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Burning man defeats PayPal

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51–60 of 102 posts

Re: Burning man defeats PayPal

#51
The bigger news here is that PayPal is getting more negative publicity in mainstream press and that will, over time, force them to become more responsive.

A few hackers bitching in online forums is one thing, A large social media response in connection with a well known festival threatening to close accounts is going to be much more effective

Re: Burning man defeats PayPal

#52
I find it amusing that people still use Paypal. Its been widely documented that they're a horrible company for years now. I closed my account a few years ago and haven't looked back.

Paypal will not change their ways so long as people keep giving them money.

Paypal is not a bank and thus doesn't have to follow the same rules as a bank. Please people, quit treating it like its a bank. Do not store your money there. Do not link it to your primary checking or savings accounts.

Remember! Paypal will cause you great pain and serious amounts of anger. Its only a matter of time.

Re: Burning man defeats PayPal

#53
I find it amusing that people still use Paypal. Its been widely documented that they're a horrible company for years now. I closed my account a few years ago and haven't looked back.

Paypal will not change their ways so long as people keep giving them money.

Paypal is not a bank and thus doesn't have to follow the same rules as a bank. Please people, quit treating it like its a bank. Do not store your money there. Do not link it to your primary checking or savings accounts.

Remember! Paypal will cause you great pain and serious amounts of anger. Its only a matter of time.

Re: Burning man defeats PayPal

#54

I hear way too many stories about this. I was even paying a company through PayPal when they had their account frozen and their money taken. 3 times. The company continued to use them because so many of their customers demanded PayPal. They had continued to use PayPal because it was cheaper to lose their funds (they regularly withdrew) than the customers. After the third time losing everything in their account, they…

That seems like something you could sue them for. Is this not an option for people? (In small claims court at least.)

Re: Burning man defeats PayPal

#55
This is ridiculous. PayPal is not some evil "big brother" - they are a company whose entire business model relies on stopping fraudulent activity, and as such, things like this often occur. Pick your poison - either have this happen on occasion, or have your money frequently stolen and more likely, be made essentially impossible to transfer safely on the web.

I will take the occasional inconvenience in exchange for a payment method that makes my life much, much easier.

Re: Burning man defeats PayPal

#56

This is ridiculous. PayPal is not some evil "big brother" - they are a company whose entire business model relies on stopping fraudulent activity, and as such, things like this often occur. Pick your poison - either have this happen on occasion, or have your money frequently stolen and more likely, be made essentially impossible to transfer safely on the web. I will take the occasional inconvenience in exchange for a…

You say it is only occasional inconvenience that Paypal freezes/keeps their clients money?

Re: Burning man defeats PayPal

#57
post #24

Earlier quoted context omitted.

You are right I'm a techy, I talk to people who run online businesses, they use PayPal and other methods. PayPal is by far the biggest problem when it comes to payment solutions. Also I'm from Europe, which means I talk to people who use the common solutions in Europe to deal with payments, which is direct bank transfers or an online alternative provided by banks (such as iDeal in Holland). While our banks don't requ…

Banks in Europe are tightly controlled. You have no idea what it's like in the US. Imagine a system where… 1. You pay a 20% fee to withdraw money from an ATM that doesn't belong to your bank. 2. The bank puts thru a charge they shouldn't, you run out of cash, and you get whacked with a $35 fee. 3. The bank charges you a monthly fee after that - another $35 fee. 4. The bank shuts off your card because you're in anothe…

1. It's a 20% fee when you request $10, or a 2% fee if you request $100.

2. Overdraft fees are disallowed by law and are opt-in now.

4. Also, it's not typically the banks that cancel cards, it's the processing network that does.

Most problems people have with banks are user-error, plain and simple. When you misuse a computer program, you waste time. When you misuse a bank, they charge you money.

Re: Burning man defeats PayPal

#58
post #28
post #25

Can we start the move to Google Checkout and Amazon Payments? They both charge the same amount of fees as PayPal yet do not have draconian policies and downright retarded treatment of their customers

Customer service with PayPal is a hundred times better than customer service with Google, in my experience. I've never had a problem getting CS on the phone with PayPal. Google is a different story.

And Amazon?

Re: Burning man defeats PayPal

#59
post #11

I hear way too many stories about this. I was even paying a company through PayPal when they had their account frozen and their money taken. 3 times. The company continued to use them because so many of their customers demanded PayPal. They had continued to use PayPal because it was cheaper to lose their funds (they regularly withdrew) than the customers. After the third time losing everything in their account, they…

What is a better alternative? I understand Google Checkout also had similar issues in the past?

(My startup) ThinkLink / FaceCash

http://www.thinklink.com

Re: Burning man defeats PayPal

#60
post #24

Earlier quoted context omitted.

You are right I'm a techy, I talk to people who run online businesses, they use PayPal and other methods. PayPal is by far the biggest problem when it comes to payment solutions. Also I'm from Europe, which means I talk to people who use the common solutions in Europe to deal with payments, which is direct bank transfers or an online alternative provided by banks (such as iDeal in Holland). While our banks don't requ…

Banks in Europe are tightly controlled. You have no idea what it's like in the US. Imagine a system where… 1. You pay a 20% fee to withdraw money from an ATM that doesn't belong to your bank. 2. The bank puts thru a charge they shouldn't, you run out of cash, and you get whacked with a $35 fee. 3. The bank charges you a monthly fee after that - another $35 fee. 4. The bank shuts off your card because you're in anothe…

The biggest problem with the North American banking system is the reliance on the antiquated cheque system. In the EU I can send money to any other EU bank account quickly with little or no fee. You can pay bills and send money - and no need for an intermediatary like paypal. The inherently insecure concept of letting others pull money out of your account don't exist. Pushing money also reduces the whole range of service fees relating to bounced cheques and insufficient funds.
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