The company I work for needed to get some things through PayPal and I attached their bank account and credit card to my account so they could take care of some things. The VERY NEXT DAY my account was limited. They immediately associated my account with a PayPal account I had 2 years ago with a negative balance. Because of this, the business is now UNABLE to have their own PayPal account because their bank and card is attached to mine.
After speaking with Liz who's PayPal Badge Number is 182899 she told me in a recorded conversation that there is NO-ONE at PayPal who would be willing to take action and remove the business information so they can have their own account. EVEN THOUGH their information was on my personal account. They would not let them take their own bank account and credit card off my account.
In Short, PayPal limited an account after it had been opened for over a year immediately after this business had their information attached to the account. They immediately found a reason to go after a person by taking advantage of a company. They could have limited this account any time within a 12 month period but they suddenly choose to limit it today? Needless to say, I paid my balance and removed the limitation but only because the company needed to have their bank and card back so they could create their own PayPal account.
PayPal uses other people's money to their advantage, they can limit accounts on the fly, and they do what they want with their users. PayPal is an UNSAFE system for the Business Owner to utilize in the terms of they have Full Control, you do not*
Unfortunately their are not that many alternatives to PayPal on the market today which PayPal uses to their advantage. They make interest on their account balances and they make a lot of money. It's like they're greedy enough to make others suffer. Bravo right, I say this is a poor business practice and the company needs to think about the way they do business with their users. I also think eBay needs to think about using another alternative to PayPal.
It's up to you what you want to use, but frankly I'd rather work with a company that works with me like Payza, Escrow.com, and Moneybookers or Skrill. The fact that I take the time to review this experience should be enough for you to not use their selfish and greedy service.
I was also told by Liz that I could get a copy of the call since "they record all their calls". Once I got to the right department, they said I needed to call their Legal number at 408-967-9915 and I'd have to subpoena to get the call. My guess is they will destroy the evidence now and say no such call happened. God the whole company upsets me and what's hard is you can't get mad at their reps, they are just doing their job which the beast has trained them to do.
I hope this helped some of you make the right decision.
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