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: 3743069

Date Received: 2020-07-13

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

Subissue:

Consumer Complaint: In retribution to a complaint filed with the CFPB and XXXX related to one of my business accounts, today, with no change/activity in account status Paypal has closed my XXXX XXXX account. This account has been limited previously, most recently when my other XXXX account was limited. I have always complied with Paypal 's requests, provided valid information, and paid a significant amount of money in fees to this horrible company. Today I received an email that stated that Paypal has decided to close my account without warning and their standard " terms of use ''. This is a clear move to punish me based on my other complaint and should be handled as such. They have now made it impossible to transact on multiple other services due to their unilateral bad faith and retribution.

Company Response:

State: TX

Zip: 78745

Submitted Via: Web

Date Sent: 2020-07-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3742073

Date Received: 2020-07-13

Issue: Fraud or scam

Subissue:

Consumer Complaint: I had a customer on Paypal and he paid me on Paypal then I shipped him his item. After that he opened a " not as described '' dispute on XX/XX/2020 Case ID XXXX and {$5400.00}. after a long story we ( buyer and me ) came to an agreement. Buyer called his financial institution ( XXXX XXXX ) and closed the case my favor ( seller favor ), So in order to make sure that he is telling the truth I called to XXXX XXXX myself and they told me the case has been closed in my favor and Paypal has been notified since XX/XX/XXXX. today is XX/XX/2020 I contacted paypal so many times and they say they have not gotten any update. I'm sure paypal isn't honest with me and it's keeping my money illegally

Company Response:

State: CA

Zip: 90063

Submitted Via: Web

Date Sent: 2020-07-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3742072

Date Received: 2020-07-13

Issue: Other transaction problem

Subissue:

Consumer Complaint: On the evening of XX/XX/XXXX, I purchased an item online using PayPal as means of payment. This is the first time I have ever used PayPal account. On XX/XX/XXXX, PayPal transferred {$39.00} from my bank account then immediately sent me an email stating there was unusual activity on my account and immediately locked me out of my PayPal account. All efforts to resolve the issue have been futile. My attempts to call PayPal regarding the problem have been futile. I have sent numerous emails to PayPal trying to resolve the issue and demanding a refund back to the same bank account they withdrew the money from. I keep getting messages about unusual activity on my account and to login to my account but it is impossible to login. I wrote to PayPal through regular mail on XX/XX/XXXX requesting a refund and for some one to contact me. PayPal has ignored my requests for a refund or any effort to a resolution.

Company Response:

State: GA

Zip: 304XX

Submitted Via: Web

Date Sent: 2020-07-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3742069

Date Received: 2020-07-13

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Here is a brief timeline of events that I can access on the Venmo app. In short, two unauthorized devices accessed my account, resulting in a series of transactions that led to a net loss of {$890.00} from my account. Venmo 's user agreement protects me from unauthorized transactions, yet upon filing reports, Venmo freezes my account for a nebulous breach of their user agreement ( the reason is, of course, not disclosed, just like their investigation results ). - XX/XX/XXXX : A random stranger sent me two transactions of {$500.00} each. I did not notice this until later. - XX/XX/XXXX : 4 transactions totalling {$1800.00} were sent to a different stranger, who somehow got on my friends list. I also did not notice this until later. - XX/XX/XXXX : I attempt to use Venmo, and find it frozen. I talk to customer service via Venmo app to dispute the transactions and they inform me they have put an account specialist on it. - XX/XX/XXXX : I am informed via e-mail that my Venmo account requires verification with my photo ID. I provide it to them via their website, as instructed. - XX/XX/XXXX : An account specialist contacts me, who informs me they have reviewed my account activity and has denied my claim. Included in that email is that they are willing to review it if I provide them with additional information. I do what investigating I can ( which is limited because they refuse to help at all unless it is with an official police investigation ) and email him back with the following information : - I point out the specific transactions I wish to dispute again. - I give out logical explanations on why none of the subjects make any sense ( topics such as medicine for parents, birthdays, sisters ) and offer to provide documentation supporting my reasoning. - I ask that they check up on the locations/background of the two strangers, and tell them where I have lived for basically the past 20 years and offer to give them access to my social media and phone contacts so they can make sure I have no connection with them. - Venmo has a tab on the app showing " Remembered Devices, '' which shows generally the location and type of device that it remembers. I notice two devices from random locations added to that list, one from GA on XX/XX/XXXX and another from TX on XX/XX/XXXX. On both of those days, I am in XXXX, and I offer to provide proof of that. I have never traveled to either of those locations ( except maybe passing through GA long ago ). In addition, the only device I have ever sent money from is my one phone, though I have accessed Venmo from a couple of computers before. -XX/XX/XXXX : A different account specialist contacts me, telling me they have permanently frozen my account. I attempt to talk to a supervisor, escalate it, or reopen this case, but am given a canned response about how it can no longer be escalated and he considers the matter closed. In the process, I inform this account specialist that I am in the midst of talking to the other account specialist, but this one informs me the previous account specialist also already denied my claim. ***After sending MANY follow up requests for the rest of XXXX, giving ample time of about a week for responses, including requests for information about how to secure my accounts and information about the case, which were all ignored by the account specialist until I followed up on social media, I finally got two responses, each time prompted by social media requests. This shows blatant disregard for their consumers ' identity safety, but I digress*** - XX/XX/XXXX : All of my questions were ignored, and the only thing that was sent to me was referring me to tell the police to file for additional information online. ( This account specialist wants me to tell the police how to investigate a case? ) I immediately reply with my questions once again. *** I move to social media to prod for a response after two weeks, and also send an additional email on XX/XX/XXXX XXXX - XX/XX/XXXX : The account specialist once again ignores my question about how to secure my account and what information was accessed by the fraud occurring to my account. He finally responds that he denied my claim. The reference ticket for this exasperating chain of email was # XXXX with XXXXXX/XX/XXXX The other reference ticket freezing my account was # XXXX with XXXX XXXX. I have provided attached screenshots from the Venmo app, showing the unauthorized devices. For as long as I have had Venmo, I have lived in North Carolina, and all of the devices I used with it reflect that. There are also a series of 6 screenshots showing the unauthorized transactions individually, as well as 2 screenshots from my feed which shows them mostly consecutively. I have attached a screenshot of the scammer account 's friends, which are basically non-existent. The other scammer has no friends. Both of them have basically zero transactions besides the unauthorized transactions that I can see. These are clearly scammer accounts.

Company Response:

State: NC

Zip: 27606

Submitted Via: Web

Date Sent: 2020-07-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741788

Date Received: 2020-07-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I sent some money to XXXX XXXX back in XXXX in three transactions for some products I never got, after trying to work with this seller to get these products the seller blocks me. I then dispute the charges with Paypal who says the charges are legit and that nothing needs to be done. Paypal has also on many occasions allowed people to hack my account and do harm to me, and to my friends.

Company Response:

State: MS

Zip: 38632

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741602

Date Received: 2020-07-12

Issue: Problem with a purchase or transfer

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

Consumer Complaint: On XXXX I made a purchase with XXXXXXXX using my Venmo card. I received an email this morning XXXX, stating that my account was frozen, due to insufficient funds for my purchase of {$11.00}. I traced it back to the XXXX purchase. I contacted Venmo customer support and was informed that I AM responsible for the declined purchase, even though the funds were in my account at the time of purchase. I was informed that normally after 8 days of a held payment, that Venmo refunds the amount, WITHOUT cancelling the purchase, and WITHOUT informing the consumer. I'd like to mention that it was 3days they held it before returning it to me instead of the 8 ) .nSo I inadvertently spent the payment I was unaware was " returned ''. *There is nothing in my transactions that even shows the purchase now, nevermind the return* Customer service told me I'm still responsible for the transaction even tho I wasn't wrong, and that my account will remain frozen ( and unable to close ) until I repay them for THEIR mistake. I was repeatedly informed that this was a final decision, and basically they can do whatever they want. I have unlinked my banks from Venmo, and am so upset that this is falling to me, who was unaware anything was wrong in the first place. I'm attaching my transcript with customer support. She agrees with me completely, but says the responsibility falls on me anyways. Thank you for your time and help in this matter, XXXX XXXX

Company Response:

State: FL

Zip: 322XX

Submitted Via: Web

Date Sent: 2020-07-31

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741391

Date Received: 2020-07-12

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: Letter dated XX/XX/2020 states I have a debt to PayPal, inc sent to XXXX XXXX XXXX, XXXX to collect. I logged into the site provided with the XXXX XXXX number and the last four of my SS #. It won't log me in. This debt is caused mostly likely from someone who knew my name, address and my email and opened a fraudulent PayPal account. I should not be responsible for this.

Company Response:

State: NY

Zip: 132XX

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741228

Date Received: 2020-07-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I want to add a bank to withdraw my money, but I can't increase the bank, and I can't get in touch with paypal Link a bank account Theres a problem with your account. Please go to the resolution center so we can help you resolve this quickly. My mailbox XXXX XXXX

Company Response:

State: IL

Zip: 60115

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741227

Date Received: 2020-07-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I want to add a bank to withdraw my money, but I can't increase the bank, and I can't get in touch with paypal Link a bank account Theres a problem with your account. Please go to the resolution center so we can help you resolve this quickly. My mailbox XXXX XXXX

Company Response:

State: TX

Zip: 75212

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741225

Date Received: 2020-07-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I want to add a bank to withdraw my money, but I can't increase the bank, and I can't get in touch with paypal Link a bank account Theres a problem with your account. Please go to the resolution center so we can help you resolve this quickly. My mailbox XXXX XXXX

Company Response:

State: TX

Zip: 79934

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with non-monetary relief

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.