this post was submitted on 21 May 2024
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She sold her bathwater — PayPal took her profits (www.theverge.com)
submitted 1 year ago by misk@sopuli.xyz to c/business@lemmy.world
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[–] Potatos_are_not_friends@lemmy.world 51 points 1 year ago (5 children)

PayPal has a history of acting like a bank and withholding money from businesses if they don't like it (as well as keep the money).

Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

Pro: they are great for consumers.

My own personal beef with PayPal was when I sold a game console and the buyer paid using PayPal, then try to do a chargeback after receiving it. PayPal ignored my evidence and when I filed a police report and started a small claims court procedure, they relented. Which is kinda nice honestly if you're into scamming.

[–] mihnt@lemmy.ca 12 points 1 year ago

Literally stories from 2010 telling people to stop using PayPal for e-commerce for that reason.

They've been doing this crap for much longer than that. They did it to me in early 2k.

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