Is there some kind of a PayPal hall of shame listing all the similar blog posts?
http://www.paypalsucks.com/ was the place long ago. I don't know about recent stuff.
We got banned from PayPal after 12 years of business
311–320 of 536 posts
Re: We got banned from PayPal after 12 years of business
#312Earlier quoted context omitted.
How does that protect against them erroneously withdrawing large sums from your account and hitting you with overdraft or repeated NSF fees?
Yea I was wondering this too. In the case of something like an eBay transaction, can't PayPal pull the funds from your bank to appease a buyer?
The only account I let PayPal know anything about is dedicated to that purpose and nearly always has zero dollars in it.
Re: We got banned from PayPal after 12 years of business
#313paypal has no business in regulating what software their customers are allowed or not allowed to sell. Even if it's spam creation software. If it's not illegal to sell, it should not be blocked by paypal. If the software is spam and is bad for society, let society introduce a law to ban the software, the same way you can't sell drugs using paypal. This moral policing by businesses is bad for society - and lets busine…
> paypal has no business in regulating what software their customers are allowed or not allowed to sell
This is industry-wide policy and is mandated by the brand (Visa/Mastercard/etc.) Sometimes a brand will enforce a payment processor to suspend a merchant account because of violations. In case of a payment facilitator (like PayPal), failing to comply would result in suspension of payment processor's master account.
Even Stripe (which I believe is a PSP) prohibits some business from using their platform[1] (although Stripe is willing convince brand/acquirer on behalf of a merchant if they have compelling reasons).
[1]: https://stripe.com/blog/why-some-businesses-arent-allowed
Re: We got banned from PayPal after 12 years of business
#314Earlier quoted context omitted.
Is there any law or regulation that requires institutions that handle money handling services to be transparent in cases like this or with any right to recourse? (In any country) What happens if a multinational organisation based in one country has that right but doesn’t in another - but it’s a single PayPal account - could they get reinstated that way?
In the US, yes, if the organization is legally considered a bank. I believe that PayPal is not considered a bank, but I'm not sure on the specifics as to why.
Paypal Europe has a banking license.
Re: We got banned from PayPal after 12 years of business
#315Then if you're an indie musician on Bandcamp they give you no option but to use PayPal however if you're not on Bandcamp nobody is going to buy your music directly from your website anymore and for underground acts Bandcamp is better than Spotify but the whole forced use of PayPal there meant for a decade I couldn't use Bandcamp until I got a new PayPal account after they killed the account I had had for 15 years.
Longest sentence ever, upvoted.
Most uses of the word "Bandcamp" in single sentence. Upvoted.
Re: We got banned from PayPal after 12 years of business
#316Earlier quoted context omitted.
> Reasons: No risk of credit card info misuse (by vendor), I only need username and password and I get certainly at least some kind of receipt for accounting. It's a shame virtual cards never got more traction through the CC industry. For those who aren't familiar, some banks/cards offer you a tool that let's you set an arbitrary spend and expiration date (+2-12 months usually) and then generate a credit card number…
https://privacy.com/
Still has an arbitration agreement, unfortunately.
For something small or temporary, I might overlook it. For something that has direct access to my bank account, no go. They need to accept some liability if they want that level of access to my financial life.
To be fair, Paypal has an arbitration agreement too. But, if you're using Paypal as justification for your own policies, that's not exactly a strong starting position.
Re: We got banned from PayPal after 12 years of business
#317Yes, I too want banks and payment providers to act like moral authority for all their clients and freeze funds and close accounts with no explanation or recourse whenever an entity does something I don't like. This will totally make things better and not be relentlessly abused after the practice is normalized. Who needs a stable society anyway.
Re: We got banned from PayPal after 12 years of business
#318I'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…
"Don't rely on PayPal. They're less professional than a kid selling juice next to the road."
I am constantly surprised that in this age businesses are still surprised by PayPal shenanigans. I remember coming to the same conclusion almost 18 years ago.
Re: We got banned from PayPal after 12 years of business
#319Then if you're an indie musician on Bandcamp they give you no option but to use PayPal however if you're not on Bandcamp nobody is going to buy your music directly from your website anymore and for underground acts Bandcamp is better than Spotify but the whole forced use of PayPal there meant for a decade I couldn't use Bandcamp until I got a new PayPal account after they killed the account I had had for 15 years.
Longest sentence ever, upvoted.
Without that second 'had' it would have been too close to call.
Re: We got banned from PayPal after 12 years of business
#320Earlier quoted context omitted.
I guess that I was trying to say is: don't assume that people have credit cards. In many countries credit cards are uncommon.
Credit / Debit cards are the same thing online. We, as is USA people, use the terms interchangeable often. I'm going to guess that most EU people have some form of banking card. So we will continue to assume that people have a form of payment other than cash.
> Credit / Debit cards are the same thing online.
No, they are not. With a credit card you can pay by entering the card number, expiry date and CVC. With debit card you can't do that. The payment must go through your bank. It's a completely different payment flow.