Hi Justin This is quite concerning as I use PayPal. However I wonder, why did your friends had entire sets of accounts registered with PayPal? I operate a low ceiling credit card I use when OS and for all Internet purchases, including PayPal, however one has to link at least one bank account as well. So I am very curious how they could lock other bank accounts. So far I had zero problems with PayPal over many years of use, unlike my other( local) credit card provider which allowed my credit card emptied from some casino in Egypt. That was quite a few years back though, I think they are far better at monitoring unusual purchase patterns now.
Cheers Paul On Apr 11, 2016 04:57, "Justin Couch" <[email protected]> wrote: > 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. > > > -- > Justin Couch http://www.vlc.com.au/ > Java 3D Graphics Information http://www.j3d.org/ > LinkedIn http://au.linkedin.com/in/justincouch/ > G+ WetMorgoth > ------------------------------------------------------------------- > "Look through the lens, and the light breaks down into many lights. > Turn it or move it, and a new set of arrangements appears... is it > a single light or many lights, lights that one must know how to > distinguish, recognise and appreciate? Is it one light with many > frames or one frame for many lights?" -Subcomandante Marcos > ------------------------------------------------------------------- > _______________________________________________ > Aus-soaring mailing list > [email protected] > http://lists.base64.com.au/listinfo/aus-soaring >
_______________________________________________ Aus-soaring mailing list [email protected] http://lists.base64.com.au/listinfo/aus-soaring
