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: 6126533

Date Received: 2022-10-25

Issue: Confusing or misleading advertising or marketing

Subissue:

Consumer Complaint: I opened a Pay Pal account to process a credit card payment from an embroidery sport coat project for a customer. Pay Pal will not allow me to transfer the money collected from the payment from my customer into my personal to pay my vendor and my personal credit card. They asked me to provide an explanation for the type of business that I have which I did. Then they asked for a copy of my drivers license, Business Tax Certificate from the state and a copy of a utility bill with my name on it, which I provided. I have been trying to egt this resolved for two weeks. I was told the my account is on restriction. and that I will not be able to resolve this issue for 180 days.

Company Response:

State: GA

Zip: 30126

Submitted Via: Web

Date Sent: 2022-10-25

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6126397

Date Received: 2022-10-26

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

Subissue:

Consumer Complaint: I attempted to add my XXXX XXXX XXXX XXXX account to Venmo on Saturday XX/XX/XXXX, and I received an error. I reached out to Venmo support who refused to help me add the account manually. I then tried to use XXXX to add my XXXX XXXX account to the app on XX/XX/XXXX, and this was also denied as " something went wrong. '' I currently have {$220.00} sitting in Venmo that I am unable to cash out. Venmo is holding my funds hostage and I need to cash the money out to a personal checking account ASAP.

Company Response:

State: PA

Zip: 19104

Submitted Via: Web

Date Sent: 2022-10-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6123462

Date Received: 2022-10-24

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: Pay Pal sent email invoice for {$600.00}. I do not have Paypal XXXX # XXXX. Invoice Date : XX/XX/2022. Due Date : XX/XX/2022 Their support # XXXX. No Account # for me. No info as to what I was to have purcha : XXXX. Sender 's email address : " I '' in a circle. Invoice XXXX Thank you, XXXX XXXX

Company Response:

State: WI

Zip: 53711

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6122030

Date Received: 2022-10-24

Issue: Other features, terms, or problems

Subissue: Problem with cash advances

Consumer Complaint: I filed a complaint about this on XX/XX/2022. Complaint id is/was XXXX. The complaint was about Venmo and XXXX credit card. I contacted both companies on several occasions about being charged a cash advance fee and interest on Venmo charges. XXXX said it was Venmo, Venmo said it was XXXX. You only contacted XXXX about this. They responded that it was Venmo. So now I have to resubmit this thing so you'll go after Venmo. I have attached the response from XXXX. I am XXXX XXXX XXXX XXXX about this issue and ask that you please find out who's doing this.

Company Response:

State: MA

Zip: 02038

Submitted Via: Web

Date Sent: 2022-11-09

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6121759

Date Received: 2022-10-24

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2022, PayPal received a {$1700.00} payment to my account from a client and deducted a {$62.00} fee to process the transaction. Due to login access problems, I called by phone and requested the funds be disbursed directly me. On XX/XX/2022, PayPal posted a transfer of my remaining {$1700.00} balance as a " Payment to : PayPal '' and coded it as a General Account Correction, ID : XXXX. Despite repeated attempts to rectify this issue with PayPal their automated " Resolution Center '' will not accept my report of a problem and assign me a case number. Their " Message Center '' will not allow me to file a dispute. Even talking directly with numerous supervisory representatives including their Escalation team no one would open a claim or case on this matter. The only response I have been able to receive in months is that the matter has been escalated to their higher level team and a response will be coming via email within 24-48 hours. No response ever arrives. They have exceeded their internal timeline for review before arbitration should occur yet I have no active internal path forward. Supporting documents are being submitted.

Company Response:

State: NH

Zip: 030XX

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6121666

Date Received: 2022-10-24

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/2022, Using my Paypal account, I sent {$850.00} to my son. He never received it. I used the Contact in my Paypal account labelled " XXXX ''. This contact was previously used successfully on XX/XX/2022 to send money to my son and stored in my paypal account. Instead of going to my son, it went to another account that was impersonating my son with the same name and initials. I have attempted to resolve this with Paypal and the case ( XXXX XXXX was closed by Paypal saying there was no fraud or unauthorized transaction. I have requested further information such as an explanation as to how the Paypal account and email behind my Contact " XXXX '' could of been changed without my knowledge. I have asked for the logs as to when this change occured and by whom. Paypal will not allow me to re-open the case to gather this information.

Company Response:

State: HI

Zip: 967XX

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6121332

Date Received: 2022-10-24

Issue: Other transaction problem

Subissue:

Consumer Complaint: My friends sent me approximately {$6000.00} $ XXXX ) on XX/XX/XXXX. On XX/XX/XXXX ( I'm the receiver ), Venmo directly SENT MY MONEY BACK TO SENDER, reversed my transactions WITHOUT my agreement. I was very furious and I contacted them on XX/XX/XXXX and questioned them how they could have the rights to do so. They suggest me to contact my friends again and let my friend pay me through other ways. My friends owed me {$6000.00} and if he no longer responded to me after Venmo reversed payment back to him, I would have to suffer the loss. Im very disappointed as venmos attitude is pretty bad and they are not actively trying to solve the problem for me. Based on the customer service, they told me that my account was at high risk and it triggered their alert so based on their policy they have the rights to do whatever. However, when I asked them why my account is high risk and why they think I violate the policy, they refused to tell me! They told me this could not be disclosed. I don't know how several transfer could make my account high risk. I had more transfer on XXXX and XXXX and there are no problem at all. The other horrible part is that I did not get any any notification or request for further infos when they decided to reverse the transactions on XX/XX/XXXX. Im a Venmo customer since XXXX. During the 9 years I never had any problems! I did not use venmo to receive money very often. Last week, my friend sent me around {$11000.00} including the {$6000.00} venmo reversed to him as those are the money he owed me. This is the first time I used venmo to receive relatively big amount of money and it was a one time thing, and Im surprised Venmo moved my money on their discretion without my agreement. The ridiculous part is that I was told by Venmo customer service that " When you initiated your bank transfer, it was flagged for review. It was found that that payment could not be fully processed, so your bank transfer was canceled and the funds were reversed back to the initial sender '' The confusing part is that why it would cause an alert when I'm transferring my money???? This doesn't make any sense. If any bank or money platform can move customer 's money on their discretion how would any one be able to use these platforms at ease. I don't think any of my behavior violate any policy or is inappropriate. Those are the money my friend owed me and those are my assets. What's wrong when I'm trying to transfer my asset from venmo to my bank account? Venmo refused to disclose why my behavior is inappropriate and took away my money without my agreement. When venmo has the concern they did not investigate or ask me for further info, instead they moved my assets at their discretion and they could not provide me an appropriate reason why they could do so. The so called " high risk '' is baseless. I was more shocked by their attitude of solving the problem. Now Im contacting my friend to see if he can send me money again and I haven't heard back from his yet, however if by extreme case he no longer responded, i will be suffering {$6000.00} loss and pursue the lawsuit. I think how Venmo dealt with my money is very intolerant and Id love CFPB to get in and help me to push them to get a satisfied answer for me. Id like venmo to reverse their action and return my {$6000.00}.

Company Response:

State: WA

Zip: 98007

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6120860

Date Received: 2022-10-24

Issue: Problem with a lender or other company charging your account

Subissue: Money was taken from your account on the wrong day or for the wrong amount

Consumer Complaint: Paypal has a {$2000.00} negative on my account in error. I paid for an item to a seller that has an account with them and they did not send the item to me. I sent bank statements, and I spoke to them as of XX/XX/XXXX without any results to Paypal. I was refunded by my bank but Paypal says that I owe them {$2000.00}. I have copies of emails that confirm that the seller did not send the item ( designer bag ).

Company Response:

State: NC

Zip: 28270

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6120749

Date Received: 2022-10-24

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/XXXX Someone pretended to be an event coordinator on XXXX and asked me to pay them the fees for a booth that I signed up for. I then paid them {$40.00} with {$2.00} fee on PayPal to their email that they listed. I didn't know at the time they were not the correct person. two days later, I got a message from the correct coordinator and she told me this other person was a fraud. XX/XX/XXXX I disputed the transaction on PayPal, it closed in the sellers favor. I tried contacting the fake " coordinator '' they are no longer communicating with me. I know it's only {$40.00} but this means this person is getting away with lots of other scams just like this.

Company Response:

State: MN

Zip: 562XX

Submitted Via: Web

Date Sent: 2022-10-24

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6120556

Date Received: 2022-10-25

Issue: Problem with a purchase or transfer

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

Consumer Complaint: Paypal has permanently limited my access to my account and refunds aren't being processed to my debit card. PayPal would allow me to open disputes close the disputes in my favor then turn around and permanently limit my account and take my vouchers so I can't make another purchase. Then this company blocks my number so I can't contact them

Company Response:

State: NY

Zip: 10457

Submitted Via: Web

Date Sent: 2022-11-10

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.