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Report: #1308333

Complaint Review: Pay Pal - Internet

  • Submitted:
  • Updated:
  • Reported By: WealthyEnough — Macon Georgia USA
  • Author Not Confirmed What's this?
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  • Pay Pal Internet USA

Pay Pal Refused to allow our minority business to use their service if we use Chinese suppliers for our inventory. Their problem was since the Chinese sold us so much inventory at such a reduced price the competition was being put out of business Internet

*Consumer Comment: Liar..Liar...

Show customers why they should trust your business over your competitors...

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First off, I will be up front in telling you that I am a white American successful business man. I own several small businesses and a few internet sites. I never had any type of problems with Pay Pal until I started selling Chinese bought goods to my clients world wide. When my inventory came from America, Canada, or Germany everything was fine. However, when I decided to make some sizeable purchases from China and place them for sale at discounted rates, then I got an email telling me I was randomly chosen to be investigated and it was just a general thing that the computer does every so often.

I had been given a heads up from some of my vendor friends that pay pal plays these types of games when companies start dealing with minorities or countries they don't really approve of. Lets just be honest, they are undercover racist and that really annoyed me. After finding nothing that they could say was wrong with my business model or the way we did things, they did say that they viewed my latest venture with the Chinese as high risk... HIGH RISK?? I am a multi millionaire and I will take what ever risk I choose to. As long as my inventory sits in American warehouses, they have nothing to be concerned about. And after I showed them over 750 thousand in that months inventory,

I refused to allow them a closer peek into my warehouse. This was beginning to feel less like an inquiriry and more like a shakedown or IRS investigation.. So after telling them those very words, they said that I could 1. empty my accounts with them and refund my pending transactions ( over 200k) or 2. Have my accounts placed on some type suspended investigations where they will hold my cash for 9 months until they would refund. Of course I chose 1. Then these spineless bastards had the nerve to not delete my company or personal information from their database,

saying they reserve that right, just as they reseved the right to hold my money for 9 months if they chose.. BEWARE when you sign up for PAY PAL you sign up for them to screw you any way they choose. And on top of all those things they are racist. I have information(verified) about how they are moving money for cartels and drug dealers and have been doing so for some time. However I will watch them crumble as the other pay services mature... DONT SUPPORT RACIST PAY PAL. I know that some people will come to their defense but save it, until you have reached my level you are just speaking on things you have no knowledge of....

This report was posted on Ripoff Report on 05/28/2016 07:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/pay-pal/internet/pay-pal-refused-to-allow-our-minority-business-to-use-their-service-if-we-use-chinese-sup-1308333. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Liar..Liar...

AUTHOR: Robert - (USA)

POSTED: Sunday, May 29, 2016

First off the title infers you are a "Minority" business.  As you stated in your first line, that is 100% FALSE.  So if a primary statement in your "RipOff" is a lie why should anyone believe a word you say otherwise.

Next, this may be a shock for you but multi-millionaires DO NOT pay the high fees of PayPal, if you truly had the sales you claim you could walk into any bank...even YOUR bank and use their merchant services for a fraction of the cost.   Now, do I think you are lying about using PayPal.  No, let's just say that I think you need to replace the 200K in pending transactions with $200. 

So what excuse would you come up with as to why you use PayPal?  Let me guess E**y..right?  Well you know who owns PayPal don't you?  By the way, I just went on their site today and while a lot of time you can't tell where people are drop shipping from...sometimes it is obvious and I saw items from China right on there.  I'm curious as to what you are selling.

If you don't know how to set up another site, using other payment methods.  Then hire someone, a good web developer who specializes in e-commerce could have you up and running in a few weeks.  With the money you save in transaction fees you could have an significant ROI in a very short time.

When you signed up for PayPal you agreed to abide by their terms.  So where are they not abiding by their terms?  But since you are a multi-millionaire what does your laywer say?  I mean you do have an attorney on retainer to handle your affairs...right?  You have shown your attorney the agreements you signed.right?  What did they say was illegal?  What did he say they were breaking?  Or should I guess on that you are talking to them and they are going to file a "Class Action" Lawsuit...lawsuit...lawsuit(add futuristic echo), in the morning.  Where you will single handedly take down PayPal and be the hero to billions of people? 

Yea..heard it all before. 

Oh and in case you are a bit slow...as you see I am no way defending PayPal.  In fact remember I told you that as a multi-millionaire you should not even be using PayPal. 

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