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  1. #1
    Guest
    I had read all the horror stories about paypal but never believed it!'

    Ive been a premier business accountholder for almost 2 yars I think it is. Never a problem, never a charge back.

    Today, I get an email saying my account is frozen, here it is:

    PayPal is constantly working to increase security for
    all of our users. To ensure the integrity of our payment
    network, we conduct frequent checks on our system.

    Your account has been placed on a restricted status, pending
    further review. Restricted accounts are limited in their
    ability to send or withdraw funds.

    For more information about the status of your account
    and for full instructions on how to restore your account access, please log in to your account using the link below:

    >>>>>
    They are requesting that I send them a copy of a credit card statement and a credit card that I do not even have!!

    I only have a debit card and I dont even use it on paypal! I use my business bank account!

    I called them, they could care less!!! To top that off, they refuse to close my account so now they have my money, they have my recurring payments coming in and I have a 1K payment coming in this week that I probably can not stop!!

    All my websites have (HAD) paypal carts on them and so do all my clients websites! I already am taking mine down!

    I have never had a problem with them and I do not know how they can do this BUT at least I found:
    www.paypalsucks.com and also I found 2 attorneys online that have class actions against paypal for the same thing!!

    And check this out! They already verified me AND charged me 1.95 to verify my account to get a debit card! Then they refused to give me a stupid debit card because I have a PO box and at the same time THEY only give you a PO box for them!

    I told them HEY, you have all my personal info and my money and I have never verified you and now you steal my money and put a hold on my business?

    She hung up right after i called her an f/n B!TCH

    Guess that settles that

  2. #2
    Full Member
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    quote:
    they have my recurring payments coming in and I have a 1K payment coming in this week that I probably can not stop!!


    You have that kind of revenue and your still using paypal? Paypal is a nice tool, kind of like training wheels. If you are getting payments like the ones you described you should have gotten off of paypal along time ago.

  3. #3
    ABW Ambassador
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    I have read all of the stories too, however, I still have customers that like using them, so I still offer it as an option.


    quote:
    She hung up right after i called her an f/n B!TCH



    Yes, it's a lot of money, and you have every right to get upset, but I doubt you will ever see any money if you continue like that (Don't you know those things go in your permanent record [img]/infopop/emoticons/icon_wink.gif[/img])

    There has to be a reason they want to verify it. Did you use a credit card when you signed up 2 years ago? I thought it was one of the requirements to become a premier business partner. I could be mistaken about that.

    One issue I've had is the usage of PO Boxes. My Business account is associated with a PO Box, as well as our physical street address. My bank, however, sends my statements to the PO Box...Paypal isn't happy about that, and won't issue us their card (not that I need it anyway).

    If I were you, I'd calm down a little and try it again...yes, tell them how upset you are, but calling the woman names will probably get you hung up on!


    Just my 2 cents

  4. #4
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    January 18th, 2005
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    I am so sorry, and I totally sympathize. I was a Paypal victim, too. I used to be a reseller for a program called PC Doctor On Call - a software service that diagnosed and fixed windows problems. I was doing pretty good, but this program uses Paypal to pay commissions. That wasn't a problem, so I went ahead and got a Paypal debit card, so I could withdraw money from ATMs.

    One day, I checked my Paypal balance and it was $0! Not only that, but a deduction was made from my local checking account into Paypal, and that was withdrawn, too. The person who hacked my account was shown on the Paypal transaction, along with his email address and a note that said, "hey, nice software." My local bank refunded the amount that was transferred to Paypal, but I am out the original Paypal balance (commission payments).

    Paypal has done nothing about this except send me form letters. :rolleyes:

    Go to Paypalwarning.comand click on the Wall of Shame. Most of the horror stories are about eBay auction ripoffs, and the illegal freezing of accounts. But some of them are about lack of security, and hackings.

    Stay clear of Paypal. I will never, ever do business with them again.

    Now, I'm looking for new affiliate programs to join. Ones that are honest. Anyone want to send me a recommendation?

    Thanks.
    Madonna

  5. #5
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    knucklehead,

    Hi and Welcome to ABW!

    Absolutely horrible ... I have never had a problem with them ... If I can help just PM ME and I'll try.

    --------------

    Domino,

    I have a merchant account and for smaller deals Paypal is cheaper to use.

    --------------

    Tom,

    Good advice [img]/infopop/emoticons/icon_smile.gif[/img]

    --------------

    madonnafra,

    Hi and Welcome to ABW!

    Paypal has it's downfalls but ... If I can help just tell me ... I know a few people there.

    Haiko

  6. #6
    ABW Veteran Student Heyder's Avatar
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    Why aren't people migrating to C2it instead of using paypal? They have a fairly nice affiliate program through cj and seem to be a lot more legit then paypal.

    Paypal is not fdic insured and also has it's corporate location outside of the US in order to avoid a lot us US banking laws. According to information I found at places like paypalsucks.com

    I use paypal heavily at the moment but I'm looking into other options. So far I haven't had any big problems but since I started hearing the horror stories I've been very carefull with them. My accounts get emptied daily into my bank account and we aren't talking about a lot of money either.

  7. #7
    Domain Addict / Formerly known as elbowcreek Thomas A. Rice's Avatar
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    January 18th, 2005
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    Only problem I've ever had with them is.... well, we don't get home delivery here from USPS. We have a P.O. Box. The whole town does. They don't like that, plus, when I tried to order an item and have it delivered via fedex to my home address, paypal doesn't like that because it's different than my P.O. Box., lol.

    I just had a guy cancel a payment 2 days after he had received the item I sent him. Paypal has my money, and has had it for 30 days now, without resolving the issue, in spite of the fact that I gave paypal the tracking number to show that, yes, he did actually receive what he purchased. Sheeze, too slow.

  8. #8
    Guest
    quote:
    Originally posted by Domino:

    You have that kind of revenue and your still using paypal? Paypal is a nice tool, kind of like training wheels. If you are getting payments like the ones you described you should have gotten off of paypal along time ago.



    haha very funny...
    actually, it is the other way around... i started out with a REAL merchant account but you can read all about that horror story here
    http://LeaseConn.com

    i liked the ease of use with paypal, the free shopping cart, the fast turnaround time as well as the fact that you could take echecks as well.

    i removed all my shopping carts today and will now use other online payment options. i will never go back to paypal OR the standard merchant accounts either.

    luckily, in my business, i dont rely on a shopping cart but not having one is sure to screw up my affiliate program!

    guess ill have to go back to doing the affiliate thingy!

    well, teh good news is that i signed up for c2it today, it was fast and they gave me 5 bucks for joining and yes, it already credited to my cj account! the have a very high epc or whatever they call it.

    in any event, im BOILING mad that paypal has all kinds of ways to verify me (and HAS) but they require my account stay open??? what kind of $h!t is that???

  9. #9
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    I think the reason why Paypal is so popular is that it is an international pay system. The new Citibank service is only US based. Many of the UK affiliates have chosen to go with Paypal because they convert currency (I guess). I've heard of a couple of new money transfer upstarts, but they are untried, and may be worse than Paypal - who knows??? :confused:

  10. #10
    Guest
    im not sure where you got that info but that is entirely untrue...

    c2it by citibank says:

    From a computer, you can send money to virtually anyone in over 100 countries since your recipient does not need a computer or an e-mail address! Send money overseas to family and friends by having a check delivered to the recipient's address or by having funds transferred to the recipient's bank account. Funds are usually sent in the local currency of the country where your recipient resides. c2it displays the currency that the recipient will receive and guarantees the exchange rate at the time you send your transaction so you know how much money you are sending

  11. #11
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    It was "here-say" (that Citi wasn't international). I stand corrected. I sure wish merchants would get away from Paypal.

  12. #12
    Guest
    Lauren,

    Ever thought about posting this info on your site, so that your visitors can see.

    Only for a few hours.

    Heh Heh

    Shrimpola

  13. #13
    Guest
    posting the paypal info on my site?? hell ya! with a popup even! i have a bunch of sites.
    interesting how you know my name [img]/infopop/emoticons/icon_smile.gif[/img]

  14. #14
    Resident Genius and Staunch Capitalist Leader's Avatar
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    Perhaps he remembers how you gave away your identity in the thread about goZing.

    You quoted an email from goZing which started out "Dear Lauren"...

  15. #15
    Guest
    ya thats funny because that was sooo long ago.
    http://www.jacobylawyers.com/PayPalQ.../OpenClaim.asp

    anyone here having a problem with sprint PCS??

  16. #16
    Guest
    quote:
    Originally posted by Domino:

    You have that kind of revenue and your still using paypal? .



    A thousand dollars really shouldnt be considered "that kind of revenue" especially since most of my friends make 30K - 100K per month. 1K is really piddly.
    Ive done the merchant thing and it is VERY expensive and not only that you are charged all those fees whether you use them or not. If you arent familiar with merchant fees, here are just a few...

    Application Fee $200-$250
    Monthly statement fee - $10.00
    Gateway fee - $25.00 month
    Discount fee - 1.5 - 3.3 % on each transaction
    Transaction fee - .30 cents
    Virtual terminal fee $45.00 month
    Check acceptance fee $25 month
    Shopping cart fee - varies
    American Express set up (most people arent even approved) $75.00
    Fraud screening .75 per transaction

    And lets not forget, you are almost always on a minimum 48 month LEASE for all of the above. Hell, i dont know what ill be doing 3 or 4 years from now! haha Do you?

    And thats just for starters. Sure somerplaces may charge a little more or a little less, but I saw no point in spending all that money just to do something that I can do practically for free.

    Oh well, guess i got what i paid for.

    Im really peeved about the fact that they have MANY ways to verify me yet they refuse to close my account. Hmm, they have my phone numbers, my urls, my mailing addresses, my email addresses and they cant verify me to close my account.

    fishy, very fishy

  17. #17
    Guest
    Lauren,

    Life, in my experience, is like a boomerang.

    I just need to start throwing bigger Shrimp.

    Shrimpidoo

  18. #18
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    Haiko,

    You wrote,
    "Paypal has it's downfalls but ... If I can help just tell me ... I know a few people there."

    I'd like to take you up on your offer to help me. What info would you like me to provide you with?

    Madonna F.

  19. #19
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    Madonnafra,

    I'll answer the PM in the morning ... I had a big thing with Gator most of today and a follow up on Morpheus that took most of my time.

    Haiko

  20. #20
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    quote:
    A thousand dollars really shouldnt be considered "that kind of revenue" especially since most of my friends make 30K - 100K per month

    Right! First off any one who says a thousand bucks is piddly is stupid! I really don't believe you that your friends are making 100k a month. I think your living in a delusional state.

    Second, those fees you quoted suck. Best shop around and get a good merchant account like paymerchant or firstdata.


    BTW how is vegas these days? Still working the BlackJack tables?

    :eek:

  21. #21
    Guest
    Hmmm, you think Im lying about my friends making so much money?? How gay is that! hahaha. Believe me, not only have I seen scanned checks, but they are my referrals at a few places (unfortunately not at enough places)!

    I cant even imagine WHY someone would lie about someone else making good money! hahaha thats absurd!

    I could see if I came here and said I was making 100K a month! Anyways, I thought I said up to $100K.

    I guess youd really freak out if I told you that my friend that makes the most money is only 20??

    And yes, $1000.00 is a nice chunk of change, but it isnt anything to brag about. Who lives off of $1,000.00 a month??

    As far as blackjack, I dont play or deal blackjack so I cant help ya there. It is nice to be noticed though.





    thats just the last 2 months at AF for 1 of my referrals, AF only pays 5%. Imagine if it were the standard 10%!

    Here is 1 from WS, who does pay 10%:



    Oh and here is a new one I joined, as you can see, this is THIS MONTH so far...at $15 a shot, you do the math...


    I really have no reason to lie about something so stupid. Nor do I like being called a liar. The majority of my money comes from referrals...

  22. #22
    Guest
    Hey mont...

    Thats a real cute pic of you on your site (along with the porn links)



    I thought references and links to porn were enough to get affiliate programs to give you da boot??

    You lucky dog!

    bwaahahahahahahahahaha

  23. #23
    Domain Addict / Formerly known as elbowcreek Thomas A. Rice's Avatar
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    lololol, that's a funny pic knucklehead. Nice to see some of your commisison stats too, thank you: that just gave me a warm, fuzzy tingly buzz.

  24. #24
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    Working for the Focalex Affiliate Program, some of the most common feedback I have received from our affiliates were requests for PayPal payments. We have begun to discuss the possible implementation of such a system, however, it is becoming obvious that they cannot be relied upon.

  25. #25
    ABW Ambassador
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    As someone else noted - paypal is no worse than any merchant account. And I have found it to actually be better.

    If they suspect something, they freeze your account and move slow. They all do it. Always have two accounts, one where pay pal or the merchant account deposits the money, another you transfer it to so they can't freeze your money.

    The reason paypal gets a bad rap (not saying in this instance). It is popular. It is popular and used by people who mainly have never had a merchant account so they have never seen the hassles. When you have 18 million member or whatever, basing a business descion on anecdotal evidence is silly. Hell if people did that, if someone accused someone of fraud - that would mean that company comitted fraud against everyone.

    I have had my account frozen by a major credit processor because I reported fraud that I CAUGHT. They then told me a week later it was their super smart system that red flagged the item and an operator checked it - that operator's name??? My name. Nice.

    One thing, I would never base all my transaction on one system without a backup. We use 2checkout as well and do the same clearing house checking account idea with them. Both systems go into one account, both get cleared out the same day. No matter who you go with, it is worth the hassle of setting up a similar system.

    Chet

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