Concerns with Paypal

Discussion in 'PayPal' started by Cypri0t, May 26, 2008.

  1. #1
    With 4 months of trouble with paypal and losing $800 - i thought it was about time i start fresh and make a new account with new bank account which i went and opened just for paypal.

    I verified bank account and all seemed to have been fine for 3 days. I have received about $300 in these days and paypal limited my account for more verification about 10 mins ago.

    -- Business information [Premier Account]
    -- Photo ID

    I submitted both requirements.

    Should i be worried about them locking my account for good? How long does it take them to review an unlimit. Any one have this happen to them before?

    Edit*
    Bastards also reversed my withrawal of £130 and charged £14 :(
     
    Cypri0t, May 26, 2008 IP
  2. TrafficSales

    TrafficSales Peon

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    #2
    So today alone I've read 3 instances where paypal have Stolen money from people including us. Unbelievable.
    There needs to be more lawsuits against this company.
     
    TrafficSales, May 26, 2008 IP
  3. C.Whyte

    C.Whyte Peon

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    #3
    Hmm, I haven't had a single issue with Paypal in the 2 years I've used them to process payments... but now I am getting nervous. What did their support have to say about the issues?
     
    C.Whyte, May 26, 2008 IP
  4. vicdigi

    vicdigi Banned

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    #4
    If you are from the UK I suggest contacting the FSA (Financial Services Authority).

    This is illegal activity and by taking this to them followed by a complaint to WatchDog you should be well on your way to kicking ass and claiming your £14 charge back.

    This will also send out a message to Paypal and the way they operate.


     
    vicdigi, May 26, 2008 IP
  5. Cypri0t

    Cypri0t Banned

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    #5
    It only happened 30 Mins ago - I submitted more security precedures as requested although my paypal is verified already.

    I'm sure i have nothing to worry about but i was wondering if people had experience. There not exactly stealing from me but that reserve fee takes the piss lol.

    I received payments from verified users only as i didn't want troubles. I believe older users have less worries.
     
    Cypri0t, May 26, 2008 IP
  6. kip

    kip Notable Member

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    #6
    They are not scamming you. I do over 50+ transactions a day on paypal and they requested the same from me about 3 years ago. It takes about 24 - 72 hours for them to receive the fax and verify the information.

    There is to much fraud and identity theft out there and paypal just wants to make sure your id matches your account and business information. They are not robbing you, as I have dealt with them for about 8 years in total now and had them request once, but as long as the info matches your fine.
     
    kip, May 26, 2008 IP
  7. Cypri0t

    Cypri0t Banned

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    #7
    I know they're not scamming me ;) I attached the file and uploaded/sent. Not faxed so hopefully it's quick.
     
    Cypri0t, May 26, 2008 IP
  8. kip

    kip Notable Member

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    #8
    well maybe they are scamming you. A paypal rep logged in to DP and seen your signature: Stop Paypal, Use Moneybookers, so they banned your account. LMAO jk ;)
     
    kip, May 26, 2008 IP
  9. Cypri0t

    Cypri0t Banned

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    #9
    haha maybe ;) i wonder if someone sent them an email locating them to this forum if they would think twice about how they ran there company. They would see how many people dislike there service!
     
    Cypri0t, May 26, 2008 IP
  10. jeffreyhuan

    jeffreyhuan Active Member

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    #10
    Seems like many people dissatisfy with Paypal.
     
    jeffreyhuan, May 26, 2008 IP
  11. Cypri0t

    Cypri0t Banned

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    #11
    OK - now i'm pissed off - apparently i'm a security risk and they denied my appeal. What is it with paypal? Is being verified not even enough?

    I'm losing money because they provide such a bad yet popular service - this has done it for me now and i just don't know what to do.
     
    Cypri0t, May 27, 2008 IP
  12. digitaltech

    digitaltech Peon

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    #12
    u can chose alertpay if u dont like paypal

    www dot alertpay dot com
     
    digitaltech, May 27, 2008 IP