• Potatos_are_not_friends@lemmy.world
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    6 months ago

    PayPal has a history of acting like a bank and withholding money from businesses if they don’t like it (as well as keep the money).

    Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

    Pro: they are great for consumers.

    My own personal beef with PayPal was when I sold a game console and the buyer paid using PayPal, then try to do a chargeback after receiving it. PayPal ignored my evidence and when I filed a police report and started a small claims court procedure, they relented. Which is kinda nice honestly if you’re into scamming.

    • mihnt@lemmy.ca
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      6 months ago

      Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

      They’ve been doing this crap for much longer than that. They did it to me in early 2k.

    • CptEnder@lemmy.world
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      6 months ago

      Yeah they tried something similar with my venmo. Live in NYC and run a local gaming community that regularly meets up in person. So we often do catering and run up large tabs. I paid for it all myself and my guildies just venmo’d me. Got flagged for running an illegal business because they’d send me like $2k each time we’d meetup. Luckily immediately yoinked that money to my private bank before they could freeze it and keep it. They got $0 lmao skill issue.