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We got banned from PayPal after 12 years of business

898 pointsby dz0nyabout 6 years ago

67 comments

gotland_about 6 years ago
Don&#x27;t know if it is the reason for the ban, but Niteos main product seems to be a service for creating spam networks. <a href="https:&#x2F;&#x2F;www.easyblognetworks.com" rel="nofollow">https:&#x2F;&#x2F;www.easyblognetworks.com</a>, <a href="https:&#x2F;&#x2F;niteo.co&#x2F;projects" rel="nofollow">https:&#x2F;&#x2F;niteo.co&#x2F;projects</a>
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jake_morrisonabout 6 years ago
PayPal blocked us after 10 years due to a a Kafkaesque problem, where they decided that our Hong Kong company was both a Chinese company and not a Chinese company: <a href="https:&#x2F;&#x2F;www.cogini.com&#x2F;blog&#x2F;paypal-know-your-customer-failure&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.cogini.com&#x2F;blog&#x2F;paypal-know-your-customer-failur...</a>
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exabrialabout 6 years ago
The lack of customer service in the Silicon Valley is a pervasive problem.<p>* Cody Don on YouTube teaches the masses about science and regularly gets banned. His videos are rated G to PG. Despite millions of viewers and dollars of Revenue, there is nobody he can call.<p>* Uber charged $1500 to my debut card a few months ago. There&#x27;s literally nobody you can call about it.<p>* Lose your Instagram&#x2F;Twitter&#x2F;Gmail? Too bad, because it&#x27;s free, you&#x27;re treated as cattle.<p>* Oh then there&#x27;s the paying customers too: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=17431609" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=17431609</a>
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HenryBemisabout 6 years ago
Literally NO ONE wrote the below:<p>Every Friday go online and withdraw all-but-the-necessary £€$$ to your bank account (transfer wire or via card number). I do get some revenue via PayPal, and the very same day (or the next) I &#x27;download&#x27; comes it to my bank account (connected to PayPal via card) and IMMEDIATELY is shipped to another account that has all the controls to make money (relatively) unmovable.<p>I perceive PayPal as my wallet. I do keep &#x27;some&#x27; money in it but I keep the motherload away &#x27;layers&#x27; deep.<p>My money flow diagram, in the back end, includes &quot;tax&quot;, &quot;expenses&quot;, and &quot;vault&quot; (alarm Scrooge McDuck) accounts.<p>I see PayPal as the envelope that I am given the cash in. It doesn&#x27;t stay there for more than 24-48h.<p>Edit: someone below mentioned they do spam.. if e.g. USA authorities has alerted them about doing shady things, PayPal would also receive a gag order with it to a) freeze their $$$$ and b) gag them. If I was Niteo I would get my pencils sharpened and wake up my lawyers.
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deapsabout 6 years ago
My only experience with paypal was about 8 years ago. I briefly remember signing up for it roughly 2-3 years prior to that. I linked my paypal to my (older) bank account so I could purchase something. This account had about $100 in it - it was my old left over account from before I got married and got a joint account, etc. So I kept a tiny bit of money in it. I had moved about 2-3 times since opening that account - I never used the account for anything, it just sat there with money in it. It was eventually forgotten about.<p>Anyway, long story short. Someone managed to access my paypal and request a sum of money around roughly $40. That account had about $38 in it at the time. Paypal flagged the transaction as fraudulent, stored the money &#x27;in my paypal account&#x27; instead of sending it to the requester, and froze my account. But this overdrew my bank account by roughly $2. Needless to say, 2-3 years of late fees added up to a substantial amount of money - two separate accounts - one for about $280 that I owed the bank and another that was about $350 that i owed to their &#x27;overdraft&#x27; company. I didn&#x27;t find out about either until they were about 2-3 years old and in collections.<p>I realize what I&#x27;m explaining is totally my own fault for not monitoring that account and keeping it up to date, but if paypal would have either redeposited that money into my account or sent some emails, instead of freezing the assets in a holding account, I could have avoided that.<p>In either event, that left a bitter taste in my mouth, and i severed all ties with paypal and that old account at that point.<p>I had to explain this multiple times to different government and military agencies throughout my career - it still comes up on background investigations.
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peckrobabout 6 years ago
I used to help run a rather large fan convention. For our first 5 years (starting in about late 2003 or so), PayPal was the only option we offered for registering online. At the time, they were really the only option for implementing online payments easily without the complexity of a full merchant stack (and it was just me doing the programming, volunteering to help them while I was still in college). By the time we finally switched away from them, we were probably clearing $80k or so a year through them, with a very large percentage of that coming over the course of a week or so just before the event. People like to wait until the last minute. :)<p>We never had any issues, but we were very vigilant about transferring funds out of PayPal every few days just in case. We did finally stop using them, probably about 2009 or 2010, when stories like OP&#x27;s started to become widespread.<p>For us, having them &quot;hold&quot; our funds for 6 months or cancelling our account would have bankrupted us. The hotel wants to be paid on Monday after the event. Vendors need to be paid within 30 days. Things like that would have been impossible for us to do if they decided to sit on the money or can us. We were a volunteer fan convention; we didn&#x27;t have the financial cushion to withstand something like that.<p>Not to mention the fees were higher than a standard merchant account. We finally did switch to a merchant account through Elavon and, after I left, I think they switched to Stripe. Either way, they don&#x27;t accept PayPal now because the financial risk to them that could result from PayPal freezing or canceling the funds is significant.
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jpalomakiabout 6 years ago
For me as a customer, having PayPal as payment option increases the propability of purchase. Especially with one-time purchases from small vendors.<p>Reasons: No risk of credit card info misuse (by vendor), I only need username and password and I get certainly at least some kind of receipt for accounting.
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metaprotocolabout 6 years ago
Niteo produce a product to produce content farms and generate spam.<p>PayPal has done the world a favour by banning them.
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nakodariabout 6 years ago
Not surprised at all. We got banned too without any warning a few years ago. I wrote about my story here: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=11944701" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=11944701</a><p>Lots of people would simply think &quot;It won&#x27;t happen to me&quot; and move on. But this is just another example that if it can happen to people using Paypal for years, it can happen to you too. It&#x27;s better to offer other payment channels to customers so you can diversify. And if possible, move away from Paypal entirely.
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PMan74about 6 years ago
You&#x27;d hope at this stage, based on various PayPal horror stories, businesses would not need this warning.<p>&gt; Do not kid yourself – your business is never, never<p>&gt; safe with PayPal. Move away or at least have a plan B<p>&gt; in place so that you don’t lose your business over<p>&gt; their arbitrary actions.<p>They all read like riff on The Trial: you&#x27;ve been banned, we&#x27;re not going to tell you why, this is going to cost you money.
LeonMabout 6 years ago
Even though I absolutely agree that you shouldn&#x27;t put all your eggs in one basket, it is ultimately the market that could drive you towards a dependency situation.<p>I have had a couple of customers for which I set up both PP and another PSP (such as stripe). Then it turned out that about 90% of their transactions came from PP.<p>So even if I set up 10 different PSPs for them, if PP bans them, they will still be out of business.
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shams93about 6 years ago
Then if you&#x27;re an indie musician on Bandcamp they give you no option but to use PayPal however if you&#x27;re not on Bandcamp nobody is going to buy your music directly from your website anymore and for underground acts Bandcamp is better than Spotify but the whole forced use of PayPal there meant for a decade I couldn&#x27;t use Bandcamp until I got a new PayPal account after they killed the account I had had for 15 years.
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mprevabout 6 years ago
Spam company tries to create a content marketing moment with a dog whistle headline but buries the lede that they&#x27;re a spam company.
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CaptainZappabout 6 years ago
As ar as I know PayPal in Europe is a bank with a Luxembourg banking license.<p>I&#x27;m wondering if they could pull the same shitty here. Considering that any bank, which freezes your account, doesn&#x27;t provide you with any reason and actually refuses to talk to you may draw quite some ire from their respecive regulator.
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sschuellerabout 6 years ago
PayPal will also stop letting you refund the percent they take out so you will be holding the bag when you refund a customer.<p>There is absolutely no reason to use PayPal at this point and any place that only takes paypal should be boycotted.
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stakhanovabout 6 years ago
I&#x27;ve had so many bad experiences with PayPal. (One of them was having the money in a checkout-through-Paypal transaction frozen for no reason. They insisted that they would keep my money and not pass it on to the vendor if I didn&#x27;t set things straight by sending them a FAX; no other mode of communication accepted).<p>Even as a consumer I now no longer transact business through PayPal if it is at all avoidable. If I want to buy something from an online vendor that only offers PayPal, I will go to great lengths to find another vendor that offers a payment mechanism other than PayPal.
Communitivityabout 6 years ago
Others have said it, but it bears repeating. If you build on someone else&#x27;s platform for free, or cheaply, you are the product not the customer. At best, you are both product and a minor customer.<p>Paypal has a history of doing this sort of thing. I&#x27;ve seen articles about it with Google services as well.<p>This is one of the many reasons why I suggest using open standards. You could accept bitcoin or eth for payment, but that is possibly too impractical for some customer bases. There are alternative payment gateways to Paypal, but many of them have allegedly done similar things, including Stripe.<p>Here is an article with advice on selecting a payment gateway for your startup, from the folks at Chargify.
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WAabout 6 years ago
I integrated PayPal now for 12 years. No problems whatsoever so far. Just as another anecdotal data point.
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dsaussabout 6 years ago
Only after having a law firm, who we knew through an advisor contact, send PayPal’s legal department a letter did they release our PayPal balance funds back to us.<p>We were banned without explanation after being a customer for 8+ years and had our PayPal balance (not yet transferred to a bank) frozen.<p>We left a high balance with PayPal because at the time the interest rate they provided was high.<p>No explanation was given at any point and the whole process took about 3 months to get our own funds back that we needed to operate the business.
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rock_hardabout 6 years ago
Given that there is pile on of negative comments about Paypal already I figured it be nice to share that I have never had a single issue with PayPal in about 15-20 years or so.<p>Neither on my private account nor business accounts.<p>Not even with the paypal account for my burning man camp.<p>Just my 2c
WC3w6pXxgGdabout 6 years ago
Having worked at PayPal in the past (and then Braintree), both companies are a total mess internally. Basically nobody knows exactly how the system works, and every new &quot;feature&quot; is just a hack upon the existing system.<p>In many ways, I&#x27;m surprised either company still functions without massive blackouts all the time. That&#x27;s quite the testament to the founders&#x27; code, I guess.
z3t4about 6 years ago
I would guess that a clientele with spammers and black hat SEO&#x27;s could have something to do with it. Paypal network graphs probably think they&#x27;re top of some scheme.
packetpirateabout 6 years ago
I can&#x27;t imagine anyone is surprised by this. I&#x27;ve been hearing horror stories about PayPal since the mid 2000s. They&#x27;re a garbage company, and the only reason people don&#x27;t use something else is because they&#x27;re a veritable monopoly.
woofie11about 6 years ago
I lost trust in Paypal after one of the most credible, respectable organizations I knew was on the verge of going out-of-business. A lot of people made donations, myself included. Paypal froze and wouldn&#x27;t release those donations.<p>I would absolutely never, ever, ever run a business which relied on Paypal.<p>As a shopper, it works okay, though. I got scammed once, and Paypal did nothing, but the risk isn&#x27;t very high. It was probably twenty bucks or something, but if it were more, I could raise it with my credit card company.
wetpawsabout 6 years ago
I stopped using PayPal after they froze 600k on the Minecraft devs account nearly putting company out of business - you can&#x27;t imagine the worse advertisement for your service
blunteabout 6 years ago
This is a known risk with PayPal... so many similar stories.<p>However, it&#x27;s also a risk with Google and Facebook. I&#x27;m not sure if Apple and Microsoft are as bad.<p>One must assume that some automated systems are involved in these terminations because no reasonable human would slam the door and refuse any attempts of discussion or reconciliation.<p>Short of getting some significant press (here on HN where there are staff from each of these companies), one&#x27;s chances of getting a termination resolved reasonably is practically nil.<p>The problem I see is that these companies have become so large and have acquired such relative monopoly positions that they can afford to lose&#x2F;screw some customers because it&#x27;s cheaper expense-wise than managing human staff to resolve these issues. That&#x27;s not reasonable.<p>PayPal has much less of a monopoly position than Google, Facebook, and Apple do (because of the two app stores and the center-of-all-social). We know better than the use or depend on PayPal, but we have no choice but to depend on Google (Android) and Apple.<p>I really was hoping that React Native and other webbish technologies would kill the mobile &quot;app&quot; system and return the power to the people who actually create things. So far it doesn&#x27;t seem to be working that way.
pombrandabout 6 years ago
Got my Paypal account and money frozen for shipping a product that was legal to sell in the US, but not online in the UK.<p>After asking around they told me the reason, and after implementing a system that stopped orders to the UK of said product they unfroze the account.<p>Yes they could have given me a warning and been more transparent, but overall not too mad.
Fnoordabout 6 years ago
I knew someone who worked as CS rep in 2014 at PayPal, in Ireland. He told me that if people make too many claims, they&#x27;d just close the account.<p>In my nearly 20 years of usage of PayPal, I&#x27;ve a 100% success rate on all of my claims (a few, I suppose about 4 or so). I guess my buy:claim ratio is in good standing.
arielmabout 6 years ago
We use PayPal as “another” way to pay and withdraw money either weekly or when it reaches a very low set amount. It’s kind of a hassle, but if this happens at least we don’t have to worry about money we already earned.<p>In general, PayPal has been losing a lot of traction over the years, and is one of the reasons eBay spun them out a while back. Lack of “decent” support and a week to reply to a critical email just isn’t acceptable in 2019 + the UI really isn’t that user friendly when you look at Square Cash or Apple Pay in iMessage.<p>I won’t be surprised if they don’t exist within the next five years. Sure, they’re still integrated into a lot of things, but one competition becoming much bigger can change all of that quickly.<p>I don’t think they’d be missed...
ForHackernewsabout 6 years ago
This is probably 10 years old at this point, but still accurate: <a href="https:&#x2F;&#x2F;paypalsucks.org&#x2F;toon1.shtml" rel="nofollow">https:&#x2F;&#x2F;paypalsucks.org&#x2F;toon1.shtml</a>
prirunabout 6 years ago
PayPal suspended my account once when I paid $5 to the NoScript guy. I called, they wouldn&#x27;t tell me why they suspended my account because &quot;that would allow people to get around the rules&quot;, and they gave me zero warning in email or anything. Next time I went to use the account, it was frozen.<p>I don&#x27;t remember how&#x2F;why&#x2F;when it was unsuspended, or maybe I just opened a new one.<p>Not telling people what rules they supposedly broke is unreasonable, even if it lets bad guys figure out how to get around them.
chaz6about 6 years ago
I lost complete trust in PayPal after my account was compromised <i>AFTER</i> i set up two-factor authentication (annoying to this day, they still do not support U2F. I got them to credit me some of the money back, but after cancelling my cards, they refuse to close my account unless I add a new funding source so they can send the money to me. They are too stupid to give me a deadlock letter I can take to the ombudsman. I am left out of pocket because I have no way to get my money back.
jlg23about 6 years ago
&gt; The most interesting thing is that we’ve moved away from PayPal in the last two years and have only been receiving some minor payments and paying for a few online services.<p>Albeit it would be really, really nice to do so, there is absolutely no incentive for a payment provider to have someone look into a case like this when the salary of that person (for the time spent on the case) exceeds the revenue made with the customer.
teddyhabout 6 years ago
&gt; <i>We were lucky that we have moved away from PayPal for actual business revenue</i><p>Maybe that’s the real reason for the ban? PayPal might not like people not being completely reliant on PayPal, so PayPal might tend to ban those who don’t use PayPal for everything, hoping to make all potential non-PayPal users go out of business before they become large enough to be visible? Of course, this is all paranoid speculations.
scarface74about 6 years ago
What the hell? “You can’t remove your credit card or bank information from PayPal”. So even after they closed your account they still want access to your account?<p>I haven’t thought about PayPal in years, but I had forgotten about this. When I did use it, I had a separate bank account, immediately transferred from money from Paypsl to the account and then transferred the money from the linked account to another account.
mrbabout 6 years ago
And that&#x27;s why we need financial alternatives. Alternatives where third-parties can&#x27;t unilaterally decide to freeze your account, disrupting your professional and personal financial flows. Cryptocurrencies solve this specific problem, because users are in control of the cryptographic keys therefore they authorize themselves the transactions without a third party having to be involved.
qaqabout 6 years ago
I bet paypal is running some ML based service that flags accounts so the rep could not explain the reason even if the rep wanted to.
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ingeniumabout 6 years ago
This same thing happened to my personal Paypal account out of no where one morning. I hadn&#x27;t used it in over a month. My mother&#x27;s personal Paypal account (lives in a different state) was also banned at the exact same time. She hadn&#x27;t used it in months. We still have no idea what triggered it.
Legogrisabout 6 years ago
I was banned from PayPal after 11 years - because my account was initially registered when I was under 18, which is a breach of ToS. They explicitly forbid me to register again. It really came out of the blue from nowhere.<p>Luckily for me I don&#x27;t rely on PayPal so I put it in the &quot;good riddance&quot; category.
chimenabout 6 years ago
The internet is literally saturated with Paypal horror stories. Why do we still see so many tears so often? How many bad reviews does a business like Paypal has to have before people start learning from the mistakes of others and not trust them with their business?
croisillonabout 6 years ago
Is there some kind of a PayPal hall of shame listing all the similar blog posts?
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YeahSureWhyNotabout 6 years ago
LPT: Always withdraw your money from PayPal. If PayPal refunds your customer and your balance goes to negative, no worries because the collection PayPal sends you to is not connected to your social.
ezoeabout 6 years ago
Paypal doesn&#x27;t satisfy the Japanese regulation by money transfer law(資金決済法) which protect users from malicious money transfer service and alike. That tells something about their moral.
bdibsabout 6 years ago
This also happened to me. They shut down the account with no warning, and ended up holding the balance (a little over $10k) for 180 days.<p>Switched to Stripe and I haven’t been happier.
WhiteOwlLionabout 6 years ago
Does PayPal still require you to arbitrate in California? This is why auto-sweep is so useful. At most, they can only have 3 business days of your money.
whydoyoucareabout 6 years ago
Any service that favors self-designed moral and ethical values over business sense should be ditched quick and now. Yes, this is PayPal.
simonebrunozziabout 6 years ago
What&#x27;s the best alternative to Paypal today?
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miguelmotaabout 6 years ago
Hope people learn that vendor lock-in can be a terrible experience when stuff like this happens. Always have alternatives lined-up.
modzuabout 6 years ago
i&#x27;ve always assumed paypal was software and hence why they were so profitable -- those decisions, appeal processes, everything is all automated. you&#x27;re sending emails complaining to... the email server.<p>actually thats a growing business (bots to handle your customer service) which simply programmatically enforce a contract. it&#x27;s terrifying.
joeblauabout 6 years ago
My question to the op is: Where were you for the few years of posts when other people wrote the same thing, yet you stuck with PayPal?<p>It feels like people don’t want to actively move their payments processor and no amount of blog warnings are going to change that. The one thing I will say is that the growing amount of responses of teams that have similar experiences should be worrying to PayPal.
jedbergabout 6 years ago
PayPal spends a lot of money on lawyers to make sure that no state or country considers them a bank. The reason is so they can avoid banking regulations.<p>If they were subject to regulations, they wouldn’t be able to freeze your account without warning, nor hold your money for 180 days.<p>As they say internally: “we don’t make money by letting people have it back”.
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S_A_Pabout 6 years ago
So from what I can gather, niteo is a SAAS. For Paypal to ban them in what is a pretty non controversial business, they must have commited one of the following offenses:<p>1)Breach this user agreement, the PayPal Acceptable Use Policy, the Commercial Entity Agreements (if they apply to you), the PayPal Cash and PayPal Cash Plus Account Terms and Conditions (if it applies to you), or any other agreement between you and PayPal;<p>2)Violate any law, statute, ordinance, or regulation (for example, those governing financial services, consumer protections, unfair competition, anti-discrimination or false advertising);<p>3)Infringe PayPal&#x27;s or any third party&#x27;s copyright, patent, trademark, trade secret or other intellectual property rights, or rights of publicity or privacy;<p>4)Sell counterfeit goods;<p>5)Act in a manner that is defamatory, trade libelous, threatening or harassing;<p>6)Provide false, inaccurate or misleading information;<p>7)Send or receive what we reasonably believe to be potentially fraudulent funds;<p>8)Refuse to cooperate in an investigation or provide confirmation of your identity or any information you provide to us;<p>9)Attempt to double dip during the course of a dispute by receiving or attempting to receive funds from both PayPal and the seller, bank or card issuer for the same transaction;<p>10)Control an account that is linked to another account that has engaged in any of these restricted activities;<p>11)Conduct your business or use the PayPal services in a manner that results in or may result in; -complaints; -requests by buyers (either filed with us or card issuers) to invalidate payments made to you; -fees, fines, penalties or other liability or losses to PayPal, other PayPal customers, third parties or you;<p>12)Use your PayPal account or the PayPal services in a manner that PayPal, Visa, MasterCard, American Express, Discover or any other electronic funds transfer network reasonably believes to be an abuse of the card system or a violation of card association or network rules;<p>13)Allow your PayPal account to have a negative balance;<p>14) Provide yourself a cash advance from your credit card (or help others to do so);<p>15)Access the PayPal services from a country that is not included on PayPal&#x27;s permitted countries list;<p>16)Take any action that imposes an unreasonable or disproportionately large load on our websites, software, systems (including any networks and servers used to provide any of the PayPal services) operated by us or on our behalf or the PayPal services;<p>17)Facilitate any viruses, trojan horses, malware, worms or other computer programming routines that attempts to or may damage, disrupt, corrupt, misuse, detrimentally interfere with, surreptitiously intercept or expropriate, or gain unauthorized access to any system, data, information or PayPal services; Use an anonymizing proxy; use any robot, spider, other automatic device, or manual process to monitor or copy our websites without our prior written permission; or use any device, software or routine to bypass our robot exclusion headers;<p>18)Interfere or disrupt or attempt to interfere with or disrupt our websites, software, systems (including any networks and servers used to provide any of the PayPal services) operated by us or on our behalf, any of the PayPal services or other users’ use of any of the PayPal services;<p>19)Take any action that may cause us to lose any of the services from our Internet service providers, payment processors, or other suppliers or service providers;<p>20)Use the PayPal services to test credit card behaviors;<p>21)Circumvent any PayPal policy or determinations about your PayPal account such as temporary or indefinite suspensions or other account holds, limitations or restrictions, including, but not limited to, engaging in the following actions: attempting to open new or additional PayPal account(s) when an account has a negative balance or has been restricted, suspended or otherwise limited; opening new or additional PayPal accounts using information that is not your own (e.g. name, address, email address, etc.); or using someone else’s PayPal account; or Harass and&#x2F;or threaten our employees, agents, or other users.<p>These terms run the gamut from being bad with money (negative balance) to criminal. That is a wide swath of terms to action against you or your business, and leave plenty of room for arbitrary ban hammers to be wielded. I can agree that there are way better and safer ways to accept payments these days, and it seems PayPal hangs on with name recognition, and not by merit of it being the best choice.
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dreamcompilerabout 6 years ago
Why is PayPal not yet regulated as the bank that it is?
qwerty456127about 6 years ago
This is a great example why need ctyptocurrencies so we could just pay without relying on any 3rd party. People who run around yelling ctyptocurrencies are for drugs only should think about this.
PaulHouleabout 6 years ago
My wife got kicked off PayPal in 2005 because of a password problem. Maybe she could have reactivated it by sending a fax, she never did. Since then she asks me to buy stuff on ebay.
intrasightabout 6 years ago
Paypal? Seriously? I&#x27;ve no sympathy.
brakmicabout 6 years ago
This and similar behavior is what ultimately drives people toward decentralized solutions, like Bitcoin for example.
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chaostheoryabout 6 years ago
Good thing there&#x27;s Stripe
instaheatabout 6 years ago
So what should we use? Stripe?
chmod775about 6 years ago
I&#x27;ve been preaching this since forever.<p>Don&#x27;t rely on PayPal. They&#x27;re less professional than a kid selling juice next to the road.<p>There are no grace periods with PayPal to give you time to move to another service.<p>There is never more than a generic reason and stonewalling when they terminate you.<p>And yes, their decision is always final.<p>They&#x27;ll happily terminate your only source of income on a friday afternoon, freeze your funds, then laugh at you as you scramble to get an alternative up and running.<p>Don&#x27;t build on PayPal. It&#x27;s no foundation at all.
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tbarbugliabout 6 years ago
Stripe
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zer0faithabout 6 years ago
Never trusted these folks are that guy lost his 1 letter twitter handle.
vinniejamesabout 6 years ago
Great reason to switch to cryptocurrency
chiiabout 6 years ago
paypal has no business in regulating what software their customers are allowed or not allowed to sell. Even if it&#x27;s spam creation software. If it&#x27;s not illegal to sell, it should not be blocked by paypal. If the software is spam and is bad for society, let society introduce a law to ban the software, the same way you can&#x27;t sell drugs using paypal.<p>This moral policing by businesses is bad for society - and lets businesses dictate more than they ought to be able to.
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alexandernstabout 6 years ago
It&#x27;s very hard to evaluate what&#x27;s actually going on here. This &quot;post&quot; could perfectly fit in a tweet. No details whatsoever, no details about wether they tried to reach to paypal support and if they got any replies. I&#x27;m surprised this isn&#x27;t flagged.
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TheOtherHobbesabout 6 years ago
PayPal badly needs to be hit with an anti-trust suit. This behaviour is clearly harming end-users, and there are no alternative choices that won&#x27;t result in a huge hit to turnover.<p>Thus, de facto anti-consumer monopoly.
gamblerabout 6 years ago
Yes, I too want banks and payment providers to act like moral authority for all their clients and freeze funds and close accounts with no explanation or recourse whenever an entity does something I don&#x27;t like. This will totally make things better and not be relentlessly abused after the practice is normalized. Who needs a stable society anyway.
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