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We got banned from PayPal after 12 years of business

blog.niteo.co

401–410 of 536 posts

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

#401
post #139

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

Ooof, PBNs are literal spam. They're designed to game Google by producing a deluge of low quality content with backlinks on whatever search terms you're hoping to squat on. I'm utterly sick of this kind of junk.

True, but as long as there are rules, somebody is going to find a loophole or a way to game the system. I'd personally be more concerned with Google improving their product or with society's increasing reliance on a single company's service and our unwillingness to consume information critically.

PBNs are garbagey, but trying to put them all down is unrealistic. And even if they could be stopped, it would only be a band aid fix, not addressing the real problems.

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

#402
post #189

Earlier 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?

Isn't the max loss there rather tiny? Especially if you have overdraft off on the paypal bank account. You can disconnect the account if something happens and there are fees accruing. Edit: I'm replying to a really low odds scenario, where: 1. You auto sweep all money out of paypal 2. You regularly empty the checking account it sends to You have at risk maybe $1000-$2000 in the chequing + less than $100 in fees. For…

I was inspired from a couple of videos for my "flows"/management.

This speaks about keeping 7 accounts: https://m.youtube.com/watch?v=auzLhKvsxnQ

There is a Tom Ferry (real estate guy but has some sound tips) also has on a video a VERY good flow diagram on how to distribute money in different buckets/accounts. Apologies but I couldn't find it on my phone.

I was "inspired" by the above and once I organized my accounts/flows and stopped using "single account for all" my life became so much simpler. And of course PayPal wallet is not a permanent parking space for £€¥$.

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

#403
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…

Comment below states Niteo is a spam creator, so the block seems justified. FWIW, PayPal has always worked for me and customer support gets the job done. Not sure what the problem is if your operation is legit.

Does that mean they aren't allowed to send and receive payments? Why is a middleman service in the business of determining that they shouldn't be allowed to send and receive money? Was Niteo misusing their service?

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

#404

Earlier 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?

Have a decent bank on the other end that doesn't charge erroneous overdraft and NSF fees?

I always go (and suggest to others) for the "bounced payment" (and it has never happened in my life). But banks really love overdrafts. It is a major source of income. I prefer to get an angry email and throw a freebie and sort this out than having the bank ripping me off. This way I show my counterpart that "hey mistakes happen here is your money and let me buy you dinner to show you that we are good", than having to the other person getting paid and me ebfing paying 5x that dinner cost.

Overdraft is a loan. Would you get a loan with insane interest rate and fees just to get a payment go through? Not me.

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

#405

Earlier quoted context omitted.

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.

The city state has its own currency, monetary policy and legal system, enough for the department of state to treat HK as an independent entity as far as trade is concerned. Given the vast amount of money and good flowing through through HK I find it hard to believe any established payment processor would lack familiarity with the status of Hong Kong. It looks more like a (poorly) made up excuse to ban undesirable use…

If you read the actual blogpost, it was more likely an administrative mistake earlier in the process that was then difficult to undo, and no one really giving a fuck on paypal's side.

Attribute things to incompetence before malice and all that, especially when attributing it to malice requires thinking they made a fairly odd decision to outright lie to customers about why you are ceasing doing business with them.

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

#406
post #278

Earlier quoted context omitted.

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.

No, you cannot. Federal law sets out how all banking must be done. There is always reciprocity. Since PayPal isn't regulated as a bank there is no directly applicable federal law. Instead, it's regulated on a state-by-state basis and the majority of the time you'd be hard pressed to figure out exactly who within your state you would have to file a complaint with. PayPal wants it both ways. It wants to act like a bank…

Yes, you can. Not all of these may be great examples, but the fact that this many were on the first page of a google search makes it pretty clear that this issue isn't isolated to paypal

https://www.reddit.com/r/legaladvice/comments/al27fr/bank_ac...

https://www.reddit.com/r/legaladvice/comments/basfne/online_...

https://www.reddit.com/r/personalfinance/comments/54zjq2/my_...

https://www.reddit.com/r/Bitcoin/comments/agpi87/bank_perman...

https://www.reddit.com/r/legaladvice/comments/71kk4p/chase_b...

https://www.reddit.com/r/povertyfinance/comments/8ad73p/anyo...

https://www.reddit.com/r/personalfinance/comments/9k7t1q/ano...

https://www.reddit.com/r/personalfinance/comments/4sbqv4/my_...

https://www.reddit.com/r/personalfinance/comments/9ty3fq/ban...

https://www.reddit.com/r/personalfinance/comments/7n1hhl/ban...

https://www.reddit.com/r/legaladvice/comments/ag9br2/suntrus...

https://www.reddit.com/r/legaladvice/comments/3zct1m/my_brot...

https://www.reddit.com/r/PersonalFinanceCanada/comments/8wgo...

https://www.reddit.com/r/personalfinance/comments/acr0ig/all...

https://www.reddit.com/r/PersonalFinanceCanada/comments/ajrj...

https://www.reddit.com/r/personalfinance/comments/3mxc2a/cre...

https://www.reddit.com/r/legaladvice/comments/8rb4dq/my_bank...

https://www.reddit.com/r/personalfinance/comments/92mpg8/ban...

https://www.reddit.com/r/personalfinance/comments/7un9nz/ban...

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

#407
post #382

Earlier quoted context omitted.

Many people believe that businesses and corporations have a responsibility to uphold and respect free speech as a societal virtue moreso than as a constitutional right. This isn't a crazy position given the power many companies wield over the workings of society.

Social pressure on businesses has always been a big part of capitalist societies and this pressure comes in many forms. Ultimately societies of people are far more than a sum of their economic system. Economic systems shouldn't be what defines the morality of the people in society, that comes through community, culture, media, etc in addition to the judicial systems and governments (which all capitalist economies ope…

[deleted]

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

#408

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...

> "They don't care, because it's a numbers game to them."

This sounds so similar to all other large tech companies, specially Google. Somewhere along the line all these tech companies lost user focus.

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

#409
post #138

Earlier quoted context omitted.

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

Bank wire transfers? That is how contractors are typically paid. I have never heard of anyone paid any other way here in Europe, and as a contractor myself wire transfers is the only form of payment I can accept. I guess in North America checks would work too.

In the US, a check is still pretty much the way to pay money to individuals. (Or cash for non-business person to person payments in person.)
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