"Big Changes" coming for Paypal



Seriously fuck paypal. They held 20k of mine for 6 months, then on top of that they put a 10% rolling reserve on all sales for 180 days. I was selling legit products, no chargebacks, provided them with every tracking number for every product, but no I was still a "risk".

The merchant risk operations senior analyst Kimberly Small (fuck you Kimberly) tells me that they make no interest on the money they hold because it, "just sits in my account and they don't touch it". Are you serious? Then she tells me how generous she was with my holds and it was going to do more, but was in a good mood that day. And her office hours were from Wed-Saturday however she was never in her damn office to pickup the phone and no other risk analyst could talk to you because it wasn't their case.

Moved on to stripe after this fiasco haven't looked back.
 
MCRunning said:
Seriously fuck paypal. They held 20k of mine for 6 months, then on top of that they put a 10% rolling reserve on all sales for 180 days. I was selling legit products, no chargebacks, provided them with every tracking number for every product, but no I was still a "risk".

The merchant risk operations senior analyst Kimberly Small (fuck you Kimberly) tells me that they make no interest on the money they hold because it, "just sits in my account and they don't touch it". Then she tells me how generous she was with my holds and it was going to do more, but was in a good mood that day. And her office hours were from Wed-Saturday however she was never in her damn office to pickup the phone and no other risk analyst could talk to you because it wasn't her case.

Moved on to stripe after this fiasco haven't looked back.
Click to expand...

Stripe is the best thing since acai the only problem is they can't do 1-click upsells.
 
Ohhh....let me tell you my opinion about Paypal.....they SUCK big time!! it's just like Facebook....the most popular but they are horrible
 
I don't even have a PayPal account anymore. I accept CC via stripe Stripe and Google Wallet.
 
I am lucky to never have any issues using PayPal since the last 4 years and I have also read all the horror stories associated with them.

The sad thing about Stripe is that not yet global. Also why does nobody even makes a mention of 2CO? I have been using 2CO as a PayPal alternative and thing have been very stable with them since the last one year.
 
lol i'm surprised it took them this long to realize there was going to be some serious competition in the next few years. If I was in charge of paypal I would have freaked the moment facebook introduced their credits system. Everyone has a facebook, every website and business wants to integrate to facebook, and facebook has tons of deep personal data that it could use to manage risk and fraud in a way that paypal/ebay never could. Then of course there is google and apple...
 
I hate to admit that I still use paypal here and there for convenience, but I have been fucked by them hard in the past and there is NOTHING that makes me more furious than not being able to access my own fucking money!
 
Fuck You Paypal! You think this change makes up for holding 65k+ for over two months going through your BS paperwork requirement...even though they have all been submitted before.

You can go fuck yourself whilst I make sweet love to Stripe!
 
MCRunning said:
Seriously fuck paypal. They held 20k of mine for 6 months, then on top of that they put a 10% rolling reserve on all sales for 180 days. I was selling legit products, no chargebacks, provided them with every tracking number for every product, but no I was still a "risk".

The merchant risk operations senior analyst Kimberly Small (fuck you Kimberly) tells me that they make no interest on the money they hold because it, "just sits in my account and they don't touch it". Are you serious? Then she tells me how generous she was with my holds and it was going to do more, but was in a good mood that day. And her office hours were from Wed-Saturday however she was never in her damn office to pickup the phone and no other risk analyst could talk to you because it wasn't their case.

Moved on to stripe after this fiasco haven't looked back.
Click to expand...

Shes looking for a job. Given your previous working relationship, you should think about hiring her. Kimberly Small Resume | JResume by Jobing
 
Paypal is fine for Personal use, for business use I have stopped my Pro account & adopted the 2CO service it works flawless for me guys & Even their Security is sometimes sucks if your client use fake name when filling payment details it doesn't accept the payment. which is good also & sometime bad. but Overall Its very nice alternative of PP merchant account :)
 
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