All this, plus, Peter Thiel founded it. So you know, a priori, that it sucks.
so did Musk ....
If you opened your PayPal account before you were 18, close it
141–150 of 396 posts
Re: If you opened your PayPal account before you were 18, close it
#142Earlier quoted context omitted.
> something sane like a bank transfer FTFY. Zero fees, zero megacorps taking their cut, zero social graphs in the US growing a few extra tuples
in the US wire transfers cost about $30 per transfer, international cost about $50. If you're transferring to another customer in the same bank then they're free but I've never had that luxury. Were you referring to bank transfers to same bank customers? Because I've never heard of zero fees for bank transfers
They are free in some European countries. I've had friends from elsewhere who were shocked that a wire transfer wasn't free and typical in the US.
Re: If you opened your PayPal account before you were 18, close it
#143Don't deal with any payment system you can't sue in small claims court.
Speaking of which, why can't this be resolved that way?
PayPal's customer contract forces arbitration. Although you can opt out within 30 days after sign-up. That has to be done by paper mail, to make it maximally inconvenient.
[1] https://www.paypal.com/us/webapps/mpp/ua/useragreement-full
Re: If you opened your PayPal account before you were 18, close it
#144Interestingly, this article just tanked from 6th to 38th according to hnrankings.info, maybe I've found a conspiracy for my next Medium article.
What you've likely observed is the "overheated discussion detector" algorithm kicking in: this submission has received a relatively large number of comments in a short period of time. If you have a concern or questions, I recommend contacting the mods via the Contact link in the footer.
> "overheated discussion"
That's the most polite synonym for "flamewar" I've ever heard. I'm going to use that.
Re: If you opened your PayPal account before you were 18, close it
#145I can't think of a legal reason for this policy. Normally, one must be 18 years old to enter into a contract, so the policy of preventing users under 18 from using the service is rational. However, if a user under 18 turns 18 years old during the contract, the contract is "ratified" and becomes valid and enforceable. It's as if they were 18 years old all along. So, there is no legal reason for Paypal to terminate accounts for people who enter into the contract under 18 yet turn 18 during the contract period.
Re: If you opened your PayPal account before you were 18, close it
#146Earlier quoted context omitted.
What you've likely observed is the "overheated discussion detector" algorithm kicking in: this submission has received a relatively large number of comments in a short period of time. If you have a concern or questions, I recommend contacting the mods via the Contact link in the footer.
> "overheated discussion" That's the most polite synonym for "flamewar" I've ever heard. I'm going to use that.
It is nice, isn't it? I picked it up from 'dang:
https://hn.algolia.com/?query=%22overheated%20discussion%22%...
Re: If you opened your PayPal account before you were 18, close it
#147Earlier quoted context omitted.
What's the alternative?
Square Cash is absolutely fantastic, and extraordinarily easy to use. The mobile app is great. You can even send money to someone who doesn't even have a Square Cash account yet, by simply emailing them, cc'ing cash@square.com, and putting the dollar amount in the Subject: line. That's it. You can't beat it.
They shut down the email address unless you were grandfathered into it :(
Re: If you opened your PayPal account before you were 18, close it
#148Earlier quoted context omitted.
> something sane like a bank transfer FTFY. Zero fees, zero megacorps taking their cut, zero social graphs in the US growing a few extra tuples
in the US wire transfers cost about $30 per transfer, international cost about $50. If you're transferring to another customer in the same bank then they're free but I've never had that luxury. Were you referring to bank transfers to same bank customers? Because I've never heard of zero fees for bank transfers
I've transferred money between my Union Bank and USAA accounts multiple times for free. Wire transfers will get you, but if you do a regular transfer, it's usually free
Re: If you opened your PayPal account before you were 18, close it
#149Re: If you opened your PayPal account before you were 18, close it
#150It was long obvious to me that PayPal is one of those "good while it lasts" entrprises. As in, you should factor in from the day one that they might stop working with you at any random moment. They never contributed towards any other image. (I wonder if you can sue them in locales where they're legally a bank)
Banks really aren't that much better. My employer is based in the US, and it took around 3 weeks for their bank to setup the wire transfer to pay me here in Europe.
As such they sent my first pay cheque via Paypal. As it was a large amount my account was limited, but after uploading the documents and a quick phone call (their phone support are a lot better than their email and chat support), my funds were unfrozen.