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

Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.
Complaint ID: 7067442

Date Received: 2023-06-03

Issue: Other transaction problem

Subissue:

Consumer Complaint: Hello, I have tried to close my PayPay account numerous times as I'm not satisfied with their service or practices. I only have {$1.00} balance but I am more concerned that this company is holding my personal information including, Name, SSN, Phone and Credit Card Account number against my wishes I have been unable to speak with a person and instead get stuck in a circular string of text and web " help '' that has been useless. I honestly don't care about the {$1.00} but they should be able to send me a check. Please understand I have been the victim of identify theft and credit card fraud in the past which has been a ordeal. I'm concerned that this company could misuse my information or be hacked at some point. I want then to close my account and delate all my personal information. Thank you very much for any help you can provide. XXXX XXXX XXXX XXXX XXXX XXXX, CT XXXX XXXX - cell

Company Response:

State: CT

Zip: 064XX

Submitted Via: Web

Date Sent: 2023-06-03

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7067262

Date Received: 2023-06-04

Issue: Opening an account

Subissue: Account opened as a result of fraud

Consumer Complaint: So its come to my attention that PayPal keeps emailing me with random stuff saying my account is delinquent and I have had issues trying to contact them that company is hard to get ahold of Im really upset how things were handled Im hoping to receive a compensation check up to {$15000.00} for the frustration I had with PayPal

Company Response:

State: UT

Zip: 84010

Submitted Via: Web

Date Sent: 2023-06-04

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7066272

Date Received: 2023-06-04

Issue: Fraud or scam

Subissue:

Consumer Complaint: I saw an article about fraud included your organization. I thought I would try an explain my problem. In XXXX XXXX on Venmo I ordered XXXX " XXXX Lamps '' from a XXXX XXXX XXXX One for {$60.00}. An one {$70.00}! I never received them! I tried messaging 3 times. NO REPLY! Then I went to Venmo an XXXX an reported a problem an was told there was nothing they could do! So I'm asking because in the article it mentioned your organization would help! Thank you, XXXX XXXX

Company Response:

State: IL

Zip: 610XX

Submitted Via: Web

Date Sent: 2023-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7065877

Date Received: 2023-06-04

Issue: Confusing or misleading advertising or marketing

Subissue:

Consumer Complaint: I made a credit card transaction and they are withhold nearly 50 % for 21 days. I checked my limits BEFORE even doing this transaction and was WELL under the amount specified. They claim I have a " reserve '' in the amount of {$2000.00}. There was never an e-mail sent claiming they were updating any of my limits/placing a reserve on my account. There was nothing in my account stating any such limit, until AFTER said credit card transaction was made. I have the screenshots of my account limit area and there is nothing to be found in this area.

Company Response:

State: MO

Zip: 657XX

Submitted Via: Web

Date Sent: 2023-06-04

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7062468

Date Received: 2023-06-02

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: Subject : Unauthorized Transaction on PayPal Account On XX/XX/XXXX, an unauthorized transaction of {$550.00} was made using my PayPal account. The purchase was made with the seller XXXX XXXX XXXX XXXX XXXX. The Transaction ID for this purchase is XXXX. The item purchased was XXXX XXXX ( Item # XXXX ) and the total amount included shipping and tax charges. Upon noticing the transaction, I immediately reported the issue to PayPal via their Resolution Center. However, despite multiple attempts to contact PayPal for support, I have not been able to speak with a representative to resolve the issue. I believe my account was compromised, and this transaction was fraudulent, as I do not know or live with anyone in the shipping address provided for the transaction. Furthermore, the backup payment method for this transaction, a VISA card ending in XXXX, has also been affected. I reported the issue to my bank, which kindly removed the charge. However, the issue with the PayPal transaction remains unresolved. I kindly request that this matter be investigated promptly and thoroughly. I have always used PayPal believing in its commitment to user security and am disappointed at this breach and the subsequent lack of customer service. I hope to see this situation rectified and measures taken to prevent such incidents in the future.

Company Response:

State: GA

Zip: 313XX

Submitted Via: Web

Date Sent: 2023-06-02

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7062444

Date Received: 2023-06-02

Issue: Managing, opening, or closing your mobile wallet account

Subissue:

Consumer Complaint: On XX/XX/2023, I received a payment on Venmo for a device I sold, totaling exactly {$51.00}. Upon attempting to transfer this from my digital wallet to my bank account, I was informed that my account was frozen. I did not receive any email communication as to why or informing me about the account issue at all. I communicated with Venmo 's online chat system that day and was told to wait between XXXX business days before there would be an updated. I chatted in on XX/XX/2023 again and was told that there was nothing I could do. They claimed that they would send an email when I could obtain the balance, but they did not answer why my account was frozen in the first place. When I pointed out that I was not receiving their email communications despite the fact I had confirmed it was the correct email and I had checked all my filters, they told me there was nothing they could do. They also said that I would not be able to withdraw the funds for at least XXXX days. They could not give me an explanation why or offer any solutions. This is unacceptable as something akin to a bank, holding on to money and not letting a user access money for up to 6 months. This seems like a free loan.

Company Response:

State: NY

Zip: 136XX

Submitted Via: Web

Date Sent: 2023-06-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7060016

Date Received: 2023-06-02

Issue: Managing, opening, or closing your mobile wallet account

Subissue:

Consumer Complaint: Dear PayPal XXXX XXXX, I hope this message finds you well. I am writing to appeal the recent blockage and limitation placed on my newly registered PayPal account. As a new user, I have not had the opportunity to engage in any activities that could have violated PayPal 's terms and policies. I understand that PayPal prioritizes the security and safety of its users, and I appreciate the measures in place to protect the platform. However, I believe there might have been a misunderstanding or an error in the assessment of my account. I kindly request you to thoroughly review the situation and provide specific details regarding the reasons for the blockage and limitation. I assure you that I am committed to adhering to PayPal 's rules and regulations and would like to resolve this matter as quickly as possible. I would like to emphasize that as a new user, I have not initiated any transactions or taken any actions that could raise concerns. I am eager to comply with any necessary procedures to verify my identity and regain full access to my account. To facilitate communication, please use the email address associated with my blocked account : XXXX. Kindly provide updates or any further instructions through this email. I am more than willing to provide any additional information or documentation required to verify my identity and resolve this issue promptly. Please let me know the steps I need to take to rectify the situation. Thank you for your attention to this matter. I greatly appreciate your prompt assistance in addressing this concern and enabling me to fully utilize the PayPal services. Should you require any additional information, please do not hesitate to contact me. Yours sincerely, XXXX XXXX

Company Response:

State: TX

Zip: 763XX

Submitted Via: Web

Date Sent: 2023-06-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7060013

Date Received: 2023-06-02

Issue: Closing your account

Subissue: Company closed your account

Consumer Complaint: My account was frozen back in XXXX of XXXX. They froze my account with {$1600.00} and have refused since then to release my funds. I have over 70 tickets with venmo regarding this matter of which maybe only half have been answered. I have filed with the XXXX in which Paypal, who owns Venmo, responded and said my funds would not be released due to strict violations of their policies. I then emailed PayPal and got an email after 3 years of asking why and they stated I had committed fraud and suspicious activity on their app. I have read Venmos policies and it states funds can be held up to 180 days. Venmo has flat out told me I will not get my funds back and that they can hold my funds for however they want to. They cause damages and defamation of character accusing someone of something without explanation as to why, which they also states they do not have to do. Venmo bends their contract to the current situation which in turn means it really isnt a contract if it can change under sole discretion. Many, many people have had their accounts frozen and had their funds held for things as simple as sending birthday money and Venmo does not have to offer a reason why and then gets away with just keeping the money. **Sent complaint into Venmo on XX/XX/XXXX and the complaint was sent back on XX/XX/XXXX saying they are not the ones responsible for this complaint. **

Company Response:

State: FL

Zip: 33417

Submitted Via: Web

Date Sent: 2023-06-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7060010

Date Received: 2023-06-02

Issue: Trouble using your card

Subissue: Can't use card to make purchases

Consumer Complaint: To my surprise when I went on to my PayPal account, I had a PayPal credit attached to it with a {$4700.00} credit limit. I reached out to PayPal credit and they told me my account is in good standing and ready to use. I tried sending funds to a family and friend. I tried to purchase an item both using paypal credit and it won't show up as a credit option. PayPal credit is set as my preferred payment option. I spoke to PayPal many many times and they aren't fixing it. They are giving me all kinds of excuses and resolutions but nothing works and they keep passing on to paypal credit Paypal credit says " all is good on their end and its a PayPal issue '' I have this money available to me but PayPal is not allowing me to use it. What's the point of giving me credit that I can't use. Its been two weeks now of back and forth with PayPal and no resolution. They keep telling me to use another form of payment. Why do I need to use another form of payment when they gave me PayPal credit, its now on my credit report that I have this credit open but they aren't allowing me the option to use it because they won't take responsibility for the glitch in the system. I did some research and this issue is happening with many PayPal consumers. They are all complaining about the same issue on the PayPal forum. I've been talking to them since XX/XX/2023.

Company Response:

State: FL

Zip: 33487

Submitted Via: Web

Date Sent: 2023-06-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7057208

Date Received: 2023-06-01

Issue: Closing an account

Subissue: Company closed your account

Consumer Complaint: On XX/XX/2023, I received a email say my PayPal account is permanently closed because of " activity in your account thats inconsistent with our User Agreement ''. Having been a loyal and responsible user of PayPal for over a decade, I was taken aback by this sudden decision. I use this account primarily for my daily transactions, all of which are legitimate. Given this, I am unable to comprehend how my activities could have contravened the User Agreement. I have already attempted to resolve this issue via a phone call, but unfortunately, it did not prove fruitful. To the best of my knowledge, all my transactions have been in line with PayPal 's guidelines and policies. If there has been any unintentional violation, I would appreciate your guidance on the matter. Additionally, I would like to bring to your attention that my account currently holds a balance of approximately {$300.00}. As a result of the account closure, these funds have been rendered inaccessible.

Company Response:

State: CA

Zip: 94085

Submitted Via: Web

Date Sent: 2023-06-01

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.