PAYPAL HOLDINGS, INC


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"Products" offered by PAYPAL HOLDINGS, INC with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Cashing a check without an account
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card - Store credit card
Credit card or prepaid card -
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Government benefit card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit card or prepaid card - Student prepaid card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan debt
Debt collection - Telecommunications debt
Debt or credit management - Credit repair services
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Money order, traveler's check or cashier's
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Money transfers - International money transfer
Mortgage - Other mortgage
Other financial service - Check cashing
Other financial service - Debt settlement
Other financial service - Foreign currency exchange
Other financial service - Money order
Other financial service - Refund anticipation check
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Prepaid card - General purpose card
Prepaid card - General-purpose prepaid card
Prepaid card - Gift card
Prepaid card - Gift or merchant card
Prepaid card - Mobile wallet
Prepaid card - Other special purpose card
Prepaid card - Payroll card

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Complaint ID: 3768007

Date Received: 2020-07-28

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/20 paypal placed two of my payments from a vendor that's paid me hundreds of time on paypal into a hold. when i contacted customer service on XX/XX/20, i was told there was no security hold and they would be released. when i went in on XX/XX/20, i found they were not released and contacted customer service. ive received so many different versions from these csr 's working at home. no one can give a straight answer and they just have no clue what they are doing. i can't get a manager on the phone or anyone to release these funds. they sent me instructions to send to the client that did not work and then when i asked for another route, we started back at the beginning with a csr that's unfamiliar with the situation. their own security system shows no reason for these to be held but it's like their managers are remote so aren't working currently. seems like they are holding the funds just to collect extra interest. very shady.

Company Response:

State: FL

Zip: 322XX

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3767930

Date Received: 2020-07-28

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: Pay Pal states there is a restriction on my account but has made no effort to help me reestablish this account. This is how swagbucks would pay me money on my surveys is through paypayl. I have not violated any of paypals privacy acts. I emailed the resolution center and got access to my account. Your account access is limited To view and resolve the limitations that have been applied on your account, you can visit the account limitations page. You can't use PayPal anymore At PayPal, we value a safe community for our customers to do business. We noticed activity in your account thats inconsistent with our User Agreement and we no longer offer you PayPal services. Any bank or credit card information linked to your PayPal account can not be removed nor can it be used to create a new account. You can still log in and see your account information but you cant send or receive money. Any money in your balance will be held for 180 days, after which well send you an email with instructions about transferring your money. Reference ID : XXXX There has been no reason for this and I need help opening my account as there is a linked account and a deposit was made. I have a email stating account verified and ready for use. Please help me.

Company Response:

State: TX

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3767490

Date Received: 2020-07-28

Issue: Other service problem

Subissue:

Consumer Complaint: Hi, My problem is with Paypal. I run a company here in XXXX and customers pay for products via Paypal. In XXXX I removed my old bank account so that I could replace it with a new bank account. Unfortunately, Paypal had locked all information changes which prevented me from changing anything on the account, including a new bank account. The old bank account wouldn't work either. Since then I have emailed them probably 30 times. Each time a robot comes back and says a typical we are sorry to hear your issue and tells me to try adding the bank account. Obviously this does not work. Eventually, it seems like a person comes to respond and says it is not possible to fix over the internet and you must contact Paypal by phone to fix the issue. But unfortunately, all phone lines are not working due to COVID. Perhaps wait a few days. Its been 7 months and have called all possible phone lines only to be hung up stating ... due to COVID 19 all phones are not available. My company is very reliant on these funds. Especially during our troubling times. Through this period of time, I have lost a lot of money due to the diminishing USD - NZD. I can not comprehend that they can get away with this. I have threatened court action and am now looking for a lawyer to contact them directly in the US. I just want my XXXX back so I can be done with this shoddy company. They have left their company to sail in the wind with major ramifications affecting their customers. I can not believe this company functioning as it is. What can I do??

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3767289

Date Received: 2020-07-28

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: PayPal issued a refund from my account to a buyer for an item that I sold on XXXX. Even though XXXX previously denied the buyers request for a refund due to signs of fraud, being attempted on the buyers behalf. The buyer waited a few months and contacted XXXX and was able to successfully conduct a fraudulent refund based on PayPals practices. Which are a breach of XXXX policy to detect abusive tactics from both buyers and sellers on its platform. This is why XXXX closed the case months earlier when the buyer made his first attempt to scam me, the seller ( out of my product, and the payment that was issued to my paypal account ) for the product I sold. When I noticed that this was a scam I immediately alerted XXXX that PayPal was holding my funds and that I suspected this was a scam on the buyers behalf. XXXX escalation department examined the case closely, and agreed that this was an attempted scam on the buyers behalf. PayPal was notified and released the funds in my account. If PayPal had already been notified about this scam from this buyer. Why did they issue a refund to this buyer who was clearly a scammer? Pay pal refunded the money without proper evidence, and at my expense. I lost merchandise, the payment, and gained a negative point on my credit score ( for a negative balance of {$460.00}, because of their poor customer support practices, and conflict of interest policies.

Company Response:

State: CA

Zip: 91601

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3766591

Date Received: 2020-07-28

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: This complaint is against 2 companies : XXXX XXXX XXXX ( XXXX, NY ) & XXXX XXXX ( XXXX, DE ). I, XXXX XXXX, received a letter dated XX/XX/XXXX from XXXX XXXX indicating I owed a balance of {$3300.00} that had gone into collection from PayPal , Inc . Since I have never had an account with PayPal, I filed a complaint with the XXXX and XXXX XXXX quickly indicated that no debt was owed. I did not take it to the CFPB at that time since they fixed it. However today, XX/XX/XXXX, my wife, XXXX XXXX, received the exact same letter in the mail only it is for the amount of {$1400.00}. She just disputed it to the XXXX on her behalf to hopefully have that balance removed as well. If you go to the internet and search up this company, the first XXXX auto-search shows " Paypal scam '' so obviously this is a real problem. Their mailing address on both of the letters say : XXXX XXXX XXXX XXXX, TX XXXX That address on XXXX XXXX looks like a shack in the middle of nowhere. The second complaint is against XXXX XXXX as I, XXXX XXXX, received a collection notice for PayPal in the amount of {$46.00}. Coincidentally, that letter is also dated XX/XX/XXXX just as my wife 's was dated. Both of these were sent to our home address. If you XXXX XXXX XXXX, a similar auto-result shows up indicating " PayPal Scam ''.

Company Response:

State: TX

Zip: 787XX

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3765984

Date Received: 2020-07-27

Issue: Unexpected or other fees

Subissue:

Consumer Complaint: On XX/XX/2020, I sold a bike using XXXX XXXX. The buyer come to my house, picked up the bike, and paid me {$130.00} via PayPal. After the transaction was complete, and the seller left, I realized PayPal had placed a " mandatory '' 21 hold on the {$130.00}, to " allow for shipment ''. But I do not now, nor have I ever, shipped items to anyone. I reached out to customer service, and after going in circles with their automated online assistant. A live customer service agent told me that I would need to contact the seller and have them log into their account and let PayPal know that the item had been received for them to release the funds to me. I reached out to the buyer, but they are unable to log into their PayPal account. So PayPal has my funds frozen, and unavailable to me. I do not understand how this is legal. They've imposed an unreasonable rule and are illegal withholding my money. Please help. I do not own a business, or have any resources to fight this. I need the CFPB to help me.

Company Response:

State: TX

Zip: 76137

Submitted Via: Web

Date Sent: 2020-07-27

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3765614

Date Received: 2020-07-27

Issue: Managing, opening, or closing your mobile wallet account

Subissue:

Consumer Complaint: I opened PayPal account and had my unemployment benefits sent .now they froze my account with XXXX dollars in it and tell me I can use paypal Anymore .will not allow me to access my money.

Company Response:

State: GA

Zip: 317XX

Submitted Via: Web

Date Sent: 2020-07-27

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3764853

Date Received: 2020-07-27

Issue: Problem with a purchase or transfer

Subissue: Card company isn't resolving a dispute about a purchase or transfer

Consumer Complaint: on XX/XX/XXXX made a {$170.00} digital gift card purchase from pay pal to make a {$160.00} XXXX purchase from XXXX XXXX an online sale of XXXX XXXX. on XX/XX/XXXX i contact XXXX XXXX only to find out that pay pal did not process the digital gift card at which point i demand a refund which paypal refused stating no refund on gift card i purchase this card for the sole purpose of a transaction with XXXX XXXX since its pay pals negligent in processing the transaction. digital gift order # XXXX Amount {$170.00} case # XXXX

Company Response:

State: DC

Zip: 20002

Submitted Via: Web

Date Sent: 2020-08-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3764602

Date Received: 2020-07-26

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On or about XX/XX/2020 I advertised and sold a watch on XXXX The buyer sent the funds to my Paypal account. I then shipped the watch to the buyer with tracking number. The watch never arrived to buyer, or so he claims. The money was withdrawn from my Paypal account and Paypal refunded back to buyer. I do not have the watch nor do I have the money. Paypal has also put a hold on my account and will not permit me to withdraw {$200.00}. that sits in my account.

Company Response:

State: FL

Zip: 342XX

Submitted Via: Web

Date Sent: 2020-07-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3764589

Date Received: 2020-07-26

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Transaction from Paypal to XXXX XXXX. XXXX XXXX given account has been closed on XX/XX/XXXX. Below is Copied from from Paypal : Bank Account -negative {$1200.00} XX/XX/XXXX Transfer to Bank Transfer from PayPal Cash Plus balance Transaction ID XXXX Transfer to XXXX XXXX XXXX {$1200.00}

Company Response:

State: MA

Zip: 02474

Submitted Via: Web

Date Sent: 2020-07-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.