Vulnerable Excitizens

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!

Writer Wishes To Remain Anonymous

I have been a very happy PayPal customer for over a year. For me it has been an excellent serice and PayPal has always been responsive and friendly.

I work overseas but have an address of a friend in the United States that I have used for 18 years. My credit cards and bank uses this address. I am now on holiday and had a small balance, less than 20.00 in my Paypal account. I transferred several hundred dollars into my account to send to a needy family member and at the moment that the money was successfully transfered, Paypal froze the account.

They want me to fax a bank statement and to be in the States to answer a phone call. I do not feel comfortbale to sending them a bak statement. It is none of teir business how much my balance is. It seems they can randomly decide to freeze your account. It is sad because I really liked them. I hav not recieved any helpful feedback from them. I contacted my bank and they
said I could only prevent PayPal from debiting my account by asking them not to do it. Ha ha. Anyway, if you are an expat you are quite vulnerable to a situation similar to my own.