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: 3514080

Date Received: 2020-01-29

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

Subissue:

Consumer Complaint: ISSUE : PayPal is holding my money, denying any attempt to release it. This is involving my business account. I have not had any complaints from buyers or have not sold any service that is unacceptable. There is no fraudulent violation in this case. I am not the first one that this happened to in my family. We have dealt with PayPal before unsuccessfully. Attempts to resolve any issues are very hard and time consuming since their representatives are very mean, they try to make you guilty for putting the account in the state it is. Any requests to speak to managers or higher up people who are likely to help are denied. Chat support is useless as they can't help with anything regarding fund holds. This is our living money and it is unacceptable. It is abuse of powers to hold the money I feed my family with. I have two little children that depend on me. Having to deal with PayPal begging them for MY money that I earned is emotionally draining and is affecting my health ... SERVICE INVOLVED : Regular business PayPal account AMOUNT : {$4600.00} NOTICE OF FUNDS HOLD : XX/XX/2019 SERVICE AGREEMENT : was acc epted during account creation but I have not read it fully I HAVE CONTACTED PAYPAL personally in an attempt to release my money and was told it's impossible. I have had my lawyer mail them a letter requesting reasons for hold and requesting to release the money. We have not heard anything from PayPal since th e letter was mailed in XX/XX/XXXX.

Company Response:

State: OR

Zip: 97266

Submitted Via: Web

Date Sent: 2020-01-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3513355

Date Received: 2020-01-29

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/2020 at approx. XXXX I transferred {$210.00} to a paypal account to purchase concert tickets. I never received the ticket transfer. I contacted XXXX when they opened on XX/XX/2020 at XXXX and verified the order number given to me was fraudulent. I immediately contacted paypal to let them know and wanted to file an escalated dispute to cancel the transaction and stop the payment. I was told they could not help me. I have email documentation where the tickets for sale were misrepresented to me.

Company Response:

State: SC

Zip: 29063

Submitted Via: Web

Date Sent: 2020-01-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3512891

Date Received: 2020-01-29

Issue: Fraud or scam

Subissue:

Consumer Complaint: One for {$150.00} sent to XXXX and {$150.00} sent on XXXX I was scammed into buying dogs online and the person wont refund my money and paypal refuses to dispute it because it was sent as friends and family. They have sent me fake emails from fake companies and called me from fake numbers

Company Response:

State: NY

Zip: 14420

Submitted Via: Web

Date Sent: 2020-01-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3512737

Date Received: 2020-01-29

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I received an email saying I sent money to someone from my credit card account through paypal. I did NOT do that and I don't know the name it was sent to.

Company Response:

State: PA

Zip: 17601

Submitted Via: Web

Date Sent: 2020-01-29

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3511543

Date Received: 2020-01-28

Issue: Problem with a lender or other company charging your account

Subissue: Can't stop withdrawals from your account

Consumer Complaint: My name is XXXX XXXX, approximately two months ago my checking account at XXXX XXXX XXXX was hacked. Since that time we, ( the Bank and I ) have been trying to close the account. Because the hacking left the account in an overdraft I was unable to close the account until I had the funds to bring the balance back to XXXX. I reached out to all the vendors with a direct debit to that account to use a different account which I had set up. The account number in question is XXXX. The bank requires as you know the account have no transactions within 5 days and no overdraft balance in order to close the account officially. The only vendor that has continually hit that account, after several attempts to give them another option is PayPal. I have copies of a written transcript concerning resolving the issue and specifically asked them to use the new account. They assured me that the would close that account on their system. I checked my account this morning and PayPal have hit the old account again causing a overdraft fee against my specific requirements. I will attach a copy of the transcript. This is the third time this has happened and the bank was kind enough to waive the overdraft fee as i showed them the transcript from PayPal. PayPal agreed to send me a letter that they had closed the account from their records which they also failed to do.

Company Response:

State: FL

Zip: 33782

Submitted Via: Web

Date Sent: 2020-01-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3511327

Date Received: 2020-01-28

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Initiated a dispute with PayPal which was initially refunded in the amount of {$39.00} ( Refunded XX/XX/XXXX ). Refund was for a cancelled subscription service that was cancelled under the free trial period and should not have been billed. Initial transaction was erroneously made on XX/XX/XXXX. Later, PayPal reversed their credit and placed the paypal account into a negative balance for the transaction amount ( XX/XX/XXXX ). In the course of this, PayPal limited the account and it is unable to be used before satisfying the negative balance that should not be present. PayPal 's assigned case number is Case ID : XXXX. PayPal credit mastercard was also billed on XX/XX/XXXX by the same merchant which has a cancelled account, a dispute has been initiated with the servicer of the PayPal Mastercard. PayPal has not responded to requests in an expedient manner. PayPal also ignored 2 other small claims ( amts of $ XXXXCAD and $ XXXXCAD ) that were made for items not being delivered.

Company Response:

State: NH

Zip: 034XX

Submitted Via: Web

Date Sent: 2020-01-28

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3509991

Date Received: 2020-01-26

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Below please find the details of my transfer of {$2000.00} USD via PayPal to my fiance ' in The XXXX. Instead of sending the cash to the recipient, PayPal allowed a " company '' named XXXX intercept the money and they will not release it until XX/XX/2020. She needs this money to give to an attorney on XX/XX/2020 for a legal matter. XX/XX/2020 money sent to ; XXXX XXXX XXXX XXXX Your recipient should have the money by XX/XX/2020. Paid with ; XXXX XXXX XXXX XXXX Your backup is MasterCard XXXX Exchange rate ; {$2000.00} USD = XXXX XXXX XXXX XXXX = XXXX XXXX Transaction ID ; XXXX Sent to ; XXXX XXXX XXXX Details ; Sent to XXXX XXXX XXXX XXXX Fee XXXX XXXX

Company Response:

State: MI

Zip: 480XX

Submitted Via: Web

Date Sent: 2020-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3509679

Date Received: 2020-01-26

Issue: Other transaction problem

Subissue:

Consumer Complaint: Fw : As the issuers of paypal master card debit card paypal has passed the buck to you XXXX / Sent XXXX XXXX To : XXXX XX/XX/XXXX at XXXX XXXX Please see my message below regarding paypal 's having evidently previously registered the current cell phone number belonging to my friend on their site prior to him owning it, the individual on paypal XXXX XXXX XXXX XXXX in spite of their placing him as my top contact I would ask that you access my account statement history to see that this is not accurate, for I do not know the individual to whom paypal sent what was intended to be a money transfer to the current owner of the phone number XXXX XXXX XXXX XXXX XXXX ( see profile on XXXX ) to a paypal purchase adding {$3.00} to the {$100.00} I sent to XXXX Saturday XX/XX/2020 Between XXXX phoning paypal and myself having to repeatedly log in to customer service ( dispute/unauthorized transaction page would not load ) we spent the entire day proving to them beyond any doubt that the money went to the wrong individual, yet paypal will not accept contributory responsibility for the transaction going to the individual they registered the number to saying I/we had to contact the card issuer, I have been under the impression that paypal was the issuer ( please note the expired card number still on the site, paypal would not transfer the balance or issue a refund of the money remaining on it stating transactions were pending when the only thing pending was the failure on their part to close that card account and return the remaining balance which I request you do so as well ) and they never said anything to alter this until until I got the email stating XXXX issued the card yesterday afternoon paypal 's refuses to remedy this error passing resolve to you the card issuer, therefore I respectfully must insist you reverse the payment of {$100.00} sent to XXXX XXXX who is/was not the intended recipient and to enter the expired card account and refund the remaining balance on it to me while returning the {$100.00} to my current card which now that I am aware is not paypal issued would very much like to continue customer relations with you the issuer but not paypal who as soon as you have credited my card with the {$100.00} and closed the expired card account by refunding the remaining balance I will be closing my paypal account as they have destroyed my faith and confidence in them as a trustworthy institute Thank You XXXX XXXX -- -- - Forwarded Message -- -- - From : Info To : XXXX XXXX Sent : Monday, XX/XX/2020, XXXX XXXX MST Subject : RE : As the issuers of paypal master card debit card paypal has passed the buck to you Dear XXXX XXXX, Thank you for contacting us regarding your concern. I am sorry to learn what happened. I am glad to assist you with the PayPal Prepaid MasterCard. Although we do issue the card, we do not have direct access to your account here in XXXX Customer Care. I do understand that you have tried to communicate with PayPal Prepaid MasterCard ; however, we were not provided with the system access to the account information of their accountholders. To receive assistance about the issue with PayPal Prepaid MasterCard or if you wish to close the account, you may visit their website at www.paypal-prepaid.com or send an email XXXX for account-related concerns. I trust this information provides clarity regarding your customer support options. Thank you for writing to us. Have a good day. Best regards, XXXX XXXX. Customer Correspondence Specialist From : XXXX XXXX [ mailto : XXXX ] Sent : Sunday, XX/XX/2020 XXXX XXXX To : Info Subject : As the issuers of paypal master card debit card paypal has passed the buck to you Hello Please access my paypal mastercard statement , the last transaction for {$100.00} was not authorized as a paypal purchase it was a money transfer to the owner of the cell phone number I sent it to HOWEVER paypal evidently has registered that phone number to someone that goes by XXXX XXXX on their site and too they list this unknown to me individual as my top contact, you'll see from my account history that simply is not the case and in spite of proving all of this to paypal customer service they refuse to contact the individual they sent the money as a paypal purchase charging {$3.00} and returning the money instead saying I have to contact the card issuer, I am XXXX and have limited phone service I can not call toll free numbers, cell phones or long distance except in the same area code, paypal under privacy can not nor would I ask for them, to provide that individuals contact information however as the card issuers you do have that information with which I respectfully request you review what paypal did , return my money and because of their conduct after the money has been returned sadly I will be closing my account both there and with you as well unless you have a debit card that is in no way associated with paypal whose antics are very similar in nature to the predatory vermin operating XXXX Sincerely Devastated, XXXX XXXX

Company Response:

State: CO

Zip: 808XX

Submitted Via: Web

Date Sent: 2020-01-26

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3509653

Date Received: 2020-01-26

Issue: Fraud or scam

Subissue:

Consumer Complaint: It's Paypal. My son opened up an account. He is a minor but that did not prevent him from opening an account and transacting. He accumulated more than {$500.00} due to selling clothing. He tried to withdraw to his XXXX custodial account. Paypal is refusing because upon asking for his passport and driver 's license they discovered he was not XXXX. So, they have effectively stolen my son 's money. Yes, stolen. They use these funds, even though they belong to my son, to offset banking fees via FTP credits from their bank. The longer they keep these funds, the more money they make and the less money my son makes. This is, in effect a trap. Paypal is happy to open as many accounts as possible and report account growth in their Edgar filings, but then, only after getting money, do they do a proper KYC. They are fully aware that minors open accounts all the time. They just don't want to pay upfront for the KYC procedures. Honestly, it is XXXX. These are kids and they advertise on kids ' sites via their acceptance mark. 10 years in from the financial crisis and these guys are still acting with impunity. Their customer service is designed to be so painful that most people simply give up.

Company Response:

State: IL

Zip: 600XX

Submitted Via: Web

Date Sent: 2020-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3508311

Date Received: 2020-01-24

Issue: Confusing or missing disclosures

Subissue:

Consumer Complaint: On XX/XX/2020 at approximately XXXX I attempted to instantly transfer funds to my debit card account through Venmo. I was not allowed but forced to used an alternative slower service. When I called the information line I was informed that this happens when the bank does not participate or Venmo considers personal risk. I confirmed that my bank XXXX does participate and my credit score is the decision for denial of services. I received no disclosure of this under the fair credit reporting act. Since this seems to be an instremely frequent problem ( there is an automoated phone message stating that risk issue XXXX the government should be interested as this may affect thousands of consumers. No effort or remedy was made by Venmo was made to disclose this to me

Company Response:

State: FL

Zip: 32703

Submitted Via: Web

Date Sent: 2020-01-24

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.