|
PayPal's motives are very simple; they start processing for a file locker and wait till there's big balance on the account and then freeze the account. When they do that you only get your money back after proving your identity to PayPal and this has to match with the name/address the account originally was registered to. A filelocker is likely to use fake details so PayPal can keep the balance.
This is going to the Dutch media next week.
Still I think Visa/MC shouldn't allow PayPal to process Visa/MC payments for filelockers in the first place.
It's really a very dirty business.
PS they froze my account about one year ago because I had more than 2500euro/year coming in, and I had to send them a copy of my passport. I had used my normal name when registering the account but in the passport there's my Catholic name which differs slighty from my normal name. They never unlocked my account, they wrote that they would contact me about how to get my money back in 6 months but that never happened.
There's thousands of stories like this on the web and it's incredible that the mainstream media never picked it up.
|