On 11/04/2016 12:46 PM, DMcD wrote:
Absolutely atrocious company to deal with

Are they any worse than Ebay? Or Google? or Telstra.

Yes. (well Paypal used to be owned by eBay....)

Two friends had their entire set of bank accounts and credit cards frozen by paypal and given no reason why. I also had my own sacrificial credit card locked by them as well. They were not able to get anyone to answer, nor get them unlocked for quite a few months causing severe financial distress (house loan defaults etc etc). They were eventually unlocked without any hint of wording or why, nor any apology or restitution for the financial problems caused.

If you don't mind having your entire financial life screwed over, by all means make use of them. They are completely unregulated because "we are not a bank". At least ebay/google/telstra etc are not capable of causing that much damage to your life. My and my friend's experience is very far from isolated case.


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