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: 5728983

Date Received: 2022-07-02

Issue: Getting a line of credit

Subissue:

Consumer Complaint: Yes I applied for a loan and I was wrongfully denied. The company has been given numerous loans and they were all paid off and we do qualify but still no loan. I get error messages. This is the first complaint I have filed about this matter but it has been an ongoing issue since the last loan was paid off We are a 20 year plus account and we should not be going through this. I am on file at the Nevada Secretary of state. I do not choose to give my social security number out because XXXX XXXX who is the owner has given his and actually this is an LLC and it is not required by law and I am afraid of becoming the victim of identity theft. To my knowledge if it is an LLC it is not required. I am not sure if this is XXXX XXXX behavior or it is just illegal and unethical activity in business dealings.

Company Response:

State: NY

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-07-02

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5728753

Date Received: 2022-07-02

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

Subissue:

Consumer Complaint: XXXX account have limit my account without giving me the reason why they do so Also they asked me to upload my I'd card and I do as they said but unfortunately they still not approve my account instead they limit it, and yet it is personal account

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-07-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5726274

Date Received: 2022-07-01

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2022, I received a payment from XXXX XXXX via Venmo account for the amount of {$1800.00}. The transaction was successful and I was able to transfer the funds to her son for a payment of rent. A month later, I receive the email from a Venmo account about a chargeback claim being filed by the sender 's card issuer. I called my bank to ensure there was no case opened on my end. Next, I reached out to XXXX XXXX, and her son XXXX XXXX to resolve the matter and clarify the chargeback claim made against me. They claimed the chargeback case was illegitimate and/or reversed when I contacted XXXX XXXX for clarification. I quickly reached out to Venmo after the dispute came back not in my favor and Venmo provided no further detail about the case while simultaneously freezing my account and demanding a payment of {$1800.00}. I reached out to my lawyer who concluded that Venmo is operating under faulty business practices by providing false investigation results. Venmo also sent an email saying the " Case has not been worked '' without any explanation. I tried contacting Venmo and Customer Support escalated my case but it's been a week without action or speaking with an Account Specialist to resolve my case. I demand my account be unfrozen and the amount of {$1800.00} refunded as I have violated no policy or terms of agreement. Also, since I was not the sender, I am unable to use the Purchase Protection Feature. Lastly, there were no goods or services being exchanged during this transaction.

Company Response:

State: VA

Zip: 20171

Submitted Via: Web

Date Sent: 2022-07-01

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5725588

Date Received: 2022-07-01

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: Hello Paypal! I am writing to let you know that I had a couple things I would like to touch up on from our previous engagement. Account information : XXXX The last CFPB Complaint number is XXXX " PayPal will cease collection activities for your account 's negative balance. '' To give a short summary of it, what had happened was I was refunded by Paypal for {$1700.00}, but paypal stated it was a provisional credit which they rebilled for via my paypal account. Paypal understood what had happened and stated they would cease collection activities for my negative balance. However this is unfair as I had already started to pay back the negative balance by asking my friends and family to help. So by the time I found out that that Paypal would not collect on it, I had already paid {$990.00} of it off. I want to ask if Paypal can either refund them or provide me the differential credit of {$990.00} so I can pay them back. It was a XXXX group that I was apart of and they were trying to help me out. Now it just seems that the matter fizzled out as from my understanding, Paypal knew what had happened and therefore stated they would not collect on the balance. Can you find the heart to refund those people that tried to assist me or give me the means to transfer that {$990.00} credit?

Company Response:

State: VA

Zip: 23693

Submitted Via: Web

Date Sent: 2022-07-01

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5725386

Date Received: 2022-06-30

Issue: Confusing or misleading advertising or marketing

Subissue:

Consumer Complaint: On XX/XX/XXXX I made a purchase of 5 pairs of high heels from a XXXX based company using Paypal for {$330.00} The company had a return policy of 30 days from date of receipt and they would provide a return label. See the policy here : XXXX XXXX XXXX On XX/XX/XXXX I received the heels and had a professionally trained ballerina try one shoe on and they were so defective she could not stand. The balls were not flat, the construction was not stable, the shoes were completely unuseable without significant risk of injury. In accordance with the return policy I emailed the company, they ignored me. I emailed again and was ignored. I emailed a third time and was ignored. I opened a case with Paypal. Paypal allowed the seller to violate its own published return policy and require that I pay between $ XXXX USD to ship the shoes back. I reviewed Paypal 's buyer protection program and its acceptable use policy. Paypal was allowing the seller to abuse their platform to force a dispute instead of honoring its published return policy so that it would not have to pay the return shipping. I explained this to Paypal and they said they refused to investigate the seller or file a complaint regarding the concerning abuse of the paypal money system to scam, mislead, falsely advertise and profit illegally from a US Customer. Paypal is required to abide by its user policies. Paypal is required to enforce its policies to prevent adverse impact on consumers. Paypal is facilitating illegal transactions by permitting XXXX sellers to violate its own terms of service and acceptable use policy. While I don't expect Paypal to resolve this matter, I do hope this complaint will spark an investigation into the potential illegal practices and complicity with illegal sales practices of its sellers. Paypal is profiting from my loss and profiting from the illegal use of its system by XXXX sellers and potentially other non us sellers that abuse its system to force exorbitant return shipping fees onto the shoulders of buyers. I purchased from this company after reading their return policy and feeling comfortable that I would not be responsible for return shipping to XXXX. Paypal is required to investigate sellers who abuse their system. Paypal also advertises buyer protection but clearly, Paypal is not following that policy either.

Company Response:

State: IN

Zip: 470XX

Submitted Via: Web

Date Sent: 2022-06-30

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5722928

Date Received: 2022-06-30

Issue: Confusing or misleading advertising or marketing

Subissue:

Consumer Complaint: I was offered by PayPal to convert my personal account into a business account. After taking my first payment PayPal then froze my account requesting documents to prove the legitimacy of my business which I did. They then refused to release my account after providing all documentation proving the authenticity of my business. I then requested that they return my account to a consumer account and the still refuse to do so. This has affected me both personally and business wise. If they needed proof which was provided before converting my account the time to do so was before converting my account not after I began taking payments.

Company Response:

State: TX

Zip: 75154

Submitted Via: Web

Date Sent: 2022-06-30

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5722839

Date Received: 2022-06-29

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: XX/XX/22 : Purchased merchandise ( XXXX items ) from XXXX for {$110.00}, paid via XXXX ( linked to XXXX XXXX ). XX/XX/22 : Initiated return of XXXX ( totaling {$95.00} ) of XXXX items ( facilitated via XXXX ). XX/XX/22 : XXXX received in XXXX PA ( XXXX returns ) by XXXX. XXXX spoke with XXXX in late XXXX about refund status; was advised that they only had a record of receiving XXXX XXXX I items I returned. XX/XX/22 : XXXX issued a refund for this item only, for {$42.00} ( XXXX ) through PayPal to XXXX XX/XX/22 : Initiated " dispute '' through PayPal for the second item in the amount of {$52.00} ( XXXX ). XX/XX/22 : decided to report disputed amount to XXXX ; XXXX credited my account for {$52.00} for the disputed item while they attempted to resolve it. XX/XX/22 : PayPal emailed me to say they would not go further with their dispute, as XXXX was now involved. XX/XX/22 : XXXX recovered the {$52.00} for the second item, which was credited directly & permanently to my XXXX account. XX/XX/22 PayPal has now charged me {$42.00}, claiming I got duplicate refunds -- one from them and one from the dispute handled by XXXX -- and is asking me to pay them {$42.00}. I received a total of {$95.00} for XXXX items, both shown on my XXXX account statement. XXXX acknowledges they made both of these refunds. XXXX claims they have no roll to play here as they recovered the disputed amount of {$52.00} for the returned item XXXX could initially not locate & I was already credited with {$42.00} for the other item by XXXX via PayPal. After XXXX hours on multiple calls, with multiple people, PayPal insists they must recover the {$42.00} from ME and are treating this, rather aggressively & unsympathetically, as straightforward debt collection, claiming I received an extra refund. I did not.

Company Response:

State: MD

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-07-22

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5720259

Date Received: 2022-06-28

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

Subissue:

Consumer Complaint: Hello, I was a customer using PayPal for my business for a long time, two days ago they asked me for a business address document for a spending limit upgrade which I provided, I was using this account for over 2 years without any violations or troubles. Suddenly today without any notification I get my account closed permanently with my money in it and my bank cars and some of my business payments on my way to the account, all of them stuck now. please help me to restore this account and continue the business.i think this was a mistake Reference ID : XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-06-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5718651

Date Received: 2022-06-29

Issue: Getting a line of credit

Subissue:

Consumer Complaint: I tried once again to apply for a working capital loan which I have successfully had more than 2 of them and successfully paid them back. I called and this time the agent was very helpful he knew what he was talking about and you could tell he was perplexed at why I was not being approved either. I don't think that I am going off the hook to quick in LABELING THIS DISCRIMINATION IN LENDING because nothing has changed and there is absolutely no reason based on the facts that I should be being rejected for these loans. I have been a longterm customer more than 20 years on this particular account and I was one of the first one hundred customers of PayPal under another account. Loyalty returned with discrimination? I do know that there is another bank called web bank behind these loans so they might be part of the problem too? Also I tired to add my email to the account ( XXXX )

Company Response:

State: NY

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-06-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5718631

Date Received: 2022-06-29

Issue: Problem adding money

Subissue:

Consumer Complaint: I was trying to use Venmo to pay someone, and my transaction was declined by Venmo. This is the case even though I have never had any problems with my payments. This left me unable to pay a debt. I contacted the company to understand why ( fraud? credit risk concerns? ) and what I could do to remedy the situation ( validate myself? show balance in my funding account? ) and they gave me no helpful information or remedy. This impacted a business relationship and caused me substantial injury and, as far as I can tell, was unavoidable. I believe my expectations that my account would function were reasonable. I do not see a reason for my payments to be decline and believe that this practice does not rise to a UDAAP standard that would be expected from a credit card or bank.

Company Response:

State: NY

Zip: 11561

Submitted Via: Web

Date Sent: 2022-06-29

Company Response to Consumer: Closed with monetary relief

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.