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Comments on: PayPal settles customer suit

eBay online payment unit admits no wrongdoing in freezing funds, but agrees to changes.

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PayPal still holding over $11,000 of my money!
by cjgarrison June 14, 2004 9:05 PM PDT
PayPal needs a lesson in customer service. After several months
of 100% positive feedbacks on over 330 items, I sold some items
in May and I still have yet to be able to collect my money from
them or be able to refund over $11,000 of my money - though I
have done absolutely nothing wrong... they are simply trying to
cover their saftey concerns and don't care that I am not able to
get my money... they said up to 180 days! I am (or maybe was)
an eBay PowerSeller, and now that I can not pay my eBay fees,
even that account may be lost. I sure would like to knwo the
lawyers that handled this, maybe they could help me - eBay ID:
hireauctions - let's help PayPal get better for us all!
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chakwalimunda@hotmail.com
by chakwalimunda November 15, 2006 5:03 PM PST
paypal is holding my $8500.00 for 6 months, contact me if we can help each other out
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PayPal, Inc. blocked us from our funds.
by cooldeals2go December 1, 2007 3:51 PM PST
Consumer's Original Complaint :
On 11/29/07 after we listed 2 very successful products on eBay from time period 10/28/2007 as user cooldeals2go and generated over 24,000.00 in sales for a four week period, PayPal, Inc., restricted access to our funds (which we cannot transfer $11,999.69 USD in funds to our bank account) and had eBay close/suspend our account cooldeals2go.
we were not selling any items that are illegal and our products were down loadable from the Internet and did not break any copyright violations.
we did notify PayPal, Inc., by phone to prior to 11/15/2007 to to let them know to expect an increase in sales so they would be provided with what we were selling, we also own www.hostitplanet.com and reconfirmed them about our sales. Therefore we felt we were clear with notifying them, we bought and paid with our PayPal, Inc., Inc. credit card an auto mobile and the had some services that were paid prior to them blocking access to our funds. (which they have blocked any payment being sent out) so we risk loosing our vehicle and reputation as a citizen in our area. also the restriction has caused eBay to suspend our account which means loosing an estimated amount of $3,000.00 in sales per day and the inability to send products to our customer totaling around $2,500.00. We have contacted PayPal, Inc., Inc. 5 times in a two day period from the time they restricted us, and supplied all requested information which we can verify we sent.
via screen shot to the items we submitted we have also some disputes from October that PayPal, Inc., has neglected to deal with for over a month.

If you have a similar issues, go here for
PayPal Problems, Information, Issues, Class Action Lawsuits - PayPal
Don't want to deal with PayPal go here
(alternative)Accept Credit Cards Online Today!
http://www.paypalwarning.com/home
.
by June 17, 2004 3:25 AM PDT
That's why I transfer Pay Pal funds to my checking account after receiving an auction payment.
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Pay Pal admits no wrongdoing !
by etoussier June 23, 2004 8:11 AM PDT
This is a drop in the bucket for the Tyrant.

Don't get me wrong, I am glad to hear that Pay Pal agreed to settle, and will pay 9.25 million (unfortunately, I am not a part of the lawsuit)... Nobody pays 9.25 million if are innocent... But I would have preferred to hear that it was ordered by a Judge, rather than reached in a settlement where they admit no wrong doing. But fighting a giant like Pay Pal can be tiring, and I can understand the need to settle instead of fighting in court forever.
Ellis
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