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I am so over Paypal and their dysfunction

I logged into my PP account and I got the following message:
May 2, 2013: It’s been a little while since you used your account. So, we just want to make sure that you authorized some recent transactions.
Great. I thought I was going to get over this quickly: They asked me to provide some details about my latest transactions, they also asked my photo ID and an utility bill.. I told them about my transactions.. Not big deal.. I just get paid weekly by a PPD network.. and I sometimes buy services from Fiverr. That’s all. Not any eBay shit or anything like that. I also don’t sell anything. So I submitted my photo ID and today I was going to submit an utility bill.. BUT SURPRISE! I got an email from them saying:
[QUOTE]We regret to inform you that we’re initiating the closure of your PayPal
account because of certain activity that took place relating to your
account. This measure is necessary to protect us from potential financial
losses.

Your account balance during the account closure period:

This decision means we must oversee the appropriate movement of any money
currently in your account. A gradual approach to account closure allows us
to part ways, while considering any liabilities that may arise. Our aim is
to review any valid buyer claims lodged against you. We must allow enough
time for claims to be filed as these can take several months to be reported
and resolved.

How will the process work?

1. We’ll hold any money currently in your account in accordance with
section 2 below. We do this because it provides sufficient time for most
claims, such as chargebacks, to be filed by other parties. These claims can
result in financial loss. If your account balance is below zero, you’ll
have to settle the amount owing on your account to avoid further action.

2. Our first review at 30 days from the date of this email will calculate
our exposure and we’ll release any excess funds to you at that time for
withdrawal. We’ll communicate this to you at the time. This review can
result in 3 different outcomes as detailed in sub-sections 2(1)-(3) below.
We’ll always communicate the outcome of our reviews to you.

* We’ll release your entire remaining balance to you for withdrawal.
Please note that if you choose not to withdraw the money at that point we
reserve the right to re-coup any money at the next review; or
* We’ll release a part of your remaining balance to you. If this is the
case we’ll inform you about how much money can be withdrawn. We’ll then
conduct another review 30 days later that will repeat the process detailed
under section 2; or
* We won’t release any funds to you if we deem our exposure to be
greater than or equal to your available balance.

Your account may be reviewed up to 5 times; at 30 day intervals until day
180 from the date of this email. If any money remains in your account at
day 180 it will be made available for withdrawal at that point.

Accounts with a balance owing to PayPal:

If your account shows an amount owing to us, you must add funds to ensure
that the balance returns to zero. Please note that we reserve the right to
recover the amount by legal means.

A copy of our User Agreement can be found by clicking ‘Legal Agreements’ at
the bottom of any PayPal page. Our right to close your PayPal account, and
the retention of funds, are covered in our User Agreement under sections
10.2 and 10.3.

We regret any inconvenience this may cause.

Thanks,
PayPal[/QUOTE]

They just went full retard. It also says “This limitation cannot be appealed” They are SO RETARDED. Also my paypal was verified. I called their shitty customer support but yeah, the same retarded answers (I don’t even know why I bothered calling them)
I don’t get it why they did that since I only used that account to receive my payments. I didn’t sell anything (i saw that most people who get that problem are eBay sellers).
So is there a possibility that they will let me withdraw ALL my money after 30 days? Quote: [QUOTE]* We’ll release your entire remaining balance to you for withdrawal.
Please note that if you choose not to withdraw the money at that point we
reserve the right to re-coup any money at the next review;[/QUOTE] Also I had a limit of $500 that I could withdraw everyday. Will I be able to withdraw more than 500 dollars? I guess it is possible since no one will make any chargebacks or any kind of this shit since I don’t offer any services.
Also what’s a good alternative for PayPal?

Posted: May 8, 2013 at 4:42 pm


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One thought on “I am so over Paypal and their dysfunction
  1. MS on

    I HAVE A SAME PROBLEM AND QUESTION ASE ABOVE. ANY HELP, ADVICE? AND WHAT IS ALTERNATIVE FOR PP?

    Reply