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

PayPal Took My Account

By Anonymous

I sold an item on eBay to a Buyer “overseas”. He selected the slowest and cheapest shipping. I advised him that it would take 6-8 weeks. Long before delivery date he registered a complaint with PayPal (owned by eBay). Without consulting me PayPal confiscated my entire account (over $200). PayPal did not even wait for the delivery date or for a Tracer by Canada Post. My rating with eBay is 100% (not one negative report). The Buyer’s rating is 60% (2 out of 5 reports are negative).

So beware of PayPal and make sure to leave no money in your account. I learned too late to not trust them. My emails to them have been ignored. There is no fax number to reach them as their most rcent fax number was terminated. I wonder how many others have been ripped off like that?

My advise to everyone is to transfer your funds to your bank IMMEDIATELY following each sale on eBay.  A good alternative to eBay is  where there is NO  LISTING FEE but unfortunately they too use PayPal so once agin BEWARE.

Posted: May 7, 2012 at 11:48 am

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