PayPal Limiting Situation

[Pharmacy]

Hey FK. I wanted to talk about something that I see a lot of people experiencing. 
That is PayPal limiting accounts for no reason at all.
I have seen peoples PayPal accounts with 1k get limited.
In my opinion PayPal should stop this because a lot of people work hard for there money.
There are ways of getting it unlimited by putting in a Government Certified ID but a lot of people don't have them (kids).
So whats your thoughts on PayPal limiting accounts for no reason?

 

[Philly]

They usually have a reason in their eyes, which is always in their terms of service. They for sure make mistakes daily and are a completely shitty company but if you do not follow their rules just like any website they will kick you off. If you are a "kid" with 1k in paypal and get limited then that is your own fault as you cannot be a kid and have a paypal only a student account. PayPal is not a bank account nor is your money ever safe in paypal being a kid or not, you should always transfer your money from paypal and never leave money in that you cannot afford to lose or have held for 3 months.

I think we all need a PayPal alternative because from what I am seeing is that there truly is no alternative to PayPal at this time and that is why they are so superior. Alot of people do not know or understand but PayPal is not FDIC insured meaning your funds are not safe, they also use all money that goes into PayPal and have it put into an account to have the funds grow but do you get the increases or does PayPal? PayPal keeps it all on top of their fees and membership charges, they truly are weasels when it comes to YOUR money.

 

[Pharmacy]

They usually have a reason in their eyes, which is always in their terms of service. They for sure make mistakes daily and are a completely shitty company but if you do not follow their rules just like any website they will kick you off. If you are a "kid" with 1k in paypal and get limited then that is your own fault as you cannot be a kid and have a paypal only a student account. PayPal is not a bank account nor is your money ever safe in paypal being a kid or not, you should always transfer your money from paypal and never leave money in that you cannot afford to lose or have held for 3 months.

I think we all need a PayPal alternative because from what I am seeing is that there truly is no alternative to PayPal at this time and that is why they are so superior. Alot of people do not know or understand but PayPal is not FDIC insured meaning your funds are not safe, they also use all money that goes into PayPal and have it put into an account to have the funds grow but do you get the increases or does PayPal? PayPal keeps it all on top of their fees and membership charges, they truly are weasels when it comes to YOUR money.

I one hundred percent agree with you. I honestly wish there was a actual good paypal alternative. There is skrill, psc, webmoney and others but they are just not as good as paypal.

 

[Cam]

Yep. PayPal sucks but it's the top dog and is already established for millions of people. It's hard to change.

 

[Deany]

I one hundred percent agree with you. I honestly wish there was a actual good paypal alternative. There is skrill, psc, webmoney and others but they are just not as good as paypal.

Well... you could always use BTC. And just exchange it for gift cards if you want to actually buy from a place if they don't accept BTC. Just my .02

 

[Philly]

I one hundred percent agree with you. I honestly wish there was a actual good paypal alternative. There is skrill, psc, webmoney and others but they are just not as good as paypal.

The only issue with those alternatives is that if you want to use their merchant services you must provide a long list of requirments to actually start accepting payments.  I am officially done with PayPal so I have been seeking alternatives for about a week now without much luck, there for sure if options but nothing is quite up to par with PayPal as of yet. From what I have seen is that Google wallet and Stripe are the two true alternatives to PayPal. The rest for the most part literally want you to pay for their service monthly, then take fees out of each payment received which is pretty much ridiculous.

 

[smalls]

just have your mom/dad/parent open up a bank account for you lol, saves a shit ton of hassle.

 

[Ambien]

If you're afraid of being limited, you could always send me your funds, I'll keep it safe.

 

[Cane]

Paypal makes profit by doing this, they would make 1/2 of what they make in a year if they didn't.
They don't have a reason in their eyes, they just make one up.
If they can find one idiotic excuse to do it, they will, I have had about $500 stolen from me by paypal, and they permanently limit your account if they think it has enough money it.