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Old 11-12-2011, 12:27 AM  
ThunderBalls
So Fucking Banned
 
Industry Role:
Join Date: Oct 2002
Location: Mesosphere
Posts: 2,926
Quote:
Originally Posted by EukerVoorn View Post
Bullshit.



I was able to accept PayPal for my member sites for about 2 years and I estimate 5% of our payments came though PayPal, it was quite popular. Then PayPal found it we were using this account for accepting payments for a porn site and they closed it and we were able to withdraw the balance immediately.

After that I set up a new account in France, kept a low profile and didn't promote it for porn related payments but had more than 2500 euros coming in in one year after selling a camera, and they locked the account and didn't accept my documents because first name wasn't exactly matching with first name on passport, then they locked it permanently and wanted me to wait 6 months for the money. I then refunded the payment for the camera back to the customer who then transfered payment to me by bank. There's 16 euro left on that account and I'll be curious what happens after that 6 month period. In the meantime I set-up a new PayPal account which I can't connect to my bank account, it only works with my credit card directly, so I can't put any balance on it, and I'm not sad about that at all....

PayPal is just one of those things we need because everybody uses it, but just do not trust them and don't keep any balance with them and don't use it for receiving large amounts, because they are dumb unreliable scum. I think most of the problems they cause really is the result of them being retarded and not having a clue what they are doing.

I think they do that shit on purpose as they make millions each month just on the interest of locked or limited accounts. There has been two class action lawsuits against Paypal for this exact thing and each time they've settled for millions of dollars but they still continue to do it because even with the settlements they still make money. This is the kind of shit no regulation gets you.
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