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admin : Tuesday, April 19, 2016, 14:36

Unethical practice by Paypal

Just wanted to vent. Interesting how paypal/ebay will take your money instantaneously but feels entitled to put a hold on your funds for 21 days.
Be aware the expectations paypal/ebay has for its client do not apply to them in kind. I am primarily a buyer. On this occasion I am a seller. Clients made instant payments when auctions closed but my paypal account has those funds in “pending” status (21 days). I would hope that a corporation as large as paypal/ebay could afford a computer like the rest of us. We live in a world of instant transactions unless you are the recipient. When I was a kid, I saved box tops and send a buck along with the tops to get that magical toy on the back of the cereal box. The 4-6 weeks wait was excruciating but understandable in a technologically challenged world. I would have thought with all this high tech garbage that permeates our society, a corporation of this size could improve on processing times.
OK… I feel better. I threatened everyone at support that I would close my account (opened in 1999 which by the way we used money orders to pay then. It was slow but when the check showed up in your mailbox you knew you could get real cash.) but i won’t close it… rather I will use local venues for sales and ebay sparingly for purchases.
Anyway, good luck. It’s a monster that holds itself above reasonable, ethical practice and the only choices are to boycott or accept the tyrannical mandates.
Didn’t this clown start ebay trying to find a way to sell his bicycle? Figured out a way to help ordinary people sell stuff. Funny where it has ended up.


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6 thoughts on “Unethical practice by Paypal
  1. Tony Storer on

    I have just spoken to a manager from PayPal called Chris. I was put through to him after one of the customer service Rep’s called robert tried to explain to me why after my item being delivered a week ago and my payment witheld for 7 days for “security reason” I then had to wait a further 72 hours for other security checks to go through. It was explained to me by Chris that because my IP address had changed on my broadband it flagged up a security risk. Now for 99% of home broadband users they are unlikely to have paid the £5.000 a month for a static IP address, and this also depends on the ISP being able to issue with a static IP address. I asked if it mentions this in their terms and conditions and he stated Quote “Not Exactly in those terms, is more general and just says PayPal can hold any withdrawal for 72 if they feel there is a general risk” So to anyone using Paypal, please make sure you 1. Never turn your router off 2. make all your transactions within the 2 weeks IP address lease time. 2. Never ever experience a power cut and cause your router to be rebooted. 4. Never log into your Paypal account from a friend or families house. 5. Never download the paypal App and use your paypal account while out and about. 6. Actually more simply NEVER USE PAYPAL again

  2. Kenneth Aldhizer on

    WHY HAS THERE NOT BEEN A CLASS ACCTION LAWSUIT AGAINST PAL. i THINK THEY ARE A BUNCH OF CROOKS. IS THERE A SIMILIAR SERVICE TO USE BESSIDES pay pal???

  3. Kenneth Aldhizer on

    THERE ARE MORE CROOKS OUTSIDE OF PRISON, (PAY PAYAL BEING ONE OF THEM_ THAN THERE ARE IN PRISON

  4. nidya on

    I’m very disappointed of Paypal, I have 4 cases ID in dispute, yet they have my money in hold in don’t released it. I despise this company. I wont buy anything trough this company ever again.

  5. Will on

    What do i do? Paypal has now 3 times put holds on my funds. Longer than 21 days. Each time i call they tell me that it is a “glitch”. Now when i email them, (after the 3rd issue) they do not respond. Its driving me crazy and they won’t let me closer my account. Help me!

  6. Bearcreek on

    We have 1075 feedback 100 percent, been with ebay since 1999 paypal since 2000 era, our daughter took over business opened new paypal account, invested her money in last of NOv 2016, selling 27 auctions, now paypal holding everything over $100 saying due to new account, must prove account, with our feedback, and the fact we ship same day sold, showing tracking and delivered no problems they hold for 21 days, now she has to return her small children’s Christmas gifts to pay for inventory and shipping of items people paid for that paypal has on hole? Is paypal having financial problems, or are they just starting to run the business making interest off our money like communist countries without having to answer legally for it? I personally hope they go bankrupt over this.

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