Unsatisfactory Efforts

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 Terry Macmanus

I want to tell you of my last unsatisfactory transaction with PayPal. I sold goods on EBay – I have a spotless and long standing record with them. I allowed payment through PayPal – I was paid, confirmed by PayPal. I shipped the goods to an international destination and all was well. About a week later PayPal “reversed” the payment and said they were investigating it. All my queries were answered by an auto reply and bore no resemblance to the questions I asked.

They have now advised me that they have paid back the money to the person who paid me. I dont have the goods, I dont have the money and I cannot get any reply from PayPal and absolutely no reason is given for their thievery. Any request to EBay for help – as their owners, is bounced back to me.The person who paid me is not answering my emails and as far as I know there is no dispute as to the goods they received. In fact that could not be a reason anyway because PayPal reversed the payment before he client could possibly have received the goods.

Can anyone offer me advice as to what I can do please.

Terry