Should we worry about Paypal closing accounts for no reason ? I have been hearing this 'rumor' since quite some time now and I know its true only coz my friend's account got closed down today and few other major companies( I read online). What is going on ? Is there anything to do to protect your account ? If your account is closed, what do you do ?
I have not heard of anything about this but is it mainly in the Asian countries or worldwide and what is the source of your information apart from your friends account being closed.
Make sure your PayPal account is verified (using bank account or credit card) and you comply with all terms & conditions.