anything from any vendor that uses Paypal as a credit card processing company.

We have not committed any crime, we have never been charged with any crime, we are not under any type of investigation, we have excellent credit, yet Paypal treats us like the worse type of criminal by preventing us to engage in commerce with companies such as eBay, which we are unable to buy anything from. This is a form of commercial terrorism. Anytime we go to a vendor and try to buy something we are maliciously declined by Paypal credit card processing.

Posted: April 15, 2015 at 4:57 pm