How many ways can one get screwed by PayPal?

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!

Over a DOZEN screwings from PayPal siding with customers buying NEW products on eBay, damaging them, & then claiming they were “defective out of the box”… (TOTAL BULL!)

Also overseas buyers requesting or CHOOSING cheapest shipping methods, & then claiming “Never Received”.

Found out PayPal REQUIRES a TRACKING # (via USPS Express Mail, UPS or FedEx) & holds seller responsible for delivery from moment of sale till item is in the buyer’s hands.

In each case, buyer’s FALSE CLAIM was immediately refunded… often wiping out my PayPal balance of funds… ($50-200+ each time!)

They NEVER ONCE answered with anything but off-point, USELESS FORM EMAILS!! ALL CALLS REFUSED!!

“PAYPAL SUCKS” is putting it VERY MILDLY!!!

Similar Complaints

I got so screwed by paypalI had PayPal investigate a non-delivery of some digital goods I purchased. The seller turned out to be a scammer, and must have cleared his PP balance so PayPal couldn’t get the funds back. Their...

Seller Screwed By PayPalBy Dave PayPal screwed me as a seller! I’m in the UK and I sold a buyer an electronic item delivered via email for £100. A month later the buyer filed a completely false complaint...

Posted: October 9, 2012 at 6:12 pm