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I was dropshipping product and had a large balance of around $6000 in my account. I wasn’t even taking any of my profits out because I didn’t need the money. Should have known better. Paypal decided that my account was high risk because people were paying me when there was a risk of a stock shortage (one that was very short-term and that through good communication and openly offered refunds (and clearly informative auction information about the shortages of stock), all my customers left me positive feedback. Paypal still opted to do both a $2000 reserve freeze (6 month min) and a rolling reserve that takes 3 months for me to get that money back. The bastards say that even after 6 months, it may not be removed. If everyone is happy what’s the problem??? I will not be using paypal anymore and all ready have an alternative in place. It will be my pleasure fighting paypal until I get my money back and I will tell everyone willing to listen What douche bags they are!!!
Similar ComplaintsPosted: July 23, 2012 at 3:13 pm
Comments : 2 Post a Comment
Its like they say if “if it ain’t broke don’t fix it” Why would they limit your account take money hold money and all of the above if there were no complaints. Everyone was happy and yet they decide to screw you. Seems to be a common thing with them these days. They bigger they get as a company the more shady they become.
I was in the middle of a transaction when I received an email from Paypal telling me that my account was limited until further review. They didn’t tell me why or if I had to send them anything. This was 34 days ago!!! I have tried to resolve this issue with this add as of yesterday I can no longer log in to my paypal account. WTF? Now I am desperately looking for something that I can use to accept payment for selling on my website. Anyone?