PayPal Limited Account - No Reason Given (must read)

[ranrui]

guys read this... (I'm scared now about paypal)

On December 15, 2009, I logged on to my PayPal account only to find that the account was designated as "limited". The text said that PayPal needed more information in order to reinstate my account. I've had a PayPal account since 2004 -- over four years total. I've done more than 2750 transactions with PayPal. The total dollar amount is nearly $100,000.00 (and that is NO exaggeration). Why would they all of a suddent need more information from me?!

As it turns out, they decided to close my account, but have not -- to this day -- given me ANY explanation for closing my account.

One of the worst insults is that under a limited account, they still invite the owner to add PayPal icons to their eBay auctions -- though you can't send, request or receive money. Free advertising for them and NADA for us.

The absolute worst part is that they tied up several hundred dollars of my money, and still won't give me a solid reason for why they closed my account. After several emails raising Cain with them, I was told that I needed to clear up some outstanding complaints from buyers. NONE of those complaints were open, yet they expected me to know about them. Anyway, I promptly gave refunds to the three outstanding complaints.

After several more furious emails demanding reinstatement -- since I had followed their outline for reinstatement -- and I was told me account is permanently closed. Still, no stated reason. Just closed -- permanently.

Screw 'em! Who needs 'em anyway?!? I did business for years without having a PayPal account and I'll be doing business years from now -- without a PayPal account.

My advice to newbies thinking of joining PayPal - DON'T!

is it true?
what is your opinion about this?

[immymoon]

Yes thats sooo true!!! They can close your account without ANY reason!!!
Also, there is one friend of mine, kira, who got his account limited just for changing first name!!!

[kira]

yeah, I hate PP now, but I need it for online transactions 'coz most online shops use PP .. >.<
the saddest thing is I can't remove the limitation without verifying and sending some more details to PP ..

OT: welcome to EP immymoon ..

[bk47]

Dude that sucks! Well I have a similar story. I had a Paypal account with $50 and they limited my account and a week later, they closed it! They made up an excuse saying some people tried to hack it or something!

[ranrui]

I think we should run a campaign againts what paypal do. its a big money involve. paypal abuse their popularity.

[ryuken]

This happened with many people and will continue to happen if you exchange money with other exchange sites or with people who exchange in suspicious ways. This will never stop cause many scammers are taking advantage of paypal as well. So if you get kicked from paypal then better get a credit card and then sign up to google checkouot.

[financialboost]

yes, my first account was limited by them, fortunately i have no balance in it. i had opened other account and its running fine for now and don't know how long..... (though i got an alert pay and money booker accounts too)

[leerain]

I hate paypal, money received from the PIC is limited, send money, too, sometimes doing nothing is also limited

[vankhin02]

I have no idea, I just created an account from PP too, but when I got some money from Neobux and others, I wanted to share some of that money to my friends but I couldnt share it because it was limited. My friends shared me some money because I was his ref....
I dont understand why my friends can share his money to other even though he never verified his account by anything. I try to verify my account by bank account but I still waiting for a long time.. that so crazy.

[gaunpro]

paypal limit many things right that I do not know
best to avoid pay more than 5 ACC 1 day can be avoided