Tuesday, June 06, 2006

We were shocked...

Being a Power Seller on Ebay with 99.6% good feedback from 441 happy buyers/sellers, we were astonished to find out that PayPal had blocked our account. Having around $12,000 from recent auctions sitting in our PayPal account, it seems that PayPal found an opportunity. They actually performed an "audit" on our selling activities, wanting information about our customers, our suppliers, invoices and other proprietary information. We run a brick and mortar business as well as mail-order and ecommerce, selling specific parts for specific applications. We have been doing this for 30 years! We could not believe the audacity of these folks. After doing some research, it seems that our case is just a drop in the bucket. We have started this site to help spread the word on PayPal's unethical business practices, to hopefully steer someone who is considering using PayPal as a payment acceptance avenue, in a different direction.

Comments:
Why in the world would you leave $12k in your Paypal account in the first place? I clean my account out when it hits $100.
 
GO PayPal! Defeat the fraudsters :)
 
Paypals illegal practices are outrageous. They are low-life criminals hiding behind suits and ties. Let's get together and kill the beast anyway we can.
Think it can't happen to you? Neither did the rest of us. Check out screw-paypal.com, paypalsucks.com, 2 of the many similar sites.
 
paypal also tried to 'audit' me out of nearly 400 bucks. This was my third bad experience in two months so screw them. Cleaned out my account and i'll never deal with them again.
 
WARNING PAYPAL AND EBAY USERS


PAYPAL, AN EBAY COMPANY, ARE NOW STARTING TO HOLD FUNDS OF THEIR SELLERS
WITHOUT CAUSE AND WITHOUT WARNING.

THEY WERE FINED BY NEW YORK STATE AND LOST MILLIONS IN A LAWSUIT FOR THIS

YET THEY JUST STARTED DOING IT AGAIN.

BECAUSE OF THE ECONOMY THEY MAY BE IN TROUBLE AND THERE IS NO PROTECTION AS THEY ARE NOT A BANK.


PAYPAL ACCOUNT HOLDERS:

DO NOT SEND OUT ANY MERCHANDISE UNTIL YOU CAN VERIFY THE PAYMENT IS IN YOUR BANK!

DO NOT TRUST PAYPAL, DON'T BE A VICTIM!

DO NOT USE PAYPAL AS A PAYMENT METHOD!

DO NOT GIVE THEM ANY BANKNING INFORMATION!


KEEP UPDATED ON PAYPAL BY GOING TO:



www.Paypalwarning.com

www.PaypalSucks.com

www.Screw-Paypal.com

www.EbaySucks.com

www.Aboutpaypal.org

www.Paypalpetition.com

www.EbayPigs.com

www.ygoodman.com/paypal.asp

www.suspendedfromebay.com

www.NoPaypal.com




***PLEASE SEND THIS TO SOMEONE YOU KNOW WHO USES EBAY AND/OR PAYPAL
SO THEY CAN PROTECT THEMSELVES.

THANK YOU!
 
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