Complaint Rating:

Company information:
PayPal
United States
www.paypal.com

On 11/29/07 after we listed 2 very successful products on eBay from time period 10/28/2007 as user cooldeals2go and generated over 24,000.00 in sales for a four week period, PayPal, Inc., restricted access to our funds (which we cannot transfer $11,999.69 USD in funds to our bank account) and had eBay close/suspend our account cooldeals2go.

We were not selling any items that are illegal and our products were down loadable from the Internet and did not break any copyright violations.

We did notify PayPal, Inc., by phone to prior to 11/15/2007 to to let them know to expect an increase in sales so they would be provided with what we were selling, we also own www.hostitplanet.com and reconfirmed them about our sales. Therefore we felt we were clear with notifying them, we bought and paid with our PayPal, Inc., Inc. credit card an auto mobile and the had some services that were paid prior to them blocking access to our funds. (which they have blocked any payment being sent out) so we risk loosing our vehicle and reputation as a citizen in our area. also the restriction has caused eBay to suspend our account which means loosing an estimated amount of $3,000.00 in sales per day and the inability to send products to our customer totaling around $2,500.00. We have contacted PayPal, Inc., Inc. 8 times in a two day period from the time they restricted us, and supplied all requested information which we can verify we sent.

Via screen shot to the items we submitted we have also some disputes from October that PayPal, Inc., has neglected to deal with for over a month.

Now they have deemed us a problem. We've been with them for three years! But people, pread their terms of service, they can do what they want! With your money. Paypal issues and problems.