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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

#511

Post by Lowkeyloki »

dwaltrip wrote: post #504
Lowkeyloki wrote: post #502

Earlier quoted context omitted.

I don't see how that's relevant to this particular problem.

I read your comment as suggesting that certain actions aren't a good use of time or that they shouldn't be done because they don't fully solve the problem. I understand the dissatisfaction with half-measures. But I would argue as long as the actions have a meaningful impact and there isn't a promising alternative, it is still worthwhile.

I get that, but you can waste all of your time baling out water, or you can plug the hole.

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

#512

Post by village-idiot »

1337biz wrote: post #458
dwaltrip wrote: post #456

Earlier quoted context omitted.

I just googled PBN. It looks like it is a black-hat, completely inauthentic SEO tactic that has no legitimate value. Why on Earth or you defending them? Am I missing something?

Because if what they are selling does not break any laws PayPal should not ban it. Or do you don't want PayPal to treat the world as their app store and pick and choose which software or service they find ok to sell.

The idea that companies cannot exercise any authority over their own product beyond what is explicitly forbidden by law is silly.

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

#515

Post by efrafa »

gdy wrote: post #465
alasdair_ wrote: post #366

Earlier quoted context omitted.

I ad a similar issue when parts of Ukraine were invaded by Russia and my Ukranian developers were suddenly "Russian" developers.

Could you possibly elaborate on this? What kind of problem have you had?

US has embargo on Crymea

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

#516

Post by marcosdumay »

astura wrote: post #489
marcosdumay wrote: post #430

Earlier quoted context omitted.

If every payment processor worked like this, this story wouldn't be here.

Are you kidding me? For one example, see American Express's Merchant Operating Guide https://icm.aexp-static.com/Internet/NGMS/US_en/Images/Merch... See section 10.2 Prohibited Merchants. There's a whole list of them. Here's a select few: Multi-level Pyramid Sales, Prostitution, Payday Lenders, Timeshares, Gambling, Virtual Currency, Escort Services and Non-Licensed Massage Parlors, Mortgage Payments.

American Express does not take people's money under trust. No payment processor does that, it's a bank thing.

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

#517

Post by linuxftw »

mcv wrote: post #499
linuxftw wrote: post #493

Earlier quoted context omitted.

In the states, most debit cards look exactly like credit cards.

If they are just as insecure as credit cards, then I can understand they're a poor choice. But why doesn't the US use more secure bank cards?

The current setup seems to favor the card network providers / banks. There's not really an incentive to change. Why it's like that in the first place? IDK.

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

#518

Post by vsl »

mcv wrote: post #499
linuxftw wrote: post #493

Earlier quoted context omitted.

In the states, most debit cards look exactly like credit cards.

If they are just as insecure as credit cards, then I can understand they're a poor choice. But why doesn't the US use more secure bank cards?

There’s no such thing as a “bank card” you talk about. It’s called “debit card” and is the exact same thing, with the exact same baseline security.

What is confusing you is probably that European banks push 3D Secure really hard, so most online transactions are further verified, and that chip&pin cards and online readers are prevalent - the same thing Americans call “Apple Pay is supported”.

All that works on debit OR credit cards.

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

#519

Post by _pmf_ »

kristianc wrote: post #342
_pmf_ wrote: post #165

Earlier quoted context omitted.

Nobody disagrees that this is what you have to do in PayPal's current state. The debate is to whether you should have to do it, or whether, given that it walks and talks like a bank, PayPal should nationally and globally be treated as a bank.

A bank that suspected money laundering or suspicious activity would be expected to behave in exactly the same way. Any regulated entity would.

> A bank that suspected money laundering or suspicious activity would be expected to behave in exactly the same way.

How many lawyers do you think a bank will have to retain to deal with the flood of preliminary injunctions they would have to deal with if they locked accounts at will?

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

#520

Post by CaptainZapp »

downandout wrote: post #487
ginsuown wrote: post #486

Earlier quoted context omitted.

> The issue here is that this company did not violate PayPal's TOS Untrue. Often the exact breach is legally prohibited from being publicly shared, but if a company is banned, then a TOS breach has happened. There is an unbelievable amount of red tape and compliance within every process, both digital and human, that occurs with regards to money and transactions. Especially in the fintech space, PayPal internally is b…

First, no company is ever “legally prohibited” from telling you what specific section of the TOS they allege that you violated. Second, with regard to PayPal not closing accounts on a whim, it happens literally everyday. See http://www.paypalsucks.com/ and countless other sites like it. Even the BBB lists nearly 8300 complaints against PayPal in the last 3 years - https://www.bbb.org/us/ca/san-jose/profile/payment-pr…

That implies that the spammers tell the truth.

Let's just say that their credibility seems a bit sketchy.

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