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: 5686477

Date Received: 2022-06-20

Issue: Charged fees or interest you didn't expect

Subissue:

Consumer Complaint: On XX/XX/2020, I the consumer utilized Paypal Credit in which I had a surplus credit amount {$1600.00} to pay my car note of {$390.00} ( Exhibit A, Exhibit B ). On XX/XX/2020 Paypal attempted to collect my car payment from my debit card in the amount of {$390.00} without authorization which is in direct violation of 15 US Code 1602 ( p ) ( Exhibit C ). Furthermore, they threatened to report this false claim to the credit bureau which is in violation of both 18 USC 876 and 15 USC 692 ( e ) ( 10 ) causing me mental anguish, XXXX, and stress ( Exhibit D ).

Company Response:

State: MS

Zip: 395XX

Submitted Via: Web

Date Sent: 2022-06-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5685451

Date Received: 2022-06-18

Issue: Other transaction problem

Subissue:

Consumer Complaint: Venmo froze my account for security reasons amd won't unfreeze it

Company Response:

State: MO

Zip: 64052

Submitted Via: Web

Date Sent: 2022-06-18

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5684325

Date Received: 2022-06-18

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

Subissue:

Consumer Complaint: Signed up with Venmo and used their services a few times. Someone sent me money and all of a sudden venmo froze my account asking for my ID even though my account was already ID verified. I sent that in and also sent in my bank statement just to show them I'm me. They closed my account with MY {$160.00} IN IT!! Now they say I have to wait 180 days and then I MIGHT GET MY MONEY

Company Response:

State: MO

Zip: 65802

Submitted Via: Web

Date Sent: 2022-06-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5684279

Date Received: 2022-06-18

Issue: Problem with a purchase or transfer

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

Consumer Complaint: Today XX/XX/XXXX at XXXXXXXX XXXX I was picking up my room and found a debit card issued by XXXX XXXX XXXX, which is linked to my PayPal business account, under my bed. In the past few weeks I have had fraudulent activity on my personal bank account so I called PayPal customer service " ( XXXX ) XXXX '' to see if I could gain access to my account so I could log in and check the transaction records but was told that they could not do that because of some restriction I did however convince the first representative I spoke with to verbally give me some transactions on my account and I noticed ; as she was telling me the transactions on my account, that there were for sure TWO ATM withdrawals and 2 deposits that I did not make OR AUTHORIZE myself. One transaction was for {$160.00} on XX/XX/XXXX the other was for {$200.00} which occurred on XX/XX/XXXX I understand and realize that these transactions happened more than 5 years ago, but I lost access to the email and phone number associated with my PayPal business account around XX/XX/XXXX, so I wasn't able to monitor the transactions that were taking place on my account. Otherwise I would have brought this to their attention much sooner so that this could get resolved. While speaking with them I was repeatedly transferred for no apparent reason other than to get me off the phone, I was hung up on twice, and ultimately I wasn't able to update my phone number or email address on file with my account so that I can access my online transaction records without having to call customer service for help, which they were none of! Seeing how PayPal business accounts and debit cards are covered by the FDIC I assumed that I would get a refund or at least an account credit to resolve the issue since it was a transaction not authorized or done by me. The ONLY person legally allowed to authorize transactions on this account. My name is XXXX XXXX and I can be reached at ( XXXX ) XXXX or XXXX.

Company Response:

State: IA

Zip: 506XX

Submitted Via: Web

Date Sent: 2022-06-18

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5680257

Date Received: 2022-06-17

Issue: Fraud or scam

Subissue:

Consumer Complaint: I watch many XXXX bloggers and have participated numerous times in contests and have won. However, on XX/XX/12, while watching a XXXX XXXX, XXXX, received a message from someone posing as her, telling me that I was the winner of an IPad for comment and supporting her blog. She then asked me to respond to her on XXXX. The message had her picture. I did this. Then they asked me to show where the message said I won, which I did, then asked if I would pay shipping, which I agreed. They said they accept PayPal, Venmo etc, so I agreed to PayPal. PayPal refuses to investigate or open a fraud case.

Company Response:

State: MN

Zip: 55337

Submitted Via: Web

Date Sent: 2022-06-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5679626

Date Received: 2022-06-17

Issue: Money was not available when promised

Subissue:

Consumer Complaint: On XX/XX/XXXX a business client sent {$300.00} to my business venmo account. The money was marked " on hold '' by venmo, asking that I submit tax information. Having already done so previously, when I clicked the tab indicated this time, it went nowhere and did not allow me to verify tax info ( because I'd already done so ). On XX/XX/XXXX I initiated email contact with customer support with no resolution. On XX/XX/XXXX I called customer support and they could see I had verified my info and they could not say why my money was not being released. I was told I would get an email from their account support team within several days. I never received an email. On XXXX I called back, at which time I was asked to submit documentation of screen shots outlining what I see when I try to verify tax info. I submitted all requested screen shots on XXXX. After continued attempts to get information from venmo on XXXX, XXXX, and XX/XX/XXXX, with no resolution, I am now taking further steps. They are saying they don't know what the issue is, and they have no ideas when it could be resolved. I can not get answers, and most importantly can not get my {$300.00}.

Company Response:

State: MD

Zip: 21236

Submitted Via: Web

Date Sent: 2022-06-17

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5678868

Date Received: 2022-06-17

Issue: Attempts to collect debt not owed

Subissue: Debt was paid

Consumer Complaint: I have paid off my debt from the company Paypal XXXX. On XX/XX/2022 I payed the amount that has been owed to Paypal. On their half, it says that the payment has been completed.

Company Response:

State: CA

Zip: 90660

Submitted Via: Web

Date Sent: 2022-06-17

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5675533

Date Received: 2022-06-15

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: I received a collection notice from PayPal in XXXX of XXXX stating that I owed {$30.00} on an account. When I further researched this issue it was noted that this was a fraudulent account created using my maiden name and current address. The collection agency was able to verbally verify that they sent a flag alert to PayPal regarding this account and I reached out to XXXX Identity Theft Protection to submit a claim. Since XXXX my XXXX agent and I have called PayPal numerous times and each time we get a different PayPal agent who gives us the run around. We were told on several conversations that we would be getting an email confirmation that the fraudulent account was closed and then each time we call back we are told they can not provide us with the information. I am looking to get written confirmation that the account in question was closed and that I will be released from any financial responsibilities from this identity theft.

Company Response:

State: IL

Zip: 60487

Submitted Via: Web

Date Sent: 2022-06-15

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5674658

Date Received: 2022-06-15

Issue: Fraud or scam

Subissue:

Consumer Complaint: I was scammed by a Fraudulent company named XXXX It all happened around XX/XX/2022 They approached me online and manipulated me into investing and trading. I had no previous experience with cryptocurrencies and they took advantage of that. Unfortunately I invested around {$8300.00} in total, which I had to upgrade and add more funds to receive my profit. My profit started around XXXX through the website. Then significantly went up to {$22000.00} in profit. I was then told I had to pay a maintenance fee of {$5000.00} to get my profit. After I paid what was stated, thinking I would get my funds. I was then told my money was transferred to the bank I indicated above that would hold my funds, and I would be able to withdraw a total of {$36000.00} immediately. When I tried to withdraw the money, I couldnt due to a tax loan code. Then through an email thread, I was then told I needed to pay {$7500.00} to get my money out due a tax loan fee. I mentioned I wasnt aware of this. Then they agreed I pay {$5000.00} through a XXXX ATM to receive the code. This has caused a lot of stress by all this money being asked of. After waiting longer due to a lack of funds to pay, I finally came up with the total amount. I paid what was asked for the amount of {$5000.00}. Then they didnt give me the funds! They said there was an increase in the tax fee, but these increases will cover all fees, so I need to pay the initial amount of {$7500.00}, of which I already paid {$5000.00}, then they regret to mention I pay the remaining balance of {$2500.00}. After all of the investing and not being able to withdraw my funds i had realized it was a scam.

Company Response:

State: CA

Zip: 93103

Submitted Via: Web

Date Sent: 2022-06-15

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5673916

Date Received: 2022-06-16

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I used PayPal to receive money for a sporting good accessory through my business account and received payment on XX/XX/XXXX for {$690.00}. On XX/XX/XXXX the transaction settled and PayPal transaction fee was taken out with a net amount of {$670.00} being available for me to withdrawal. When withdrawing the {$670.00} on XX/XX/XXXX, PayPal asked for more information about the transaction. I shared what was asked and on XX/XX/XXXX was informed I could not longer do business with PayPal. PayPal cited : " After a review of your account activity, we've determined that you're in violation of PayPal 's Acceptable Use Policy. XXXX As a result, your account has been permanently limited and you won't be able to conduct any further business using PayPal. This is permitted under the PayPal User Agreement sections Restricted Activities and Actions We May Take. You must remove all references to PayPal from your website ( s ) and/or auction ( s ), including removing PayPal as a payment option, the PayPal logo , and the PayPal shopping cart. If you have funds in your PayPal balance, we'll hold it up for 180 days. These funds may be used to satisfy any obligations you may have under the User Agreement and Acceptable Use Policy, including potential liabilities to third parties and to PayPal for each violation of the Acceptable Use Policy, including monetary damages. After that period, we'll email you with information on how to access any remaining funds. '' PayPal said they would hold my money for 180 days at which point they would work with me to make the money available. That did not happen and on XX/XX/XXXX, PayPal took the {$670.00} citing " PayPal 's damages caused by Acceptable Use Policy violation ;. '' I would like my {$670.00} back as that transaction did not violate any

Company Response:

State: WA

Zip: 98117

Submitted Via: Web

Date Sent: 2022-06-16

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.