81–90 of 102 posts
Earlier quoted context omitted.
(My startup) ThinkLink / FaceCash http://www.thinklink.com
Do I have to have a Social Security number and driver's license with a photo to sign up? Yes. You can use a passport as an alternative to a driver's license. I assume that means you are not operating outside of the US?
PayPal once made me refund every customer in the last 6 months. They said it was the only way to unfreeze my account. I gave them the thumbs up because I had no other options at the time, and they said, "you have to manually refund them one-by-one yourself and then call us when it is done". It was really strange. They permanently froze my account after I refunded everyone and refused to talk to me when I called. I wa…
We've been processing 5 figures a month with PayPal subscriptions for over 5 years (we've since moved to a different system but have a lot of legacy customers still on PayPal). While I've had some odd issues here and there and the user experience for clients is poor, I've never had anything close to what you've described. I have to say–either you're wrong about "your time will come" or there's simply more to your sto…
Either that or your time just hasn't come yet :)
Here is another example of how PayPal is a bit shady: Sign into PayPal to send money. If you have a credit card as a payment method and a bank account as a payment method, PayPal will auto select your bank account. That's fine, except when you change your payment method from the default bank account to your credit card. A confirmation page comes up and tries to change your selection back to your bank account. There a…
There are precious few "victory" stories over PayPal. Unlike a credit card company, if they feel they might have to dip even 1 cent into their own profits to deal with a bad transaction, they will immediately kill an account, no matter how large or how old. I simply do not understand why there are not more competitors to PayPal - don't these corporations see the billions PayPal has made (THREE BILLION profit per YEAR…
> I simply do not understand why there are not more competitors to PayPal If you read the excellent interview with Max Levchin in Founders at Work, he alludes to the fact that PayPal is really just a state-of-the-art, best-in-class fraud detection system with a payment frontend. He also says that Banks are more conservative than PayPal - in that they can't go after a business model where there is going to be fraud -…
It seems to me that deal with fraud is an important part of any bank's business.
PayPal once made me refund every customer in the last 6 months. They said it was the only way to unfreeze my account. I gave them the thumbs up because I had no other options at the time, and they said, "you have to manually refund them one-by-one yourself and then call us when it is done". It was really strange. They permanently froze my account after I refunded everyone and refused to talk to me when I called. I wa…
Here is another example of how PayPal is a bit shady: Sign into PayPal to send money. If you have a credit card as a payment method and a bank account as a payment method, PayPal will auto select your bank account. That's fine, except when you change your payment method from the default bank account to your credit card. A confirmation page comes up and tries to change your selection back to your bank account. There a…
PayPal once made me refund every customer in the last 6 months. They said it was the only way to unfreeze my account. I gave them the thumbs up because I had no other options at the time, and they said, "you have to manually refund them one-by-one yourself and then call us when it is done". It was really strange. They permanently froze my account after I refunded everyone and refused to talk to me when I called. I wa…
Interesting to read that. I thought it is only Paypal Germany whose customer service is bad. My experience with Paypal is, that they deliberately freeze my account and ask for private information and business details, that you really don't want to distribute. If I don't send them, the account remains frozen - well, I may upload money any time ;o). And indeed, Paypal also doesn't talk to me anymore. They don't close m…
(EDIT: iTunes ≠ iTMS)
PayPal once made me refund every customer in the last 6 months. They said it was the only way to unfreeze my account. I gave them the thumbs up because I had no other options at the time, and they said, "you have to manually refund them one-by-one yourself and then call us when it is done". It was really strange. They permanently froze my account after I refunded everyone and refused to talk to me when I called. I wa…
Interesting to read that. I thought it is only Paypal Germany whose customer service is bad. My experience with Paypal is, that they deliberately freeze my account and ask for private information and business details, that you really don't want to distribute. If I don't send them, the account remains frozen - well, I may upload money any time ;o). And indeed, Paypal also doesn't talk to me anymore. They don't close m…