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

Stay away from Paypal Merchant Services at all costs

Last year we had client interested in paying us through Paypal. When I tried to sign our business account up with them, they connected it to my personal account. So we couldn’t go ahead with it. Now we have another client who insisted on paying this way. I selected the option of putting in our online banking info. to get “immediate” approval. Then they still showed that it would take 2 to 3 days for the approval. Finally, once the payment came in they had deducted almost 4%!!! That is huge. It’s more than any credit card processor we’ve ever used. They did not state this anywhere we saw when we were signing up. If you have a small business, stay away from Paypal Merchant Services at all costs.

Posted: January 21, 2014 at 3:53 pm

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