Screaming At PayPal

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

f 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!

By Elliot Koh

So, i have used PayPal for nearly 4 year, no problems… That is until now, where i find myself out of pocket and screaming at PayPal. It seems these people are so unprofessional and careless with peoples money !! Who do they think they are ?

I sold an item on eBay and sent it to the buyer (in Denmark). The big mistake i made was not sending it through a traceable method, however i DO have a proof of posting to prove the item was sent. I also checked with the buyer (and also stated clearly in the auction) that unless you cover the cost of sending this item via a traceable method you will have to accept liability for any loss in transit !

So, the item was sent and the seller claimed, only after a few days, that the item was never received ! So i stated that i had proof of posting and said that was your liability – you accepted that risk.

Well in the meantime the buyer contacted PayPal and filed a complaint

An email was sent to me asking for all the information i had on posting and i supplied all the information i had BUT the, and without my knowledge a FULL refund was given to the buyer ! – Did i miss something ?

I gave them proof of posting, i have 20+ verified transaction on PayPal and over 200 positive feedback on eBay which is 100% positive and the buyer has 1 positive feedback on eBay and no PayPal verified feedback ! How can they automatically do this without either further investigation or consideration and most of all without my authorisation !

DISGUSTING ! I am appealing, but with a company like this, i doubt they care!