PayPal
Seized Funds Over Chargeback Claim Dated 11/21/02
- 11-25-2002
- 22
PayPal stole my money and restricted my account. PayPal is a ripoff!
I just want to add my 2 cents' worth about PayPal, the biggest ripoff in the world! I logged into my account a few days ago to transfer funds into my checking account, as I do after eBay payments are made, and found that PayPal seized my funds and accused me of initiating a chargeback on 11/21/02, which I did not do. I wasn't even at home or near a computer or phone, as I was on vacation! PayPal won't even divulge the amount of the chargeback or anything!
They simply say that in order for me to fix and fully restore my account, I am to deposit an undisclosed sum of money into my PayPal account to reimburse them for some alleged chargeback they say I initiated on 11/21/02! Even if I wanted to restore my account, I could not, because PayPal doesn't say how much, who or anything!
In the meantime, PayPal has taken my funds, and I have to send the eBay customer his merchandise for free, as I don't get paid! PayPal gets paid instead! PayPal just ignores me and won't reply or anything!
I have since stopped using them, of course. Now I only accept money orders and checks for my eBay auctions. Now that eBay has bought PayPal, I will most likely quit doing business with them as well and go to Yahoo auctions instead to sell my things.
I have since taken all my money out of the checking account that I had attached to PayPal and moved it to a different account for safety's sake, plus I alerted all my credit card companies not to allow any transactions to go through with regard to PayPal.
We as consumers need to stand together and fight PayPal to the bitter end! We will win, as they are clearly corrupt, with a gangster mentality, and have no morals whatsoever! They need to be drummed out of business, and the CEOs and others need to be jailed!
CONSUMERS beware! By the way, about chargebacks? We as consumers have the right to dispute any and all fraudulent charges made on our credit cards whenever it is needed or as we want. It doesn't make a bit of difference what PayPal may say or think! Just an ending thought.
Company: PayPal
Country: USA
Site: www.paypal.com