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: 7993459

Date Received: 2023-12-13

Issue: Fraud or scam

Subissue:

Consumer Complaint: In response to complaint XXXX PayPal made explicit that 1. PayPal permits buyers to send business payments ( with payment protection ) without including a description 2. If a description is not included in a business payment, PayPal will resolve disputes ( even obviously fraudulent ones ) in favor of the buyer, without requiring any evidence. This creates an obvious problem where PayPal actively participates in enabling fraud to occur, facilitating payments for services that it then guarantees it will refund to the buyer.

Company Response:

State: GA

Zip: 30033

Submitted Via: Web

Date Sent: 2023-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7993236

Date Received: 2023-12-14

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/XXXX we initiated a transfer through Venmo for {$1500.00}. That transaction posted to our account on XX/XX/XXXX I noticed on XX/XX/XXXX that our account available balance seem low when I used the ATM. We looked at our online banking on XX/XX/XXXX and there was a hold for an additional {$1500.00} from Venmo. That {$1500.00} posted to our account on XX/XX/XXXX, so we have been charged an additional {$1500.00}. We called Venmo on XX/XX/XXXX and the customer service person said that there was an issue and " the engineers were working on it ''. He said he was unable and unwilling to give us any additional information. It was very unhelpful. My wife called Venmo numerous times today ( XX/XX/XXXX ). After being on hold for 20-30 minutes she was told pretty much the same thing. They were working on the issue. Since that was completely unacceptable she spoke to a supervisor who said that this was an issue that affected numerous customers who made transfers on XX/XX/XXXX. She was helpful but could only say that they were hoping the money could be returned in a few days. My wife expressed her displeasure to the supervisor on the complete lack of communication from the company after Venmo made UNAUTHORIZED transactions from many accounts and did not let anyone know.

Company Response:

State: PA

Zip: 191XX

Submitted Via: Web

Date Sent: 2023-12-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7992786

Date Received: 2023-12-13

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: On XX/XX/23 I received this email : " Hello, XXXX XXXX XXXX PayPal Your PayPal account is currently limited - We recently asked you to take action on your account, and we haven't received a response. Why is your account limited? We noticed that you've been using your PayPal account in a questionable manner. To understand this better, we need more information from you. To help keep your account secure, please take action on your account. We've also temporarily limited certain features in your PayPal account. Currently, you won't be able to : Send money Withdraw money Based on this decision, if applicable, you are no longer eligible for PayPal XXXX XXXX as per our User Agreement. This will apply to all existing and future cases you receive. What should you do? Log in to your PayPal account and perform the required tasks. XXXX XXXX to PayPal What happens next? Once you've finished, we'll review and get back to you with the status of your account within XXXX business days. Thanks for taking care of this. PayPal '' On XXXX, I submitted all requested documentation, and I received this response. " Your information is being reviewed The information you submitted is currently being reviewed by PayPal. Once we complete our review, well get back to you regarding the status of your account in XXXX business days. Thank you for your patience. '' As of XX/XX/23 I had not heard anything from PayPal and my funds were still frozen. On XX/XX/23 at XXXX ( XXXX ) I contacted PayPal and was told " the system failed to move my account into the correct queue for review. The rep was moving at that time, and I would get a response in XXXX hrs. As of XX/XX/23 XXXX ( the time of this complaint ) I have had no response and my funds are still frozen.

Company Response:

State: TX

Zip: 76034

Submitted Via: Web

Date Sent: 2023-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7992688

Date Received: 2023-12-14

Issue: Other transaction problem

Subissue:

Consumer Complaint: The seller XXXX XXXX based in XXXX kept postponing of shipping in stock orders because they were too busy handling other orders. After Paypal dispute time period was over the seller stopped responding. Paypal denied my dispute requests because their 180 days payment protection period is over.

Company Response:

State: NY

Zip: 11791

Submitted Via: Web

Date Sent: 2023-12-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7992672

Date Received: 2023-12-14

Issue: Fraud or scam

Subissue:

Consumer Complaint: Previously XX/XX/2023 conversation paypal and XXXX from paypal. I'm upset of current decision. I understand the transaction was processed correctly from xoom, but I have not received any communication from the seller. This lack of response is terrifying, and I feel uneasy about the transaction. I am requesting a refund to address these uncertainties and ensure a satisfactory resolution. In the future, I will be more aware of potential risks. I apologize for any inconvenience caused and appreciate your guidance moving forward. We are asking refund {$3000.00} in check whatever. I can not have more risk at all my PayPal account. The user who caused me scamed to me is XXXX XXXX. This is very important to me for XXXX of safety. Issue : Will not issue me refund. Paypal or XXXX from paypal is not doing their job protect safety. Respectfully, Consumer user XXXX

Company Response:

State: CO

Zip: 80204

Submitted Via: Web

Date Sent: 2023-12-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7992556

Date Received: 2023-12-13

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I sent my mother {$330.00} on XX/XX/ via Venmo. The money came out of my bank on XX/XX/. Then on XX/XX/ Venmo removed a second {$330.00} with XXXX verification. Does not even show up on Venmo transaction history. I contacted the company and they told me it was an engineering glitch and that is all they would tell me. Acknowledging that the money was taken but no refund. And no timeline on when money will be refunded if at all. I am not the only person this happens to. They stole thousands soon thousands from people and will not give any answers besides it is an engineering glitch.

Company Response:

State: SC

Zip: 293XX

Submitted Via: Web

Date Sent: 2023-12-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7992543

Date Received: 2023-12-13

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: I have a PayPal account which got limited for 6 months, after that PayPal sent me an email saying that I can withdraw my funds but didn't allow me to link my bank account. Today I found that PayPal transferred the balance to itself and don't answer to my emails and contact. The amount taken is {$2300.00}. PayPal is a total scam, I heard of it, now I can testify. Please help. Thanks

Company Response:

State: SC

Zip: 29407

Submitted Via: Web

Date Sent: 2023-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7990796

Date Received: 2023-12-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: PayPal has been negligent in investigating the following case : Case ID : XXXX Disputed amount : {$52.00} USD Seller info : XXXX XXXX Date reported : XX/XX/2023 Invoice ID : XXXX These were the problems with my XXXX order, which I have communicated to PayPal : The rattan volatile sticks lacked aroma ( false advertising and defective ). The door draft stopper was defective and unable to seal the bottom of the door, even though they were effectively advertised to be able to seal the bottom of the door. The two canvases were sold in deteriorated condition and falsely advertised as being in a frame. PayPal has not responded to my recent call or chat messages and has not provided me with seller 's evidence, which I have been trying to and have requested. PayPal is asking for proof of return, when I already provided a screenshot of the XXXX online portal showing the merchant 's refusal to generate a return label ( order ID, etc. included ) both in the original dispute and in my recent reply to them.

Company Response:

State: DC

Zip: 20009

Submitted Via: Web

Date Sent: 2023-12-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7989583

Date Received: 2023-12-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Paypal prominently advertises its purchase protection service for instances when a buyer does not receive the item for which they paid. On XX/XX/2023, I purchased a smart phone for {$800.00} from a private seller on the mobile phone XXXX XXXX, induced by Paypal 's purchase protection promises. When the seller 's shipping partner misdirected the package and the seller refused to provide a refund, I requested that Paypal make good on its purchase protection promise. However, in case # XXXXXXXX, after a cursory inquiry in which Paypal refused to review my evidence, Paypal summarily closed out the inquiry and refused to provide purchase protection on the basis that the seller had shipped the item ( which is true, but ignores the fact that the seller 's shipping vendor misdirected the package such that I never received it ). Specifically, I have documented correspondence directly with USPS Consumer Affairs confirming that USPS mistakenly misdirected the package and apologizing for the mistake.

Company Response:

State: NY

Zip: 10003

Submitted Via: Web

Date Sent: 2023-12-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7989453

Date Received: 2023-12-12

Issue: Problem with a purchase shown on your statement

Subissue: Credit card company isn't resolving a dispute about a purchase on your statement

Consumer Complaint: I got {$300.00} taken from my debit card account on XX/XX/XXXX. Venmo credited {$45.00} but won't credit the remaining {$260.00}. I didnt make any of these charges. Dispute Credit XXXX For your Venmo card transaction on XX/XX/XXXX + {$20.00} Dispute Credit XXXX For your Venmo card transaction on XX/XX/XXXX + {$20.00} Dispute Credit XXXX For your Venmo card transaction on XX/XX/XXXX + {$5.00} You paid XXXX XXXX XXXX XXXXXXXX - {$5.00} You paid XXXX XXXX XXXX XXXX Scam. It was a fraudulent charge - {$100.00} You paid XXXX XXXX XXXX XXXX - {$50.00} You paid XXXX XXXX XXXX XXXXXXXX - {$50.00} You paid XXXX XXXX XXXX XXXXXXXX - {$20.00} You paid XXXX XXXX XXXX XXXXXXXX - {$20.00} You paid XXXX XXXX XXXX XXXXXXXX - {$20.00} You paid XXXX XXXX XXXX XXXX - {$20.00} You paid XXXX XXXX XXXX XXXXXXXX - {$20.00} You sold XXXX XXXX

Company Response:

State: MA

Zip: 02151

Submitted Via: Web

Date Sent: 2023-12-27

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.