Report: #1445360

Complaint Review: Paypal - San Jose CA

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Ripoff Report is Xcentric Ventures

Submitted: Wed, May 30, 2018
Updated: Thu, May 31, 2018
Reported By: Jeffrey — St. Petersburg United States

Author Not Confirmed

Why?

Paypal 2211 North First Street San Jose, CA United States

Phone: (402) 935-2258
Web: www.paypal.com
Category: Holding Funds

Paypal, Paypal Inc. PayPal closed my account and is holding over $18,000 of my business money for 180 days San Jose CA California

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Paypal is holding over $18,000 of my business funds for 180 days and has closed my account all the sudden sfter many years of doing business with them. They hold the funds because of chargebacks, but my chargeback ratio is very low and has been for many years with them. I would suggest for anyone out there looking for a company to use for your business to stay away from Paypal and look into others like Google Wallet or Stripe. Paypal shoud release my funds immediately since I do not autorhize them to hold onto them for 180 days and have very few chargebacks.

This report was posted on Ripoff Report on 05/30/2018 08:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/paypal/san-jose-ca-95131/paypal-paypal-inc-paypal-closed-my-account-and-is-holding-over-18000-of-my-business-mo-1445360. 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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