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: 7259036

Date Received: 2023-07-16

Issue: Problem with a purchase or transfer

Subissue: Card company isn't resolving a dispute about a purchase or transfer

Consumer Complaint: I have transferred money into my Venmo account now four times and the money is being held for no reason. I have attempted to resolve via chat and to no avail. I have paid fees to have it " instantly transferred '' and Venmo is holding it.

Company Response:

State: NV

Zip: 89044

Submitted Via: Web

Date Sent: 2023-08-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7258952

Date Received: 2023-07-16

Issue: Other service problem

Subissue:

Consumer Complaint: Received this from PayPal : After a review, we decided to permanently limit your account as we found potential risk associated with it. You'll not be able to conduct any further business using PayPal. Based on this decision, if applicable, you are no longer eligible for PayPal Seller Protection as per our User Agreement. You'll also be charged a High Volume Dispute fee based on your activity for all existing and future cases you receive. Any bank or credit card information that's linked to your PayPal account can not be removed nor can it be added to another account. You can still log in and see your account information but you can't send or receive money. If you have funds in your PayPal balance, we'll hold it for up to 180 days. After that period, we'll email you with information on how to access your funds. We regret any inconvenience this may cause. I never was able to use PayPal and not sure why I am unable to use it. Please assist. Thank you, XXXX

Company Response:

State: IL

Zip: 60124

Submitted Via: Web

Date Sent: 2023-07-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7257479

Date Received: 2023-07-15

Issue: False statements or representation

Subissue: Attempted to collect wrong amount

Consumer Complaint: XXXX XXXX XXXX, XXXX has ignored their grave duty to investigate such dispute received by me through the mail on XX/XX/2023. As the attached pdf below ( VALIDATION OF DEBT XXXX ) is such letter sent requesting everything needed by the FDCPA act in which I got no response since! They had more than five days under 15 U.S. Code 1692g and are avoiding such duties.

Company Response:

State: CA

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-07-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7256247

Date Received: 2023-07-15

Issue: Closing an account

Subissue: Funds not received from closed account

Consumer Complaint: I have been trying to set off my PayPal account ever since they closed it and transfer to recoup everything to the principal account not the general which PayPal keeps stating about but the principal account which I am the beneficiary of when they use my social security number they know that they were using my estate funds I have been trying to address this matter for quite some time truth and Lending act Fair freedom of information act and several other consumer violations are made when assets are kept and not transferred to the principal account which I have stated to PayPal I want offset it and resend any contract that I had with them to recoup

Company Response:

State: MI

Zip: 48035

Submitted Via: Web

Date Sent: 2023-07-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7255093

Date Received: 2023-07-15

Issue: Money was not available when promised

Subissue:

Consumer Complaint: This complaint is in regards to PayPal.com XXXX purchases. Have never had issues with PayPal until recently. Today I bought {$450.00} in bitcoin. PayPal charges fees to buy bitcoin and to sell bitcoin. I am now unable to send the bitcoin I purchased on their site to send to another merchant. Says that theirs is an error and I have tried XXXX times and keep getting the same message. PayPal customer service is absolutely no help whatsoever, if PayPal lets me purchase cryptocurrency on their platform then there should be no reason why XXXX cant transfer to another merchant. My only option now is to sell on their site and rack up more fees and charges to do so! PayPal should be sanctioned for these shady business practices and am considering filing a class action lawsuit as after doing more research this is a common matter with this company! My question is why isnt the CFPB doing something about this? Absolutely unacceptable business practices!

Company Response:

State: TX

Zip: 761XX

Submitted Via: Web

Date Sent: 2023-08-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7254712

Date Received: 2023-07-15

Issue: Unexpected or other fees

Subissue:

Consumer Complaint: Following are the case id XXXX XXXX while checking paypal said this case was resolve in my favour but upon checking i did not receive any refund yet and paypal is charging me {$3500.00} and stated that this is a duplicate credit but fact is that i did not receive single credit yet. Instead of charging it to scammers paypal charging me wrong debit.

Company Response:

State: MA

Zip: 01851

Submitted Via: Web

Date Sent: 2023-07-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7254585

Date Received: 2023-07-14

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Paypal- This matter is to deal with Paypal and Paypal credit. On XX/XX/XXXX, I made a charge to a jewlery store using paypal credit inthe amount of {$7000.00}. The jewlery store could not fulfill the order and cancelled my transaction and stated they would refund the money immediately, a few days past and no refund, I contacted paypal/paypal credit to look for my refund and paypal credit filed a claim on XX/XX/XXXX and gave me a credit for the money. On XX/XX/XXXX i was credited as well from the merchant, At this point i was double credited and owed one of the credit back to paypal credit. I called on XX/XX/XXXX after realizing what happened to advise them to remove one of the credits and they stated they would on XX/XX/XXXX i received a email stating that they had mistakenly credited me twice and would be charging back one of the charges ( which I know I owed ) on XX/XX/XXXX i realzed a {$7000.00} charge was made on my paypal wallet ( not paypal credit where the original charge was made ) so I called paypal to have them move the charge to my paypal credit from my wallet, they said they would. On XX/XX/10 they re charged the charge back to my paypal credit account, but have NOT credited the money to my paypal wallet. so now I have the chage on my paypal credit account and have a negative balance on my paypal wallet as well ( being double charged I have called paypal and wait hours on hold to be hung up on and when i finally get through they state i must call paypal credit. when I do that I also am on hold for hours to be reffered back to call paypal, its like ping pong with no one being able to help I have documentation of everything.

Company Response:

State: FL

Zip: 32223

Submitted Via: Web

Date Sent: 2023-07-14

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7254482

Date Received: 2023-07-14

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/23 I was notified by Venmo that there was a dispute with a payment I received and they were taking the funds back. I didn't have the funds in Venmo to cover the amount removed so I transferred the money back to Venmo immediately. I argued the dispute and the person that started the dispute canceled it altogether and her bank issued a letter on XX/XX/23 that the dispute had been dropped and the funds would be deducted back from her account. On XXXX the funds were deducted from her account and given back to Venmo. I have attached documentation showing both of the claims. I had no idea she had canceled the dispute so I was still waiting the 75 days to hear what happened. I was contacted by the person that started the dispute on XX/XX/XXXX and was told that she had canceled the dispute and that I should have the monies owed to me. She provided the same proof I have attached for you to review. Venmo has had these funds since XXXX, I presented them the same attachments I have provided you and they still have not refunded me the money due to me ( {$1800.00} ) and I need this money.

Company Response:

State: TX

Zip: 78727

Submitted Via: Web

Date Sent: 2023-07-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7253989

Date Received: 2023-07-14

Issue: Fraud or scam

Subissue:

Consumer Complaint: XX/XX/2023 - Sent {$210.00} via Paypal to XXXX XXXX XXXX XX/XX/2023 - Sent {$210.00} via XXXX to XXXX XXXX XX/XX/2023 - Sent {$900.00} via Venmo to XXXX XXXX Total {$1400.00} sent I was making application fee and security deposit payments on a rental home that I have since found out is not available. They will not return my money. I was scammed by these fraudulent landlord imposters. I immediately stopped payment from my bank to both, but Paypal and Venmo are still taking the money and have put a hold on my accounts saying I have to pay as they do not protect me. This is so disappointing and I would like to recoever these lost funds since I am NOT getting a rental house - it was a total scam.

Company Response:

State: MI

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-08-14

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7250030

Date Received: 2023-07-14

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/2023 I was scammed by someone who got Venmo to pay them {$1400.00} from my account. Venmo tried to get funds back from my attached bank account but recognizing I was being scammed I immediately froze my account. Now Venmo calls me on a daily basis to get me to pay back the money. I dont feel like I am responsible because Venmo , as a financial institution should have recognized these transactions as fraud. Surely they had seen the same type of scam before and I feel they should have protected my account.

Company Response:

State: RI

Zip: 02840

Submitted Via: Web

Date Sent: 2023-07-14

Company Response to Consumer: Closed with explanation

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.