Yeah. Paypal are plain street robbers. Not only they charge like you a church, but they have awful support considered that you trust them with your money. Unfortunately as a freelancer I had to use them, but I moved asap to a bank solution. Today that so many fintech startups are there, there is no reason to use them.
If you opened your PayPal account before you were 18, close it
351–360 of 396 posts
Re: If you opened your PayPal account before you were 18, close it
#352Earlier quoted context omitted.
PayPal had known for a decade that he signed up before he was 18 years old, but did nothing about it. At the time they closed his account, he was well over 18 years old so why would it matter? Besides 'a criminal record' and 'signed up for a service a bit before you were eligible' are hardly comparable.
How did they know that early that he'd signed up before turning 18? Didn't they only learn his birthdate when documentation was submitted?
As I understood the article, he only submitted documents after they'd already blocked his account.
Re: If you opened your PayPal account before you were 18, close it
#353Earlier quoted context omitted.
Also, in Europe you can just do a SEPA wire transfer. It's free with all reasonable banks, can be done from the online banking interface and takes only one business day.
I think it's free by regulation now.
No, unfortunately some banks (in Cyprus, for example) still charge. They also ignore the directive in terms of time to process transactions
Re: If you opened your PayPal account before you were 18, close it
#354Earlier quoted context omitted.
What you are describing is the way pretty much any financial institution treats their customers. A mix of heavy financial regulation, and low competition, itself largely the result of the massive barrier to entry created by financial regulation.
Not really true - there are some decent ones too.
Such as?
Re: If you opened your PayPal account before you were 18, close it
#355Earlier quoted context omitted.
I used Simple until someone cloned my debit card the day before I moved to California. Getting Simple to send a replacement card to my temporary address was virtually impossible. They make you submit two forms of proof you have a new address, there were like 7 options, and I couldn't provide any of them (bank statement, driver's license, utility bill, voter registration, etc.) I opened a new account at a bank with a…
You should have set up post office address forwarding and had your replacement card sent to your original address so it could have been forwarded.
Post office forwarding was unavailable for address at which I had been living. That is common if you've been living at a boarding house.
Re: If you opened your PayPal account before you were 18, close it
#356Earlier quoted context omitted.
> It also makes you an infant What?! No it doesn't. Infants are under one year of age. An older teenager has much more legal, financial, and criminal self-determination and responsibility than an infant does.
There's all kinds of weird and different rules/laws from country to country. For example in my country (Germany): "Minors between 14 and 18 years are sentenced by juvenile justice. An adult between 18 and 21 years may still be sentenced by juvenile justice if considered mentally immature." [0] This also means if the prosecution opens a court case against an individual that was less than 14 years of age at the time th…
Infant literally means someone younger than a year old though. The juvenile justice system that applies to teenagers is completely different, and does not apply to infants. Infants cannot be held liable for their actions at all because their brain isn't developed enough to know right from wrong, or really even what they're doing.
Re: If you opened your PayPal account before you were 18, close it
#357I bet his practice of "share money with friends and family" looks shady. I mean who sends a friend 300 bucks with a 19 dollar fee. If you do a lot of that it probably looks like drug dealing or something. Last time I bummed a few hundred from family or friends: never.
I do. I.e. my wife's sister helped my then-girlfriend-now-wife to pay for part of her living expenses when she studied. Now we, as a way of paying it forward help out her younger brother at college in similar fashion. And because sometimes I had to send him money across country border, it would look quite similar to "300 bucks with 19 dollar fee".
Re: If you opened your PayPal account before you were 18, close it
#358If ever there was a single shining example of how not to treat your customers, PayPal is it. Every year or two there is another story of a different arcane rule they have in place that is enforced with zero human consideration, oftentimes to deprive people access to their funds. They don't learn from their mistakes, nor acknowledge them in the first place. I can't think of another company that has drummed up such bad…
What can I use instead of paypal?
Believe it or not, banks often offer a secure money transfer mechanism you can use these days (finally). It only took them over a decade.
Google Wallet also works.
Re: If you opened your PayPal account before you were 18, close it
#359Earlier quoted context omitted.
Bitcoin.
Not very helpful.
You should definitely try steams bitcoin integration before you dismiss the possibility. Grab a bitcoin wallet on your phone, go buy $5 worth of bitcoin, and then use that $5 of bitcoin to buy $5 of steam credit.
It's a considerably smoother user flow than using a credit card, and it's just as fast. I think you'll be surprised and impressed.
Re: If you opened your PayPal account before you were 18, close it
#360If ever there was a single shining example of how not to treat your customers, PayPal is it. Every year or two there is another story of a different arcane rule they have in place that is enforced with zero human consideration, oftentimes to deprive people access to their funds. They don't learn from their mistakes, nor acknowledge them in the first place. I can't think of another company that has drummed up such bad…
Title should really leave out all the bits between 'account' and the comma.