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

What exactly is a “security issue” with Paypal?

I was using Paypal to process payment for freelance work that I do. I provide software consultation and online training for software and social media. I was using a company/business Paypal account and taking my payments. I also have signed contracts from all my clients who took my services, as a proof. I have very happy clients so no chargebacks or customer complaints on that. But suddenly my account got limited and my funds were frozen. I sent email to paypal asking why? I called them several times.
They said they found some security issue with the account and have suspended it and frozen my available funds for 6 months!. We had followed all policies, did fair business and had a complaint and chargeback free account. They said it was their final decision and I would have to look for a different payment processor.

Posted: October 31, 2013 at 4:40 pm

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