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Good riddance, PayPal

elliotjaystocks.com

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Re: Good riddance, PayPal

#261

Post by kahawe »

reitzensteinm wrote: post #35

The customer service angle sucks, no question, and I'm worried about getting into similar trouble (I sell downloadable games via PayPal). But I actually think holding an issues worth of revenue in reserve is a decent enough compromise. If the company goes bankrupt before an issue ships, for whatever reason, PayPal themselves are going to be on the hook for refunding every single payment, as well as chargeback fees th…

At least here in Europe, PayPal is registered and acts as a bank. How much would you enjoy your bank denying you access to your last paycheck just because "who knows what might get billed to your account"...?

Re: Good riddance, PayPal

#262

Post by EAT-THE-RICH »

davidmarcus wrote: post #148

Hey, everyone — I'm David Marcus, and I've been running PayPal for the past 5 months. Hard for me not to comment on this thread. PayPal brought a lot of goodness to millions of merchants, and hundreds of millions of users around the world. But yes... as the company grew exponentially we were met with growing pains. And developers, merchants, and consumers sometimes had to pay the price for it. I still want to stress…

too late, mate, paypal must die. for you, mister, it is not the time to play marketing games with the people you have betrayed - it is time to go into prison. your company has destroyed too many lifes of innocent people to give you a second chance - all you fincial scum guys will go to prison, and you will be happy to be there, in a safe place, where nobody can chop of your head if you leave your office in the dark of the night...

Re: Good riddance, PayPal

#263

Post by CamperBob2 »

rmc wrote: post #236
CamperBob2 wrote: post #186

Earlier quoted context omitted.

To accept your statement that I'm "wrong," I'd need to see some examples of false business fronts that were not obviously bogus from day 1. On eBay, yes, it was pretty easy to play the "Sell a bunch of stuff for 99 cents and then pull the big scam" game. But none of the widely-publicized cases where PayPal has basically attempted to wreck the lives of startup founders fall into that pattern. These people have all had…

Selection bias. You do not see all the times paypal has successfully frozen an actual criminal organisation (i have no idea the numbers). If paypal's accuracy was 99%, then there would be 1 innocent startup squashed for every 99 successful defections. Do you think paypal need 100% accuracy?

At the end of the day, letting criminals dictate how you do business with legitimate customers is not OK.

Simple due diligence will either eliminate the genuine criminals, or it will not. If five minutes' worth of due diligence by humans fails, then so will any conceivable AI algorithm.

Re: Good riddance, PayPal

#264

Post by bugmenot »

Just close your accounts now.

Paypal and it's parent company ebay are notorious liars! They are also well known for abusing their members with ridiculous requests for info which cannot possibly be provided, and doing whatever they can to snatch and grab the money.

One other thing, they have a crew of hideous paid shills who's job it is to harass anyone speaking out against them. These shills know no boundaries when it comes to what they may try to do.

Paypal has a horrible reputation!

If they ever do change, you can open your account back up then.

Re: Good riddance, PayPal

#266

Post by thomasyuen »

davidmarcus wrote: post #161
propercoil wrote: post #158

Earlier quoted context omitted.

I don't know if this post is legit but if it is then you must know that currently: 1. your api is by far the most hated one in the space. the only good thing about it is the sandbox. 2. there were many instances where you were greedy ( diaspora, wikileaks). Alot of stories in IM forums that you freeze money from vendors and never return the money ( to either side). 3. tens of thousands vendors are waiting for stripe…

this post is legit (see my last tweet to confirm it to citricsquid). Trust me, I know about this. And this will change. What we have in store is really good, and I know it will take time to rebuild our credo with the dev community, but we're committed, and again... you will like what you will soon see.

David, I used Paypal in the past. but last year, I said goodbye with PAYPAL. Paypal still hold my money about $20000 dollar and never released to me more than 365days. it is legal for PAYPAL, when not even your bank is legally allowed do that?

Re: Good riddance, PayPal

#267

Post by thomasyuen »

David, I used Paypal in the past. but last year, I said goodbye with PAYPAL. Paypal still hold my money about $20000 dollar and never released to me more than 365days. it is legal for PAYPAL, when not even your bank is legally allowed do that?

Re: Good riddance, PayPal

#269

Post by thomasyuen »

davidmarcus wrote: post #148

Hey, everyone — I'm David Marcus, and I've been running PayPal for the past 5 months. Hard for me not to comment on this thread. PayPal brought a lot of goodness to millions of merchants, and hundreds of millions of users around the world. But yes... as the company grew exponentially we were met with growing pains. And developers, merchants, and consumers sometimes had to pay the price for it. I still want to stress…

David,

Amazon like Paypal, there have also same problems, could you forward my comments to Jeff Bezos.

Good riddance, Amazon. Amazon Hold my seller account: amtopsellers about $11552.78 dollar forever and refuse to release to us. Amazon have all the power of a bank and yet none of the responsibility.

From my experience and that of others who’ve suffered the same, it’s clear that Amazon are interested in buyers, not

sellers. Amazon hold money amounting to thousands — literally thousands and thousands and thousands — from sellers without

any valid reason, when not even your bank is legally allowed do that? (I’ve expanded on this point in this comment.) AMAZON, you are the scourge of the internet.

Please see :

http://joeyuen.posterous.com/good-riddance-amazon

Re: Good riddance, PayPal

#270

Post by mtrimpe »

kalleboo wrote: post #185
mtrimpe wrote: post #31

Earlier quoted context omitted.

As Auguste mentioned already, it's all about lacking direct debit for international customers. I'm from the Netherlands and if you're a freelancer here you need to provide income statements for 3 years before you can get a credit card. That meant that until last year I couldn't buy a thing with Google Wallet or Amazon Payments without asking my family for a credit card. The only thing that worked for me was PayPal (a…

> I'm from the Netherlands and if you're a freelancer here you need to provide income statements for 3 years before you can get a credit card. That's amazing. Also goes to show anyone who tries to talk about "Europe" is making a useless generalization - here in Sweden I easily got two credit cards when I was a student with no income aside from government student loans. But don't you have VISA/Mastercard debit cards?…

You can get a MasterCard debit card while you're a student here as well, which most people get to keep after college.

If you didn't apply or it gets revoked because you were flagged somehow, which happened to me when moving abroad for a year, you end up in the situation I described.

And no, we are still pretty much exclusively ATM based here.

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