251–260 of 536 posts
PayPal blocked us after 10 years due to a a Kafkaesque problem, where they decided that our Hong Kong company was both a Chinese company and not a Chinese company: https://www.cogini.com/blog/paypal-know-your-customer-failur...
Don't know if it is the reason for the ban, but Niteos main product seems to be a service for creating spam networks. https://www.easyblognetworks.com , https://niteo.co/projects
As I mentioned in the previous comments - we're not using PayPal to process our SaaS products.
Spam company tries to create a content marketing moment with a dog whistle headline but buries the lede that they're a spam company.
I thought a dog whistle in current popular use was a headline or sentence meant to imply something hidden, usually racist/sexist/other-ist. Like the phrase 'those people' or something like that.
How is this headline implying anything other than what it says, or is my interpretation of that phrase wrong?
Not surprised at all. We got banned too without any warning a few years ago. I wrote about my story here: https://news.ycombinator.com/item?id=11944701 Lots of people would simply think "It won't happen to me" and move on. But this is just another example that if it can happen to people using Paypal for years, it can happen to you too. It's better to offer other payment channels to customers so you can diversify. And…
I wonder if there's a potential class action suit there if you could get enough people together.
Activities Requiring Approval > Providing file sharing services or access to newsgroups;
Looks like he didn't seek approval and got flagged for it.
Niteo produce a product to produce content farms and generate spam. PayPal has done the world a favour by banning them.
Founder here. We're not processing SaaS through PayPal, as mentioned in the post: > The most interesting thing is that we’ve moved away from PayPal in the last two years and have only been receiving some minor payments and paying for a few online services. We've stopped using PayPal for our SaaS business a few years ago.
Earlier quoted context omitted.
I find this comment’s format profoundly confusing and have no idea what the intended meaning is. The first sentence is throwing me off so much.
Don't keep your money in paypal, withdraw it to your bank account as soon as you can.
Earlier quoted context omitted.
> And yes, their decision is always final. Perhaps their decision to close your account is always final, but don't lose all hope after having your funds frozen. I had 25-100k frozen (can't remember how much), and picked up the phone and called them and it was unfrozen within 48 hours. Paypal is god-awful though and should be used as little as possible.
There are lots of horror stories about Paypal, but there is an obvious problem, nobody is going out of their way to write a blog post about how Paypal always worked for them. You can find pretty much the same horror stories about any Bank or credit card company.
PayPal blocked us after 10 years due to a a Kafkaesque problem, where they decided that our Hong Kong company was both a Chinese company and not a Chinese company: https://www.cogini.com/blog/paypal-know-your-customer-failur...
Hong Kong is part of China and also not part of China. So it makes perfect sense that a Hong Kong company is both Chinese and not Chinese.
I integrated PayPal now for 12 years. No problems whatsoever so far. Just as another anecdotal data point.
Don't know if it is the reason for the ban, but Niteos main product seems to be a service for creating spam networks. https://www.easyblognetworks.com , https://niteo.co/projects
I can imagine several plausible reasons, related to potential liability, but does that mean that if we're trying to outsource business functions to specialist firms that we can't expect them to be transparent in their operations?