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We got banned from PayPal after 12 years of business

blog.niteo.co

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Re: We got banned from PayPal after 12 years of business

#21

Post by merb »

muttech wrote: post #7
alexandernst wrote: post #3

It's very hard to evaluate what's actually going on here. This "post" could perfectly fit in a tweet. No details whatsoever, no details about wether they tried to reach to paypal support and if they got any replies. I'm surprised this isn't flagged.

Did we read the same article? "After calling their support twice, explaining the situation and asking for a reason, we have received nothing but “the decision is final, and we will not provide more information”."

in european you can report them if they won't give a good reason, for canceling your contract. You can even complain at your national bank authority. https://eba.europa.eu/consumer-corner/how-to-complain since they are a official bank in europe they would need to give correct info.

Re: We got banned from PayPal after 12 years of business

#22

Post by LeonM »

Even though I absolutely agree that you shouldn't put all your eggs in one basket, it is ultimately the market that could drive you towards a dependency situation.

I have had a couple of customers for which I set up both PP and another PSP (such as stripe). Then it turned out that about 90% of their transactions came from PP.

So even if I set up 10 different PSPs for them, if PP bans them, they will still be out of business.

Re: We got banned from PayPal after 12 years of business

#23

Post by victorNicollet »

sschueller wrote: post #2

PayPal will also stop letting you refund the percent they take out so you will be holding the bag when you refund a customer. There is absolutely no reason to use PayPal at this point and any place that only takes paypal should be boycotted.

I dislike PayPal as much as the next guy, but I don't get this:

> PayPal will also stop letting you refund the percent they take out so you will be holding the bag when you refund a customer.

When I refund a customer, I wouldn't expect the power company to refund the electricity spent serving that customer, and I wouldn't expect UPS/FedEx to refund the delivery of that customer's package. Why should PayPal refund the costs of the customer's transaction ?

Re: We got banned from PayPal after 12 years of business

#24

Post by dingdingdang »

oftenwrong wrote: post #15
chmod775 wrote: post #4

I've been preaching this since forever. Don't rely on PayPal. They're less professional than a kid selling juice next to the road. There are no grace periods with PayPal to give you time to move to another service. There is never more than a generic reason and stonewalling when they terminate you. And yes, their decision is always final. They'll happily terminate your only source of income on a friday afternoon, free…

What alternative would you recommend? Specifically, I am interested in a method of paying independent contractors.

Yes, very interested as well, is Swipe any better? Or where do people go when both one off and subscription payments are required?

Re: We got banned from PayPal after 12 years of business

#25

Post by Fnoord »

dboreham wrote: post #19
oftenwrong wrote: post #15

Earlier quoted context omitted.

What alternative would you recommend? Specifically, I am interested in a method of paying independent contractors.

A bank?

IBAN, indeed. Bunq's fees (except for the monthly) are great.

Re: We got banned from PayPal after 12 years of business

#27

Post by cesnja »

mavdi wrote: post #20
brakmic wrote: post #10

This and similar behavior is what ultimately drives people toward decentralized solutions, like Bitcoin for example.

HN is traditionally anti crypto, but just want to point out that literally no one in this world can stop you accepting Bitcoin payments. That's the true power of decentralization.

Sure, but you can be stopped from converting that Bitcoin into usable (legal) money.

Re: We got banned from PayPal after 12 years of business

#28

Post by kasperni »

brakmic wrote: post #10

This and similar behavior is what ultimately drives people toward decentralized solutions, like Bitcoin for example.

In what fantasy world will a majority of companies go "Fine, I'm going to stop accepting credit cards, and rely solely on *Coin"?

Re: We got banned from PayPal after 12 years of business

#29

Post by cpach »

mavdi wrote: post #20
brakmic wrote: post #10

This and similar behavior is what ultimately drives people toward decentralized solutions, like Bitcoin for example.

HN is traditionally anti crypto, but just want to point out that literally no one in this world can stop you accepting Bitcoin payments. That's the true power of decentralization.

As a consumer, I would only pay with Bitcoin if it was something that I really really wanted. Usually there are competitors that will accept credit cards, so I would prefer them. Bitcoin offers nothing to me that I value.
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