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Paypal Agrees to Consumer Protections
davidwr writes "Paypal settled a suit with Maryland and 27 states. Among other things, they'll conspicuously advertise a contact phone number and staff it 14 hours a day and be much more forthcoming about when they will debit your bank account. For those of you who think Paypal Sucks, well, starting soon it sucks just a little less."
The US is clamping down on thier branch of paypal, those who provide bank like services should be treated like banks.
note: i'm known as plugwash most places but i screwd up registering that here somehow in the past and now can't register
Nope, they'll still suck if they continue to:
:(
- locking out accounts for 'attempted signing in from another country' - yeah, without even getting a correct password
- only use a password to secure accounts
- only provide a national rate number in the UK, although you can get them on 0800 358 7929 for free
- expect you to send absolutely everything by fax yet they won't talk to you except by email
- not allow you to speak to anyone in the dispute or resolution centre, leaving you arguing with sales staff who don't have a clue
- make it impossible to close your account if it is locked, even after providing all the information you can and no money left in there
I'm disgusting with Paypal and going through the process of deleting my account. It's not easy, but I'll keep trying. Paypal will always suck in the UK it seems...
Dug
In fact it sucks less by precisely the minimum decrement of suckage allowed under law, and only then when compelled by the court. Way to go, paypal.
This doesn't make them any more honest, it just stops one of their unfair practices. I'm sure they can think of others.
Don't let THEM immanentize the Eschaton!
I'm more interested in when they will be sued for blocking accounts based on "terrorist" last names.
Human rights, anyone?
parasight.de
Does it mean that PayPal will stop blocking accounts (and the money in them) for peregrine reasons like, in my case, your name sounding similar to Al Qaeda's terrorists? And I'm not even in the same continent nor religion as them!
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I sold some information (nothing exotic). It was only $125 and i delivered my end. -a clean deal. A few months go by and i log into my account and see -125 So i say, "WTF why do i have a chargeback & why was i not contacted seeing how you have all my personal info" (acurate info)
/end rant
They say i did not suppy tracking information when asked. I had 3 days to send this info before my account was jacked by some little twerp. (zabasearch gave me his home address) I did not check this email because it is only used for paypal, & with no business going on.. why check it?
So not only did i loose the data i sold,.. but i ended up paying somebody to take it for me.
So if you sell something as a "service" how are you to provide a tracking number? Any graphic or website payment can be charged back
-another loophole & it seems that paypal does not give a shat about the person who has been using the service from the beginning.
now i have to deal with the twerp & waste more time.
Kill your TV
Reduce, reuse, cycle
If I pay someone on ebay by a bank transfer, they give me their details, not the other way round (so my privacy is actually maintained, of course they get an address to post the goods to). I don't use ebay much, but from my recent use it appears that a reasonable amount of (power?) sellers openly publish their bank details for payers' convienience. To transfer money I need the accounts name, sort code and account number, and with that info I can only put money into the account, not remove any. The ebay seller would get my bank details on their statement probably.
Of course I'm aware of the 419'ers, but no (British) bank should let funds be removed from an account with just the a/c name, number and sort code, AFAIK! I have heard the senario you have described above before, and always taken it with a pinch of salt, but that doesn't mean I'm blazé with my bank info. Also, that bank info is nothing more than can be shoulder surfed from my card anyway, or from the bottom edge of a cheque - i.e. the info is essentially in the open anyway. If I am a fraud victim and I haven't disclosed anything stupid (like my PIN), then my bank should be receptive to giving me a refund (they should refund fraud victims no matter what, but I digress). If I have allowed a corporate entity to drain my account because I didn't read terms and conditions correctly, then I'm a bit fucked.
Car analogies break down.
It is run and sponsored by the competition. The webmaster tries to deny that saying he's just advertising alternatives, but the alternatives advertised on paypalsucks.com are FAR WORSE and just fronts for laundering and identity theft.
StormPay
iKobo
YowCow
Yell & scream & rant & rave... it's no use... you need a shaaaave ~ Bugs Bunny
The 419 scam is usually more work for them than that. The scam usually runs like "Hey, I have all this money, and I'll give you some if you front me the money to get it out of the country". All they steal is the money you send, though frequently they get even more when they ask for money for "additional unexpected circumstances". Once they've found somebody sufficiently greedy or gullible, they milk them, not the account.
Occasionally it's been known to turn to kidnaping and ransom when people visit Nigeria to try to get their money back or even follow an invitation to "help".
It's also called "Advance Fee Fraud". I still don't know why it's the Nigerians who make it so famous, since the scam has been played for centuries, even without bank transfers. They just seem to have turned it into a national industry.
Up until 2 weeks ago, I would have said the same thing. I've used Paypal for about 4 years, bought/sold hundreds of items on eBay, paying exclusively through Paypal. I even had the debit card, which I used to take advantage of their cash-back for Visa purchases.
In July, I sold an item on eBay, got paid for it, life went on. Second week of September, I get an email from Paypal saying that they had reason to believe this item was paid for with fraudulent funds, and asked me to provide tracking info, etc., for the item sold. I did, gave them everything they asked for.
Two weeks later, I get another email from them, stating:
"We have conducted a review of a payment that you received. In this case, returning the funds to the sender was determined to be the appropriate action, and we have completed a reversal of the payment. Good selling practices, like trackable shipping, prompt shipment, and communication between buyer and seller help prevent disputes."
Huh? I provided them with a tracking number, delivery was confirmed, item was shipped the same day payment was received. I contacted the buyer (this person has purchased multiple items from me, I have no reason to not trust them), asked them if they knew anything more than I did. They have not received any refund from Paypal, and in fact didn't even know there was a problem.
So, who was my money "returned" to? Repeated emails to Paypal have been ignored, so I've closed my account, I'll never use Paypal again.