They Should Be Banned

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!

By Ryan

You don’t have to worry about this. I have a friend who owns a website calledsucks500.com who has over 500 American Company listed as “sucks.” He, as well, has been sued twice but the final court decision was that trademark law only applies when the user is doing business as the name of the company. This site is for public discussion (like my friend’s) and is a completely legal exercise of free speech. On the other hand, the name, paypalsucks literally means “paypal is not good.”

Again, this settles the issue of name usage, which means that this site IS NOT using paypal’s trademark for its gain. Since there is no business, or verbal relationship between PAYPAL and this site or nopaypal.com, so even if they sue you, they will end up losing just like the 2 companies which sued my friend. Please forward this to your friend at paypalwarning.com. None of you guys has anything to worry about. This is free world, companies like paypal should be banned.

Similar Complaints

Criminal Shill BiddingWriter Wishes To Remain Anonymous That’s nothing! Check out what happened to this guy (a good friend of mine.) My friend was bidding on this item and someone out bid him. (not a problem so...

Should Be OutlawedBy MP UK Excellent website!! Thank you for the warnings about Paypal. Currently using them on ebay auctions, but for how much longer after reading your site through? Hmmmmm food for thought. The complaint by...

Posted: May 9, 2012 at 12:38 pm