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

PayPal The Giant Beast

Writer Wishes To Remain Anonymous

From what I am reading, everybody seems correct about this thing about Paypal limiting accounts. I have had several experiences with them limiting my accounts. Whenever they see a good chunk of money in the account, they will then limit it. Example; if you just sold a item on Ebay for $300. As soon as that $300 hits your Paypal account, you need to transfer the money to your bank account right away. Don’t wait. If you wait to transfer the money, you will lose your money in the limiting game that Paypal plays to make money. Never, never, and I mean never keep money in the Paypal account! Paypal has tried several times to burn me out of thousands of dollars. I have been lucky that I have been able to suck it out of the account qucik enough before they limit it. One suggestion that works sometimes too….. is refund your buyer the money if your account is limited and ask them to send you a check or money order. All of us together sharing stories and ideas can and will win against this giant beast that is out to steal money from honest people.

Posted: May 8, 2012 at 12:46 pm

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