Paypal
Netspend PayPal KEEPING MY $750 by "limiting" my access. Linked Netspend account to blame?

Business & Finance

When I tried to add my Netspend credit card ACH information to my existing Paypal account exactly the way the Netspend website says to, Paypal locked my account. (with $750 of MY money in it for ebay items I have already mailed to my buyers)
That was Paypal's bad but, the reason I am faulting Netspend for this is because Paypal is so prominently displayed on their
website for funding options. The following letter from Paypal's account review department says why this should not be:

"As a security measure for PayPal customers, we randomly verify account information.
During a recent review of your account it was determined that the bank account you have listed is actually a prepaid or stored value credit card. Stored value or prepaid credit cards can only be used through PayPal as a credit card and cannot be added to PayPal as a bank account.

Therefore the card that you added as a bank account has been removed."

Netspend's website contains explicit instructions on how to set the funded card account up to look like a checking account to Paypal so that ACH transfers can take place. Of course you can only "deposit" money with this mechanism and not "withdraw" it.

After attempting this, all the money I had in my Paypal account is frozen (750 dollars) for over
three weeks. Paypal claims it was "suspicious activity". They will not mail me a check or let me withdraw my OWN money for things I sold and have mailed away to buyers (antique Bibles no less)


Company: Paypal
Country: USA
State: California
City: San jose
Site: paypal.com
  <     >  

RELATED COMPLAINTS

Netspend - Paypal
Netspend advertises free Paypal funding for their prepaid card but Paypal disagrees. Ripoff Austin Texas

Paypal
Paypal is a SCAM to force people into applying for credit cards they DO NOT want!

PayPal
Freezing of PayPal account

PayPal
Credit card processor technical difficulties resolving negative balances

Paypal
PayPal Inc Theft and abuse Internet

PayPal
Denies unauthorized transaction

PayPal
Ripoff unauthorized withdrawals from checking account

Betamax GmbH & Co. KG, Voicetrading.com
Betamax GmbH & Co. KG, www.voicetrading.com Accessed my PayPal account and charged $1000.60! Online Internet

Paypal
Unauthorized withdrawal by Paypal

Paypal
Paypal.com won't deposit my balance into my bank account. They took money out instead.inTERNET