• Potatos_are_not_friends@lemmy.world
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    1 month ago

    PayPal has a history of acting like a bank and withholding money from businesses if they don’t like it (as well as keep the money).

    Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

    Pro: they are great for consumers.

    My own personal beef with PayPal was when I sold a game console and the buyer paid using PayPal, then try to do a chargeback after receiving it. PayPal ignored my evidence and when I filed a police report and started a small claims court procedure, they relented. Which is kinda nice honestly if you’re into scamming.

    • mihnt@lemmy.ca
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      1 month ago

      Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

      They’ve been doing this crap for much longer than that. They did it to me in early 2k.

    • CptEnder@lemmy.world
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      1 month ago

      Yeah they tried something similar with my venmo. Live in NYC and run a local gaming community that regularly meets up in person. So we often do catering and run up large tabs. I paid for it all myself and my guildies just venmo’d me. Got flagged for running an illegal business because they’d send me like $2k each time we’d meetup. Luckily immediately yoinked that money to my private bank before they could freeze it and keep it. They got $0 lmao skill issue.

  • Delphia@lemmy.world
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    1 month ago

    During covid I used to play the horses with the father in law, I got a tip and put $100 on it, it won and I got $1500. When I tried to take my money out of my betting app into Paypal they froze my account, despite me putting $50 a week through them into the betting app apparently me receiving money back was cause to investigate me for fraud. It was literally impossible to find an Australian phone number to call someone and their helpdesk was quite clearly a chatbot. I got my money 3 months later.

    And that was the last time I ever used Paypal to recieve money.

    • applepie@kbin.social
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      1 month ago

      key lesson here is that possession is 9/10th of the law and that money is not really yours unless it is in cash form. even that it is technically property of the US Treasury that you are permitted to you use. The catch they can’t stop you from using cash… for now ;)

  • iAvicenna@lemmy.world
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    1 month ago

    “Not only did I not earn any money selling my bath water”

    This (half a) sentence is fucking surreal

  • IDew
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    1 month ago

    Fuck PayPal. Been donating money to creators and projects on a monthly base. Then made a single donation of like 10 bucks and they suspended my account until I provided ID or other sensitive information. And I simply just never logged back in again.

    Got a credit card to replace PayPal (which charge less lmao) and cannot complain so far.