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Class Action Lawsuit Says PayPal Restricted Funds
trenton writes: "CNET News.com reports a class-action law suit was filed Wednesday in California Superior Court in Santa Clara County. The suit charges PayPal with illegitimately restricting customers' access to their money. The suit asks for an unspecified amount of damages. Have you been ripped off or locked out?"
I can hear the price dropping now...
I have used Paypal exactly once. And exactly once I got ripped off. Not a good record.
Now I was ripped off by the seller, not PayPal, so I think PayPal should have the right to do whatever it takes to stop fraud.
seems the editors think any bad thing a company does violates your "rights".
i'm extremely concerned because i've heard stories of users getting paid with stolen credit cards... what does paypal do?
assume you stole the card and try to launder the money to yourself, so they freeze and seize all money in your account AND bank account if you made a withdrawl
now i'm nervous to even accept paypal for anything
MARIJUANA, SHROOMS, X: ONLINE?! - E
Bastards did the same thing to me Monday. They completely botched my transaction because it was a time-is-of-the-essence matter. They accepted the credit card payment, then put a pending reversal on it the next day. I almost shipped the item I had sold, but luckily checked my email before doing so. They haven't even responded to my inquiry about the funds.
Hmm. Let's see. They don't want to abide by the rules that banks have to follow, yet they want to screw their customers even worse than a bank. Sounds like they want to have their cake and eat it too.
Does anyone have any info on how to become part of this class action suit?
"You done taken a wrong turn."
-Bill McKinney, in Deliverance
Visit PayPalSucks.com for an entire community pissed off at PayPal.com's practices.
Good set of links too.
"It is a greater offense to steal men's labor, than their clothes"
I accept paypal for both merchandise and for subscription services on my website [warnign pr0n] and have never had a problem with paypal, but I do feel like they give more protection to me as a seller than to people who use paypal to buy things. I have only had one dispute with someone who purchased something from my site, but paypal bent over backwards to help me prove that the dispute brought against me was false, and made it very easy for me to supply them with documentation proving the user received what he ordered from my site. ] Although that might have to do with them wanting to protect their commision. spooky
yes i run a goth/punk/emo porn site.
I bought a bunch of their stock
http://www.paypalwarning.com/
Visit the Wall of Shame for user submitted horror stories of Paypal's actions.
I browse Slashdot at +3, Funny
"PayPal raised more than $70 million in its IPO. The company, which has never posted a profit, lost $18.54 million on sales of $40.4 million in the fourth quarter last year."
And why did they do their IPO now? Raise cash for what exactly?
All those people sending us their credit card numbers weren't venture capitalists?
Oops.
Need I say more?
Beware, Nugget is watching... See?
paypalsucks.com gives a lot of horrorstories about PayPal.
The service they provide is excellent, but that should not be confused with the level of service they provide, which, I must say is sorely lacking.
They have buggy software. This means on occasion, more money is withdrawn from your non-PayPal accounts then you authorized them to take. Giving them access to your checking account is a horrible thing to do, double-dipping is widespread and if you have any checks that need clearing, well......you are in trouble - assuming they haven't overdrawn your account in the first place (did it to me).
Due to the sheer size of their user-base, and their inability to correct their problems, much less deal with the number of complaints generated by things that aren't their fault (action sellers taking money and running, for example) they've taken to a scorched Earth manner of dealing with problems.
Any sign of trouble - your account is frozen - along with any money that might be there. Too bad if you're in the middle of a huge transaction involving lots of money that you really can't afford to lose.
This is like using a nuclear device to wipe out an ant infestation. It causes much more damage to innocent users than you could possibly imagine.
You have a problem, even if it is their fault they might not fix it. Wait more than 30 days to complain that they stole your money and guess what? The money is gone forever, you will never get it back. They will not allow you to file a complaint about their rape of your checking account if you wait more than a few weeks.
To sum it up, PayPal provides a great service, but they have shown themselves to be incapable of actually providing that service with any great degree of reliability or accountability.
This lawsuit has been a long time coming. More power to the plaintiffs.
Now, maybe this doesn't happen in every case. And maybe if you accept funds from unverified users you don't get protection. But I just want people to know that every fraudulent transaction doesn't result in Paypal seizing your account.
On the other hand, they are very difficult to get in touch with except by email (which we all know is easy to ignore). This is somehting that should definitely be improved upon.
Still, I like paypal. If you want complete control, I suggest you get a merchant account. Frozen paypal accounts are, I believe, rare. And I think they involve more than just a simple charge back in most cases.
I've used paypal for years and have never had a problem. They're quick and convenient what, what's more important, almost free. Everyone else charges. You get what you pay for, I guess, it's always worked great for me and the 3% or whatever they take from me when I get a credit card payment is well worth it.
spacefem.com
NoPayPal is a site that made me avoid getting a Pay Pal account. I think Pay Pal is a great idea, however the business practices that is being portrayed is piss poor. Is there any competitors out there?
"It takes many nails to build a crib, but one screw to fill it."
This happened to the leader of the Webplayer Co-op a couple years ago.
We had a hundred or so people send him money via PayPal to make the WebPlayer order. They suspected something was fishy and froze his account. You can read the thread from the Webplayer Co-op egroup here.
Eventually they straightened it out, the WebPlayers were shipped and we received them, but PayPal sure delayed the process.
That way, if they do try to retrieve money from a chargeback or because of an error, at least you only have a problem with them and a bank that isn't the primary holder of your money.
And, as you pointed out, you'd have to be freaking insane to carry a balance on PayPal.
CEE5210S The signal SIGHUP was received.
Hmmm, I'm detecting a pattern here...
You were mistaken. Which is odd, since memory shouldn't be a problem for you
MSNBC.com has this story [msnbc.com] on PayPal facing a class action lawsuit.... is it just me or does it seem like /. is skipping this story? Maybe Taco bought a whack of shares in their IPO last week :)
What story do you think your repling to ?
Not a debit card or checking account. If they screw you over with an unwarranted credit card charge, your can call your credit card company and stop payment on it. If they pulled money out of your checking account (either directly or through a debit card), you're pretty much screwed (good luck trying to get your bank to do anything about it).
FWIW, using a credit card for most purchases is actually good advice, because it avoids all sorts of frauds and other problems (for example, a restaurant in a foreign country once charged my card twice; I guess they thought since I wasn't from around there I couldn't come back and complain. The CC company removed the fraudulent second charge after a simple phone call...if I had paid with a debit card it would've been a real pain to try to get my money back). This is provided, of course, that you are disciplined enough to pay your credit card bill on time to avoid going into debt and paying high interest rates.
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
umm, thats a normal period for what it takes to transfer money from one bank to another... same thing would happen if you tried to send money from one bank account to another bank account
Just today I got a reply from paypal(less than a week turnaround - they're really ansewering email now). They've locked my account because one of the credit cards was stolen and I discovered this when I tried to use it with paypal when it was over the credit limit. They weren't out any money, and they already had another credit card on file.
I've used paypal since the begining (when it was a way to send money with your palm pilot) and always thought it was a great service, untill this incident. Luckily I've never stored money in my paypal account and I've never given them my checking account information(mama didn't raise no fool). With their form letter response today, It's looking like it's time to investigate the paypal alternatives that will be happy to have my business.
Based on all this Bad Press I just closed my PayPal account. Who needs this kind of heartache. It seems to happen often enough and be painful enough to be worth avoiding.
To unfreeze it, I needed to fax them:
Despite the glaring violation of privacy, I did get the account unfrozen in under 24 hours, and I did find them easy to communicate with. However, I do believe that Paypal needs to be regulated as much as your local bank.
When I first heard about PayPal a couple of years ago I thought "This is great!". Micropayments, done deal. I was excited and about to start receiving payments via Paypal.
Then I heard the horror stories about accounts being closed down and money even being reverse charged out of bank accounts. I stopped using my Paypal account before I even started, luckily.
Sure, you can do what someone else recommended--open a bank account just to receive PayPal payments and withdrawl the funds as soon as they come in. But at that point the hassle isn't worth it.
We still need a good micropayment solution. Something that is truly innovative and breaks paradigms. I'm not sure what it is, but whoever or whatever company comes up with it will be taking it to the bank.
I've had very good luck buying and selling with PayPal. I just wish I could get a debit card. I have a verified bank account with them but because they require a verified credit card and I don't use credit cards I seem unable to get a debit card. I'd love to be able to use PayPal as my main bank as I do most my shopping online and accept most my payments for my contract work as PayPal payments. It's a pain waiting 3-4 days to transfer to my bank so that I can pay for rent and food.
:)
I've been screwed by every big name bank I've had so I for one don't want PayPal to be more like a normal bank. I'm perfectly satisfied with them so far other than them being to careful with my money.
At what price learning? At what cost wisdom? The price is a man's peace of mind, and the cost is his life.
I liked them (and have used them fairly frequently for buying EBay items), however when I accidently sent someone the wrong amount and immediately realized my error, I could not reverse the transaction using *ANY* available option on PayPal. They *USED* to have the ability to correct transactions, but they seem to have quietly changed their rules.
I contacted the buyer and asked them to make an adjustment.
Not being able to correct a payment mistake shows that PayPal is running a peculiar type of business. Credit card companies allow you to void, or correct transactions, but PalPay has taken away the ability to do so. The question is why?
I just discovered it while reading a Salon article on PayPal's weak service. Apparently, it's run by Citibank, a REAL bank, so you'll less likely to get fucked over by them. (Keyword: less; banks still try to ram a dildo up your ass once in a while.)
Zodiac Survey
At the risk of bucking the trend here, the service I've gotten from PayPal has been pretty good. I mostly buy stuff online, and much prefer PayPal to sending a check, or, worse, a money order.
I'm disabled. Getting out to buy stamps, or a money order, is difficult. It takes several hours, and a few tries, to write out the envelope. Add to that, using snail mail from Seattle to anyplace *but* the West coast takes a full week. So, if I must pay by check, we've added a week's mail lag, then ten days for the check to clear, then it's a week more to get the item. By then, I've been dying to get it for weeks. Using PayPal cuts two weeks off of that delay. I like it.
The few times I've been paid with PayPal it's taken 5 days for my money to show up in my bank account, but they say that it might take that long. I wish they were faster - just how long does it take electrons to flow from them to my Seattle bank? - but they're likely making money on the "float", and I cannot begrudge them that perk.
Lemon curry?
The real problem with PayPal isn't with what it is, but with what it isn't. PayPal is *not* an escrow service. They say it flat out. And I'll be damned if I'll give my money in trust to a party that isn't.
Escrow.com *is* an escrow service. There are others. Yes, it costs more. But you have 1) protection, and 2) legal recourse if you get screwed.
-- Cerebus
I for one have never had a problem with PayPal, and I've been using them for over a year and a half. I've needed to contact them for support exactly once (yesterday). Get this...I call the phone number and a REAL PERSON answers the phone on FIRST RING! Not only that, but they are courteous and helpful and resolved my problem in under 20 minutes. I've never had such a good support experience in my life.
`fortune -o`
...has been anything less than fun. Somehow someone got my password and changed my primary email address, thus not allowing me into my account. Luckily I caught the e-mail that this happened (at least PayPal notifies you of that, even though everything else sucks....) and immediately transferred all of my money out of my savings account that PayPal was linked to, I then called the bank and they said they'd watch my account and I should open a new one to be safe. I also wrote to PayPal, but didn't get a response until 4 days later. By that time, someone has already tried to withdraw over $900 from my account. And guess what they told me to do in their support e-mail, they told me to log into my account and fix it! Hello! If the problem is my account was stolen and the username/pw changed then I obviously can't!
Luckily my bank is being good about it and are not charging me for those overdrawn withdrawals. Needless to say, I will never use PayPal again, nor will I ever recommend it to anyone! Avoid it like the plague!
Two wrongs don't make a right, three lefts do!
By sending the minimal payment you confirm that you receive statements at your billing address and that you can pay some money.
PayPal's big problem is that they aren't staffed for the exception rate of a financial institution. In banking, less than 1% of transactions are exceptions, but exception handling consumes about 25% of bank resources.
Now that PayPal has moved away from being a peer to peer service (consumer-level PayPal accounts can only send money, not receive it), they're probably going to be regulated like a credit card issuer. In fact, it's not clear what PayPal's role is now that they basically have consumer accounts and merchant accounts. That's basically competing with banks that handle credit card merchant accounts, and the banks do a better job of that.
If an auction seller screws you over one way or the other, eBay's complaint process is rather lame and PayPal literally can't do a damn thing for you (speaking from experience here).
However, if you spare a little more money to mail them a money order instead, what they did magically turns into something called "mail fraud." Federal agents wearing dark suits and carrying badges begin looking for this person to throw them into pound-you-up-the-ass penetentiary for up to five years (multiplied by however many other people he's ripped off through the mail).
Of course, if this is the first and last time they defrauded someone through the mail, there's a chance the Postal Inspectors might not have the time to really give it much attention. But just because they're not activley seeking the person doesn't mean there's not a felony warrant issued for the culprit, which will make employment background checks, driver's license renewals and plane ticket purchases a whole lot more interesting. And that's before we wonder how often he gets pulled over for traffic violations...
I ask you: If you don't wholly trust who you're buying from, where can you get more entertainment for $1.24? Certainly not PayPal!
There seem to be quite a few peole who've had too much money withdrawn by PayPal. IANAL, but it sounds like if it can be proven that PayPal knowingly let a problem like this continue after receiving the initial complaint, they can get charged with bank fraud (up to 30 years in jail and/or $1 million). PayPal has plenty of incentive to let these problems happen (since the money never gets transferred to somebody else) and there's no reason for this to be treated much differently from a forged check.
I had a seller back out on me after I'd already paid. Paypal was supposed to refund the $$ to me but refused. They said there was nothing I could do about it. I told the woman on the phone (after numerous calls) that there sure as hell was something I could do about it. I made the payment with me bank's check card. My bank's check card is a Visa Check Card and it affords all the same protection that any other card carrying the Visa logo carries, including fruad protection. I told her all of that and that I'd simply contest the charge and let Visa sort it out for me. She immediately told me to hold on the line and transfered me elsewhere. A guy quickly answered and was pissed from the word go. He was all but yelling. He spewed out some dribble about how if I contested the charge, their many lawyers on retainer would bring a suit against me and this and that and on and on and on. I laughed at him. Literally. And I told him I was contesting the charges immediately and a few other choice phrases. I contested the charges, my bank account was credited by the bank, and I never heard another peep about it. Screw me? No, screw you paypal.
You can see PayPal's S-1 IPO filing here [1851943 bytes]. I haven't looked through it, yet, but from some other places I've heard it actually looks bad. Go see for yourself for the real truth.
now we need to go OSS in diesel cars
Supposedly that might be a stolen credit card. In any event, if the charges are reversed on you, you have to be able to bring legal action against whoever made the payment (assuming you give the money back to PayPal, which I'm assuming you won't be doing, so this is all academic talk). If PayPal tries to contact you again, see if they are willing to provide you with that legal information (they should be able to get it from the credit card company that reversed the charges on them). When people reverse credit card charges, they can get this information and pursue conventional legal civil action (complicated in your case by the trans-national aspects).
Also check your credit report in case they try to stick it on there as an unpaid debt. That kind of thing happens.
now we need to go OSS in diesel cars
Every post that moderators have bumped up have been negative experiences. What about those of us who have had positive ones?
I have used PayPal for a year now. I have done probably over 1,000 transactions of people sending me money and me purchasing goods. I have not ONCE had a problem with their service.
I've paid for many things through PayPal and using my debit card. I have never been overcharged. I have never had funds taken out of my bank account that were not authorized. I've never had a problem. I've never had a person take my money and run.
Those who post here about their bad experiences are a vocal minority. People tend to speak up when they have a problem with a service, but say nothing when the service is good. PayPal would not be in business in the first place if they weren't doing something right.
Of course there are people who have had problems with PayPal, it happens at every company -- but I think it is unfair to PayPal to have only negative posts regarding their company moderated up for all to see when really there are many, many more happy customers than customers who are not satisfied with the service.
I'm a firm supporter of PayPal, I have done probably over $10,000 in transactions with them with absolutely no problems.
which has a wall of shame full of horror stories.
.1% have a problem, that is 13K people with only 400 Customer Service Reps. So the hold time is 30 minutes and often they just rudely say "You violated terms or conditions", or "Fax us all your identity papers - bank account, utility bill, driver's license", then they seem to have a part-time fax, and they constantly lose the faxes (apparently they haven't thought about things like case numbers).
The problem is that with 13M users, if
Meanwhile your account is locked without anything you can do about it, often for reasons you don't know or know to be false (a buyer pays, but PYPL thinks something is wrong with it and/or the seller and locks both).
When it works, it's fine. But if they ever lock an account (and you don't have to do anything) it is a nightmare.
Do you even know the bank rules for online merchants?
If you want to accept credit cards over the Internet it's tricky to get a merchant account.
When you do get one you have to have a reserve in your account at all times which card issuing banks can help themselves to if their cardholders dispute a transaction. In addition to that your bank will typically assess a $15 chargeback fee which just magically disappears.
Should your ratio of sales/chargebacks for any month exceed 2.5% or 1% US customer disputes Visa will fine you $100 per chargeback on top of that. Don't keep up your reserve and your bank will hold ALL your money for at least 6 months.
Starting to see PayPal's problems yet?
I can tell you they're not alone in feeling it's unjustified, but they have to pass this on.
http://www.websitebilling.com/pressrelease.html
I'm sure nobody cares, but I've never had a problem.
$x='S24;r)>63/* h@<5+oZ)32"5cz';$me='phroggy'x$];
$x=~y+ -xz+\0-Tx+;print$_^chop$me for split'',$x;
3 months ago I bought a printer on ebay and used Paypal to handle the transaction. To make a long story short, the printer never came and I filed a fraud complaint with paypal. After literally a month and a half of 'investigation' I finally receive notice that they managed to recover $17.50 out of the $222.00 I sent the guy!
I called VISA this morning trying to recover the rest of my money but they said that since its been over 60 days they can put the complaint in but I shouldn't except to recoup any of the money.
Just a word, DONT go through PayPal's horrible "FRAUD" insurance bullsh*t-- Once you think you have been ripped off IMMEDIATELy call your credit card company and have them deal with the situation..
This isn't the first time I've been screwed over, and I don't plan on using their service in the future.
Maybe they are below their interest quota, and need to hold your money to get the interest on it to make sure they can meet the payroll. You wouldn't want all those kind, charming, intelligent staff members to go without their paycheck, now would you?
now we need to go OSS in diesel cars
I went to the eBay Smart Search page and entered "no paypal" and checked the buttons to also search descriptions. It matched 61367 items. Interesting. I'm sure the number will change every minute.
now we need to go OSS in diesel cars
Let's see if you keep singing the same tune if they end up ripping you off. Maybe we should just take the money out of your account.
now we need to go OSS in diesel cars
There may well be thousands of people who have been ripped off. Perhaps it would not be so bad if PayPal actually communicated with people and tried to resolve the problem. Instead, they don't even list their phone number. Do you see it there on their web page? The company has a big attitude problem.
now we need to go OSS in diesel cars
First of all it's a bad idea to keep any balance on your credit card at all. It's just about the worst possible loan you could get from anywhere - even "low-interest" cards have ridiculous rates in the neighborhood of 12-18%.
But as for minimum monthly payments, of course they're going to make you pay something. Otherwise you could just keep spending up to your limit and then never pay them back - they'd essentially be giving you free money.
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
For those of you who want to sign up for this suit, here is the link [jacobylawyers.com] to the lawyers registration form.
:)
Okay, since I'm talking about lawyers here, I'll qualify this by saying that I'm about to state an opinion. So don't sue me, okay?
This law firm, who is handling this class action suit, is little more than a bunch of ambulance-chasers. These guys have advertised here on KTLA and KCAL since I was a little kid. They always seemed creepy and slimy to me, like that Larry H. Parker guy...even as a kid, I wondered why good lawyers would need to advertise on TV.
Someone else said it here, someplace...doesn't it strike anyone else as strange that this suit was filed right after the IPO? That just sort of stinks to me.
Also, I've been using PayPal for a few months, to accept payment for some eBay auctions, and I've never had a single problem with them. Of course, I think I've had a grand total of 6 or so transactions, so YMMV.
After reading all of this, however, I'm getting my 50 bucks out tonight.
Or spending it on my own copy of GTA 3.
This is the same reason you should never use a debit card to make purchases online unless it offers the same protections that a major credit card offers. Many don't. Some do. Be sure before you use it online.
It's not enough to bash in heads, you've got to bash in minds. - Captain Hammer
While my experiences with ProPay have been limited, I have not had a problem yet.
Perhaps someone has some insight regarding the services ProPay, a competitor of PayPal?
"There ought to be limits to freedom"
dyndns.org has been accepting PayPal as our main source of income for quite some time now - we've had probably over $200,000 pass through PayPal without a single problem. In fact, yesterday they called to tell me that we've been assigned a dedicated account manager, with a secret VIP phone number and direct e-mail address and everything. So it seems that, at least to their larger customers, they're at least TRYING to improve the customer service.
All of these lawsuits and threats from states are sure making us nervous, though, and due to various other things we were probably dropping PayPal soon - that timeline's just been moved up now. But I agree with what someone said or at least alluded to earlier; even if 10,000 people have had problems like this, that's only a tiny fraction of PayPal's actual userbase, and that's pretty impressive to me.
Perhaps they're dedicating too many of their staff to providing "dedicated" account managers to their bigger "VIP" accounts. They have special phone numbers ("don't give this out to anyone else, it's just for our special VIP customers") and real e-mail addresses and everything. They seem to be staff at the same (or yet another) call center out in Omaha, Nebraska, anyway, though - the home of telephone support outsourcing!
Actually, the fee is due to their account type, not yours. It's only the account of the recipient that matters, because they're the ones that the fee is assessed against. And it's not too much more than normal credit card processing fees; you can't realistically believe that they would have been providing this service completely for free forever, can you?
And if you can't get logged in? They give you an email address to send to. The auto-responder suggests using a form to send the problem report instead. You have to be logged in to use the form and when that fails, you get the same email address again. These people are idiots.
now we need to go OSS in diesel cars
I've had several situations come up in the past where I made large purchases on my PayPal debit card, and then they sat in their system marked "pending" for as long as a week before they cleared. Many merchants don't really report the true amount of the transaction to services like PayPal during this "pending" time window (still don't get why this is... poor quality transaction software I suppose?). Every time I buy gas at Mobil, for example, the transaction shows up as $1.00 until it clears.
Because of this, you can actually have a situation where PayPal shows you have quite a bit of money available in your account, when really - it's already been spent.
Seems like someone wanting to screw over PayPal could take advantage of this situation and buy much more than they really had in the account, and then close it out.
I've never lost any money through PayPal. Fortunately for me, I discovered what was going on before I let myself into a position where I could lose money.
Then I got spammed by PayPal. Well, since I had a "relationship" (e.g. an existing account), I can expect to get that spam. No point in complaining. I would just close my account (which was at 0.00 anyway). That's where the trouble began. I couldn't get logged in to do it. It's not because I had the wrong password; it's because of an error in their server programming (which I did later figure out what it was). The error message told me to send a report to a particular email address. So I sent one. I got back an automated reply that said I needed to send the report via a new web form. So I tried the URL it gave for that. But that didn't work because I needed to be logged in to do it. So I ended up doing a sequence of mailings to hopefully trigger some alarms there. That finally worked and a technical person I believe to be their lead tech guy sent mail which, while initially assuming all the wrong things, did include a real phone number. I called and explained the circumstances and was promised the account would be closed. At the time I did not know why I was getting the login error, but it was error code 3014 and had something to do with SSL, which works fine for me everywhere else. I have since figured out what I believe to be the cause of the problem, but I decided not to contact them any more to tell them what it is. At least I have not been getting any more spam, so the account there is probably really closed.
My own objections against this company is the poor attitude they take with problem resolution. I would rather see them go bankrupt and someone else with a better attitude come along and fill the void. I'm not part of the class action lawsuit because I have not lost any money. But I have been reading the reports, and I cannot conclude that all of them are cases of accounts being decremented because of a CC chargeback. Many might be, and people should better understand this. But when 2 accounts get frozen because someone was trying to send a little more money to someone else than their "pattern of activity" suggests, and then doing nothing about it when both parties complain, then I know there is a problem at the company. And when they intentionally cut back on service support people to try to discourage complaints ... and I suspect so that they can report the lower complaint numbers in their S-1, then I know there is a problem at the company.
BTW, the employees at Enron that lost much or most of their life savings because they put such a high percentage of their 401K money into Enron are certainly in part to blame. But the bulk of the blame belongs to the company execs that carried out shady practices to hide the truth (surely, fewer people would have put so much money in the company if they knew the truth), and also froze those 401K accounts at the time the truth was coming out. Just because you can find a blame on the part of people who lost money does not mean they are 100% at fault.
now we need to go OSS in diesel cars
Your friend is right, IMHO.
I do a lot of eBay business, too, and that's the only reason I keep a PayPal account around.
The ability for someone to click and pay, and be done with the transaction, is a great incentive to buy.
If I post a product for sale, identical to another one up for sale at the same price, I'll usually get mine sold first if I take PayPal and the other person doesn't.
As I keep telling people, just don't leave too much money sitting in your PayPal account. Immediately transfer most or all of it to another account, where it's FDIC insured and where you don't have to worry about your money being frozen by PayPal staff.
Show me facts mis-represented. I'm just saying that there is some number of people out there (certainly smaller number of people than items, but counting the actual number of people isn't so easy) who are not trusting enough of PayPal to work with them. There could be more than list things like "check, cashiers check, or money order only" or the like. I didn't count those, either. But I will assume that percentage-wise, this represents about the proportion of people that don't want to use PayPal.
I do believe 1% to be significant in this case. 1% is an awfully high number if it represents people who mistrust an organization. Considering that a great many people won't have that mistrust until they actually lose money, that really makes 1% a serious number. Would you put your money in a bank which had statistics that said 1% of the people won't get all of it back with no recourse?
I just ran the search again today. The number is now 66824. Of course that could be because there are more auctions active today, too. So let's see. Trying "paypal only" I get 98565. That's an increase, but not as significant of one.
now we need to go OSS in diesel cars
I got a phone number. 5 calls. One got a live person who only said hold on and put me in menu hell. The other 4 went straight to menus. This is the pattern of a dumb company.
now we need to go OSS in diesel cars