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: 5208155

Date Received: 2022-02-10

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

Subissue:

Consumer Complaint: I am complaining about Venmo. I opened an account and in order to send money, a bank account or debit card must be linked to your Venmo account. I tried to link my bank account the first time on XX/XX/2022. It was declined, raised a red flag and my Venmo account was frozen. I contacted support who asked me to upload my photo ID and bank statement showing the account number and a recent transaction. I did that and was told my account was unfrozen and that I could add my bank account now. The same thing happened when I tried again. I contacted support and went through the same process just explained several more times. Screenshots of all email communications are attached. They tried to say it was just my bank account that was the issue and suggested I try another card not associated with that bank account. I tried two other debit cards not associated with my bank account and got the same result. My case was escalated to someone else after many failed attempts. Their final response was that their system is declining my attempts to link my bank account and debit cards and they can not override the decline. This is absolutely ridiculous. I have my bank account linked to many other payment apps and have never had a problem like I have had with Venmo. I use PayPal, XXXX XXXX, XXXX, XXXX XXXX, XXXX XXXXy, XXXX XXXX, XXXX payments, etc. My cousins XXXX XXXX XXXX daughter just passed away from XXXX and donations for the memorial fund were being collected through Venmo and I wanted to donate along with the rest of the family. I was the only one in my family who had an issue. I feel like Venmo does not care and that is no way to treat a customer. There has to be something they can do. I have never had to jump through so many hoops to try to use a service before.

Company Response:

State: TN

Zip: 370XX

Submitted Via: Web

Date Sent: 2022-02-10

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5208129

Date Received: 2022-02-10

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2022 I made an electronic transfer via Paypal to the wrong contact in my address book. The amount was for {$510.00}. As soon as I realized the mistake I followed the actions posted on PayPal 's website to resolve the accidental payment. I attempted to message the individual and to formally request a refund using Paypal 's platform. I also submitted a ticket for a resolution with their Help Desk. On XX/XX/2022 Paypal responded with a Case Closed response stating that the transaction wasn't eligible for PayPal Protection, however that Protection is afforded only to items sold on their website, it is not to be used as a Protection effort against accidental or unauthorized transactions. Therefore, PayPal should have further investigated the complaint, taking more time and a different approach to the error. At no time did I state there were items in dispute, but the overall transfer. The transfer was a mere mistake. Paypal should have within their power to retract a transaction that was sent in error, without negative consequences to the consumer. I feel Paypal is not taking proper, fair steps in recovering my funds. I find it unreasonable and criminal on the part of Paypal, allowing such an easy fix to slide to the side and be denied. I have been a loyal consumer for the financial institution with no negative instances in the past and feel this, also, should be taking into consideration regarding my claim.

Company Response:

State: CA

Zip: 956XX

Submitted Via: Web

Date Sent: 2022-02-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5206096

Date Received: 2022-02-09

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

Subissue:

Consumer Complaint: Paypal limited my account all of a sudden. Without any explanation or warning

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5206074

Date Received: 2022-02-09

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: I live in multiple countries. ( XXXX XXXX, XXXX & XXXX ). I travel allot since my business is located in XXXX. I used PayPal to transfer money between these countries, and then deposited the money into the local bank so that I have money available to use in that country whilst I am there. In early XXXX, I sent myself money from my XXXX XXXX PayPal account to my XXXX PayPal account. When the money arrived, I noticed that PayPal had charged me a fee of XXXX for the transaction. PayPals website specifically states that I will not be charged for a transaction between personal accounts. I contacted the customer support, who agreed that there was an error and told me that they would refund the transaction fee. On the XXXX XX/XX/2022, I contacted them again to ask when they would be refunding my fee, and within two minutes, I received notice stating that they have seized all of my money and closed my accounts. On XXXX XXXX, I received a notice stating that my funds are available, and yet I am not able to get the money from PayPal into my bank account.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5206059

Date Received: 2022-02-09

Issue: Fraud or scam

Subissue:

Consumer Complaint: I sold products to a client in XXXX. A few hours after PayPal accepted the clients money, they sent me a mail stating that they are closing my account and they have seized my funds. I asked them to return the funds to several clients who had paid on the same day since it would be unfair to deliver these items if I would not be paid for them. On the XXXX XX/XX/2022, one of those clients wrote to me and informed me that according to PayPal, I had lodged an appeal to not return the money. I told the client that I would never do such a thing, and that it must be a mistake. A few hours later, I received a mail from Paypal which referred to " my appeal ''. Within the same minute, I received another email from PayPal stating that my appeal was rejected and they then took a rejection fee from my account and charged me for the refund. This is clearly fraud. I made no such statement. I wrote to the customer support, and they replied with an incoherent and unrelated " copy and paste '' response. I made contact with XXXX XXXX ( XXXX ) and XXXX XXXX, XXXX ( XXXX ) on several occasions, but they have ignored my email.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5204702

Date Received: 2022-02-09

Issue: Money was not available when promised

Subissue:

Consumer Complaint: PayPal did not disclose that a peer-to-peer payment would take more than 6 business days. Website gave a timeline for fund availability of XX/XX/XXXX. It is not available and they now claim, it could take up until XX/XX/XXXX. Funds have already been deducted from linked checking account and PayPal is unnecessarily holding the funds and not releasing it to the recipient. Transaction ID : XXXX Spoke with a customer service rep and supervisor and no acceptable resolution was offered.

Company Response:

State: CA

Zip: 95133

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5203191

Date Received: 2022-02-09

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: In XX/XX/2021, I sold an item on XXXX. I am not a dealer and it was a one-time event. My sister who llved near the buyer handed him the item and he paid me {$80.00} via PayPal. The money showed up in my account right away. When I clicked on the link to accept the funds, I was given 3 options : 1 ) Transfer it to your bank. 2 ) Keep it in Paypal, which involves setting up a PayPal balance account and 3 ) " Get a check by mail instead. '' Not wanting to give PayPal my bank info or set up a balance account, I chose option 3, the check. That gave me 2 more options -- to get it in minutes for a 1.5 % fee or in 1-3 days for no fee. I chose the latter. But when I clicked on that, I was asked to link to a bank account. Again, I do not want to give PayPal my banking info. They already have my credit card. So I was stuck with no way to claim my {$80.00}. I called PayPal in XXXX but the customer service person was unable to help me get a check mailed to me. I called Paypal again today and got the same response. It is not right that PayPal has been holding my money hostage for more than 4 months and there is apparently no way for me to access it without allowing them access to my bank account or setting up a balance account with accompanying fees. I feel robbed. Please help. They should not be allowed to get away with this. I have attached screenshots from my PayPal account, some of which I captured in XXXX but I checked and they appear exactly the same today.

Company Response:

State: NJ

Zip: 07040

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5200971

Date Received: 2022-02-09

Issue: Other transaction problem

Subissue:

Consumer Complaint: Venmo froze my account because I tired to order of XXXX iv given them every piece of abutting to show it was me but they still haven't unfrozen my account they also haven't depositing my money that I did a standard XXXX on they passed the date they told me it would be delivered on they won't talk to me or tell me why my account if froze they stole my money and are getting attestation with it is theft pain and simple... it was my tent money and as a result me my wife and my give week slogs caught was kicked out and venmo still hasn't released my money or give me idea when it will be or why please help so this fraud scamming... thefts from stealing people 's money

Company Response:

State: MT

Zip: 59105

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5200702

Date Received: 2022-02-09

Issue: Fraud or scam

Subissue:

Consumer Complaint: Paypal original transaction date XX/XX/2022. Purchased sporting event tickets using Paypal. Tickets delivered were from a different event than ordered. Seller was unable to resolve the issue and unresponsive. Requested refund through Paypal for the {$230.00} spent. Paypal issued a partial refund on XX/XX/XXXX of {$83.00} and closed the dispute as resolved in my favor. I contacted Paypal on XX/XX/XXXX to dispute the resolution and the Paypal customer service team was not helpful stating I had won my dispute and that there was nothing further they could do. Refunding {$83.00} of a XXXX does not resolve my issue. Paypal support offered no resolution and said that I needed to dispute the charge with my bank. I disputed the charge with XXXX XXXX who maintains it was a authorized charge to Paypal which I authorized and will need to be resolved by Paypal.

Company Response:

State: CA

Zip: 92101

Submitted Via: Web

Date Sent: 2022-02-09

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5198877

Date Received: 2022-02-08

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

Subissue:

Consumer Complaint: PayPal closed my account for no reason and will not help me getting it back up and going I am not sure if this is some mistakes as I assume it has to be I have not been able to get help from them for days they are not doing their job properly I thought you guys would help me thats why I filed a complaint against them my email is XXXX XXXX

Company Response:

State: MN

Zip: 55412

Submitted Via: Web

Date Sent: 2022-02-08

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.