Sunday, January 14, 2007

Paypal! Don't sign up!!!

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"PAYPAL PROBLEMS" AboutPaypal.org is an Anti-Paypal website created with the sole purpose of exposing the horrors of doing business "The PayPal Way". We are committed to assisting the public in making an informed decision about PayPal. VIRUS ALERT! If you see the email below, DO NOT click on the link. Just delete the email from your mailbox. "Congratulations! PayPal has successfully charged $175 to your credit card. Your order tracking number is A866DEC0, and your item will be shipped within three business days. To see details please click this link. DO NOT REPLY TO THIS MESSAGE VIA EMAIL! This email is being sent by an automated message system and the reply will not be received." Thank you for using PayPal. "Largest Service Interruption in PayPal History" October 13, 2004 Paypal merchants were outraged again this month due to one of the largest service interruptions in PayPal history. The interruption, which left thousands of paypal merchants without service, resulted in millions of dollars in lost sales for merchants across the country. "We let our community down, and I want to apologize to the users who were affected by these issues," chief executive Meg Whitman said in a conference call with investors. The sad thing is that most PayPal merchants don't understand the importance of having a REAL MERCHANT ACCOUNT of their own. PayPal is not a real merchant account. PayPal's week-long service interruptions certainly won't help anyone's business (including their own). Should I use PayPal to Accept Credit Cards Online? PayPal Provides you with a PayPal Account and not a Real Merchant Account. Your money is deposited into a PayPal account, which PayPal Controls, rather than your own bank account. If PayPal even wonders for a second about the validity of a transaction, they can Freeze Your PayPal Account Immediately and suck all your money out. They can even pull your money directly out of your personal bank account, many times without even a phone call or e-mail. If you think PayPal treated you unfairly and want to dispute their decision, You Will Be At Their Mercy as PayPal plays the role of the Investigator, Judge, Jury and Executioner in all issues regarding your account. (You agreed to all of this, when you signed up.)Sound fair? We don't think so. Explaining your version of what happened, in most cases seems to make no difference. They will refuse to provide you with detailed information from their investigation and will not disclose documents they relied upon to make their decisions. You should expect to wait At Least 6 Months Before You See Your Money Again. In some cases, the wait time can exceed 6 months and run into a shady Grey area, where "Never" Seems To Be A More Realistic Time-Frame. If you want to complain about it, Paypal seems more than happy to give you the run around with Terrible Customer Service including extra long hold times, delays, and dead-end auto-responder e-mails like this one: [Thank you for contacting PayPal. We apologize for the delay in responding to your service request. After review, the decision has been made to keep your account locked. This decision cannot be appealed. If you have any further questions, please reply to this email.] Press them a bit harder and you may convince them to do an investigation. However, don't count on PayPal considering your side of the story in the investigation. Just consider this an easy way to Blow You Off And Get You Off The Phone. PayPal Won't Do That To Me Are You Sure? After all, there are thousands of detailed horror stories posted all over the web about people being Robbed, Abused, Unfairly Treated, Lied To And Scammed By Paypal. If you don't believe it, just type in (PayPal froze my account) into any major search engine. You'll discover thousands of businesses that were ruined by PayPal (And these are only the ones that decided to post their stories online.) Sadly, everyone who gets burned by PayPal thought it couldn't happen to them, and then it did.

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