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: 6441874

Date Received: 2023-01-16

Issue: Unexpected or other fees

Subissue:

Consumer Complaint: In XXXX, PayPal closed our account for high-risk and advised we would be able to withdraw the balance in XXXX days. With no luck in appealing, we waited XXXX days and on the day it was supposed to be available for withdrawal, PayPal deducted the whole balance claiming it was for damages caused to them. My colleague spent hours on the phone to support but didn't get any reason or justification for the alleged damages which according to PayPal were worth XXXX It seems PayPal is notorious for doing this to their account holders. It is unethical.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6441760

Date Received: 2023-01-14

Issue: Other service problem

Subissue:

Consumer Complaint: Dear CFPB Let me tell you briefly what happened. On XX/XX/2022, PayPal asked me to provide a service fulfillment to customers and clarify the type of my work. All the required files and information were sent on XX/XX/2022, done on XX/XX/2022 I was asked to provide additional documents and information. This was done on XX/XX/2022. After reviewing all the documents and information, they were approved and I could use PayPal normally. I made a withdrawal that was approved and awaiting confirmation. On XX/XX/2022, I logged into my account. I was surprised that the withdrawal process was suspended and my balance was suspended for 180 days, and that I could no longer use PayPal without any justification or explanation. I tried to call customer support over and over again, but to no avail. The only answer is to tell me that the service has been temporarily suspended due to the Covid-19 virus. Ref ID - XXXX Very sincerely yours, XXXX XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-01-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6441617

Date Received: 2023-01-13

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

Subissue:

Consumer Complaint: Hello, Monetary Authority, my PayPal can not be linked to the bank and withdraw cash, please help me, thank you

Company Response:

State: OR

Zip: 97222

Submitted Via: Web

Date Sent: 2023-01-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6441612

Date Received: 2023-01-13

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

Subissue:

Consumer Complaint: Hello, XXXX XXXX, my PayPal can not be linked to the bank and withdraw cash, please help me, thank you

Company Response:

State: TX

Zip: 75043

Submitted Via: Web

Date Sent: 2023-01-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6440706

Date Received: 2023-01-13

Issue: Money was not available when promised

Subissue:

Consumer Complaint: On XX/XX/XXXX a client sent me XXXX on my Venmo account. I immediately tried to transfer the money to XXXX of my bank accounts linked to my Venmo account. I accepted to pay their {XXXX} fees for an instant transfer. As the instant transfer request did not work, I called Venmo. They told me that this was a glitch in their system and to use a standard transfer, and I did it. To my astonishment, I received an email from Venmo telling me that my account had been frozen. This is what they say : " Your Venmo account has been frozen due to recent activity that appears to be a violation of our User Agreement '' I immediately called them multiple times to ask why, and they refused to give me a reason. I used their system to send a request on XX/XX/XXXX, they did not answer. I called again on XX/XX/XXXX and XX/XX/XXXX and could not get any answer. As I can not get my money, I can not ship the product my client ordered, and he wants me to cancel the transaction and refund him. Because of the unlawful attitude of Venmo, I will lose {XXXX}. This is not acceptable, and they should be liable. I have the feeling they illegally do this to thousands of clients, keeping their money for making profit. I am attaching a statement from Venmo showing that I should have received {XXXX} by XX/XX/XXXX, which did not happen. They tell me if did not happen because my account is frozen.

Company Response:

State: CA

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-01-13

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6440123

Date Received: 2023-01-16

Issue: Attempts to collect debt not owed

Subissue: Debt was paid

Consumer Complaint: After canceling my subscription with XXXX in XXXX 2022, they illegally charged {$640.00} towards my Paypal account for renewal due in early XXXX. After discovering that PayPal paid this fee, which sent my account into a negative balance, I contacted both my bank and XXXX about this illegal transaction. XXXX refunded my PayPal account, then I removed all my personal information from the site and never used it after that incident.

Company Response:

State: NY

Zip: 11412

Submitted Via: Web

Date Sent: 2023-01-16

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6439325

Date Received: 2023-01-16

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: My account was compromised in XXXX of XXXX and now I have XXXX me I owe a balance or XXXX or more and have yet to tell me how or why even after I made multiple attempts to contact and have my account checked on because I was receiving notifications that my account is being used and I had no way to login or even take my multiple debit and credit cards off of the account

Company Response:

State: MI

Zip: 48340

Submitted Via: Web

Date Sent: 2023-01-16

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6438986

Date Received: 2023-01-16

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

Subissue:

Consumer Complaint: Hello, XXXX XXXX, my XXXX can not be linked to the bank and withdraw cash, please help me, thank you

Company Response:

State: CO

Zip: 81401

Submitted Via: Web

Date Sent: 2023-01-16

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6438980

Date Received: 2023-01-16

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

Subissue:

Consumer Complaint: Hello, XXXX XXXX, my PayPal account can not be linked to the bank and withdraw cash. I have contacted the PayPal customer service representative many times and the problem has not been resolved. Please help me, thank you

Company Response:

State: CO

Zip: 80634

Submitted Via: Web

Date Sent: 2023-01-16

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6438558

Date Received: 2023-01-14

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

Subissue:

Consumer Complaint: Hello, XXXX XXXX, my PayPal can not be linked to the bank and withdraw cash, please help me, thank you

Company Response:

State: CO

Zip: 807XX

Submitted Via: Web

Date Sent: 2023-01-14

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.