Paypal service is the WORST we ever experienced!!!

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!

We made the payment last year, Paypal`s is holding our money to our merchant, not paying our merchant, not returning the money back to us. We have sent millions of emails and have been on phone with US for hours in the last few months (we live in Hong Kong!!!). After talking to many different customer service officers of paypal, we were finally told by their supervisor of customer service dept. Sean (extension No. 45560) that he doesn`t know what we can do and that nothing can be done from Paypal`s side! Our bank has confirmed with Paypal`s bank which is the Royal bank of Scotland many times that the RBS is holding the money which shall be paid to our merchant, but when we deal with Paypal, they said they won`t deal with their own bank, they won`t do anything!!! The money has been sitting with Paypal forever!!!!!!!! Is this how they make all the money, by stealing bits of pieces from every customer? This is the worst customer service we have ever experienced with any company on the world, unbelievable, unglaublich!!!

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Posted: February 20, 2013 at 7:28 pm