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: 6172407

Date Received: 2022-11-04

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

Subissue:

Consumer Complaint: I have {$2500.00} in my venmo account and it's frozen and they're trying to tell me that the account specialist are working on it but the only way to contact them is via email nobody ever answers something isn't right

Company Response:

State: OH

Zip: 43725

Submitted Via: Web

Date Sent: 2022-11-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6172406

Date Received: 2022-11-04

Issue: Other features, terms, or problems

Subissue: Other problem

Consumer Complaint: In XX/XX/2022, I made a purchase to XXXX XXXX XXXX using a paypal account, pay and XXXX loan. I paid cash in 4 installments via my paypal. There was an ongoing dispute with the retailer that was eventually resolved and a refund was issued by XXXX to Pay Pal for XXXX under transcaction XXXX. The issue is that the refund went to a closed paypal account under the same email and phone number as that paypal account that the original pay and 4 purchase was made was closed for security reasons in XXXX. Pay pal sees the refund and acknowledges it but for some reason they can not seem to either transfer the funds or credit to the new and open paypal account, issue a check or send the refund back to XXXX and bascially are keeping the funds. I have logged in hour and upon hours on this issue with no success or resolve.

Company Response:

State: FL

Zip: 33611

Submitted Via: Web

Date Sent: 2022-11-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6172381

Date Received: 2022-11-05

Issue: Confusing or missing disclosures

Subissue:

Consumer Complaint: Wanted to pay an invoice through Paypal as a guest, but Paypal created an account without my specific authorization, and stored my credit card information without my authorization. Using this alleged service is very troublesome, confusing, and dishonest on the part of Paypal..

Company Response:

State: HI

Zip: 96734

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6172317

Date Received: 2022-11-05

Issue: Fraud or scam

Subissue:

Consumer Complaint: Hello CFBP, my PayPal account has been permanently XXXX. After the account balance has been kept for 180 days, I have received a withdrawal email notification from PayPal, but I still can not withdraw cash, please help me.

Company Response:

State: MO

Zip: 65536

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6172271

Date Received: 2022-11-05

Issue: Fraud or scam

Subissue:

Consumer Complaint: My PayPal account has been permanently XXXX. According to XXXX rules, the funds in the account need to be retained for 180 days and then the withdrawal will be notified by email. I received the withdrawal email, but I still can not withdraw. I contacted XXXX customer service many times, but the problem has not been resolved.

Company Response:

State: MN

Zip: 56001

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6172222

Date Received: 2022-11-05

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

Subissue:

Consumer Complaint: My PayPal wallet is permanently XXXX. According to the PayPal balance, after the wallet funds are kept for 180 days, there will be an email notification for withdrawal. In XXXX, I received a withdrawal email notification from PayPal. Now I still can not withdraw. Please help me, this is my hard-earned money.

Company Response:

State: TX

Zip: 761XX

Submitted Via: Web

Date Sent: 2022-11-05

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6171922

Date Received: 2022-11-06

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

Subissue:

Consumer Complaint: Hello CFPB, I am XXXX XXXX and I am writing this complaint against " PayPal Inc '' since they permanently limited my PayPal account without any further notice. I have my PayPal account registered under : XXXX I remember having a temporary limitation on my PayPal account back then and I was being asked to submit info to have the limitation resolve but when I speak to one of the Support Agents from PayPal, he deliberately said that the document I submitted is invalid, and I was left speechless as I was not able to prove my identity as I was on the other side of the call. Coming today, I was being placed with a Permanent Limitation stating that I can no longer do business with PayPal as there are potential risks involved, and to be honest I dont know what sort of risks are involved. However, Since I am also a human being and mistakes always happens from human being, it was never my intention to do something that is against the policies of PayPal and I can assure them this will never happen again! I am attaching my " Passport '' for better understanding of PayPal and to review the limitation again for me and I will be more than appreciatable to have this limitation uplifted for me as there is amounted balance in my PayPal. Thanks!

Company Response:

State: FL

Zip: 33176

Submitted Via: Web

Date Sent: 2022-11-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6171145

Date Received: 2022-11-05

Issue: Confusing or misleading advertising or marketing

Subissue:

Consumer Complaint: Continued freeze and holds on accounts and cards thats digital banking.

Company Response:

State: AL

Zip: 352XX

Submitted Via: Web

Date Sent: 2022-11-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6170786

Date Received: 2022-11-07

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Venmo account credited for XXXX $ Sunday XXXX XX/XX/2022 from a friend who raised money for my family after my husband passed away. Tuesday XX/XX/2022 money is gone no credit or transaction showing. Venmo has no idea what I am talking about does not see the transaction. Requests the user ID of the person who transferred which is unknown to me. Talked to friend who said he requested it back. No idea how this was done ( possible goods/services button used ) and Venmo no help but should not be allowed.

Company Response:

State: KY

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-11-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6170654

Date Received: 2022-11-05

Issue: Money was not available when promised

Subissue:

Consumer Complaint: I recieved a deposit to my Venmo account earlier this year for {$45.00}. When I attempted to withdraw my funds my account was locked. It was then unlocked and I regained access. Upon regaining access I tried to withdraw and my account was locked again. After weeks of correspondence with Venmo I was advised that I violated the user agreement. I was then contacted by someone stating that I had another account with a negative balance and that they were keeping my funds to cover their losses however, Venmo is a prepaid service. There is actually no way for an account to become negative. You can only send or receive funds if funds are available. After stating this fact as well as telling them that I only have one account and any other accounts would've been open fraudulently, they refused to tell me how I violated the user agreement. They refuse to explain to me specifically how they are justifying their keeping my {$45.00}. I continually get the run around. They haven't provided me with an option to prove that this other account is not mine nor have they provided me with specifics re : how I violated their agreement. They are essentially stealing my money and not telling me why.

Company Response:

State: OH

Zip: 43204

Submitted Via: Web

Date Sent: 2022-11-05

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.