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: 4800815

Date Received: 2021-10-10

Issue: Problem with a purchase shown on your statement

Subissue: Credit card company isn't resolving a dispute about a purchase on your statement

Consumer Complaint: I used PayPal for a purchase from XXXX. The unit ( {$1700.00} ) did Not work I contacted XXXX, the manufacturer XXXX, & PayPal. I asked for a replacement of a refund. After a month I was told on XX/XX/XXXX by PayPal I would get a REFUND with a return. I returned it to the address in XXXX, given which cost me over {$400.00} USPS XXXX. Since, I've contacted PayPal for 2 months, I was told I was only a few days away from seeing my Refund returned to my bank account. Today I received the attached email. I would be happy to talk to someone at CFPB about my immediate options. XXXX Thank-you XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, AL. XXXX XXXX XXXX

Company Response:

State: AL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-10-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4799355

Date Received: 2021-10-11

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: There was a {$350.00} transaction paid by my XXXX XXXX XXXX credit card through Paypal on XX/XX/21 which went onto dispute. The dispute continued with XXXX XXXX XXXX XXXX process and a full refund of {$350.00} was issued on XX/XX/21. Paypal issued a temporary credit of {$140.00} back to the credit card on XX/XX/21 The problem is that then on XX/XX/21 Paypal reversed the {$140.00} temporary credit from my Paypal account instead of the credit card account. XXXX XXXX XXXX made ANOTHER reversal of {$140.00} from the credit card on XX/XX/21. Basically, the {$140.00} credit was issued once and reversed TWICE. XXXX XXXX XXXX says it's Paypal 's issue and Paypal says it's XXXXXXXX XXXX XXXX XXXX issue. Someone needs to re-issue the {$140.00} credit back to me.

Company Response:

State: CA

Zip: 94063

Submitted Via: Web

Date Sent: 2021-10-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4799040

Date Received: 2021-10-11

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I attempted to make a purchase to XXXX via PayPal credit on XX/XX/28. PayPal approved the purchased, but unbeknownst to me, there was not enough available credit to make the purchase. I found this out because PayPal then proceeded to debit one of my bank accounts for the amount resulting in an insufficient funds fee. I didn't know PayPal would do this, so I removed all of my additional cards and bank accounts from PayPal and had my staff accountant contact them immediately regarding this attempt to debit my bank account. I received an email from PayPal stating they had canceled the billing agreement with the merchant and I presumed it was canceled and I'd no longer be charged. To my chagrin they attempted to debit my bank account again resulting in another insufficient funds fee. I logged in to one of my other credit cards that had previously been removed from PayPal and noticed they had posted the transaction to that credit card on XXXX, a full week after I had already removed the card from PayPal. I have the original email showing when my credit card was removed from PayPal the week prior and that no charges would be posted after that date, so how was PayPal able to charge that card a full week after without authorization?

Company Response:

State: TN

Zip: 37042

Submitted Via: Web

Date Sent: 2021-10-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4799031

Date Received: 2021-10-11

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

Subissue:

Consumer Complaint: So randomly today around XXXX i get an email from paypal they literally banned my paypal saying I can no longer do business with them, and I only used it twice to get payments, XXXX payment days ago of {$350.00}, a couple days ago {$600.00} which they reviewed for 24 hours and then it passed the review and all of a sudden, today, they email me saying im limited permanently. This is so ridiculous I didn't do XXXX at all. I use paypal for family and friends and I even have a business one. This is ridiculous I need this ban lifted, I didn't sell anything on this paypal, or even get any disputes. Only XXXX person has sent me money. I need this ban gone, its how they abruptly ban you off their platform without any sort of explanation.

Company Response:

State: FL

Zip: 33169

Submitted Via: Web

Date Sent: 2021-10-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4798465

Date Received: 2021-10-09

Issue: Fraud or scam

Subissue:

Consumer Complaint: On XX/XX/2021, I was trying to update my email and address on my PayPal account and called the number listed on its website. When I spoke to first XXXX XXXX and then to a person, who claimed to be a PayPal Account Manager - XXXX XXXX - ID # XXXX at XXXX. XXXX XXXX first asked me to log onto my bank account ( XXXX XXXX ) and XXXX {$490.00} from my checking account to a XXXX to verify my identity. XXXX also asked that I send {$490.00} from my savings account to XXXX XXXX at XXXX to verify the same. The savings account did not go through but the checking account did. XXXX explained that my money was not being sent but was only being used to verify identify and the funds would be back within in my account within 24 hours. Which has not happened. On XX/XX/2021, my wife and I have called several numbers that XXXX and XXXX had provided and they all answer the phone stating they are with PayPal. We also spoke to a XXXX XXXX at XXXX is a Request to receive money on my PayPal account but I am unable to file any type of resolution or dispute with the transaction. I had my wife email PayPal to try to get a resolution. We also spoke with a XXXX who said he was with PayPal dispute center and his ID is XXXX. However, he wanted me to log into another website and when I asked why, he became hostile and hung up the phone. On XX/XX/2021, I have spoken with my bank and have filed a money movement claim, which will take 10 days. I am now filing a claim here because I want to make sure that all my bases are covered and that I am able to get my {$490.00} back.

Company Response:

State: AZ

Zip: 86442

Submitted Via: Web

Date Sent: 2021-10-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4798381

Date Received: 2021-10-10

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

Subissue:

Consumer Complaint: PayPal has closed the account without any reason since XX/XX/ 2021 and they are not helping me to get it back. I am sure that I did not make any mistakes and they are not even telling me the reason of closure. I tried to get any answer from them many times but they are not giving any proper answer. They even held my money for 180 days and after 180 days they took all of my money ( {$1100.00} USD and XXXX GBP ) on XX/XX/2021 from my account. So I am filing a report here as they are not doing their job properly. They held and taken all of the money without giving a proper reason and it gave me quite a loss. My email linked to PayPal account is XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-10-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4796964

Date Received: 2021-10-10

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

Subissue:

Consumer Complaint: On XX/XX/2020 I started to receive my unemployment benefits from GDOL which included several deposits for back paided week on my claim. Altogether I received XXXX on XX/XX/2020 I recieced 1 single deposit t which time my account was restricted and subsequently placed with a permanent limitation. I've contacted PayPal numerous times over the past 1, 3 months and I'm still being told that no information can be given. And that no one within PayPal entirety could uplift these restrictions so I can regain access to my full rightfully owned funds. I was a regular UI recipient not a PUA recipient. These are funds that I am lawfully & rightfully entitled to. I've done everything accordingly but PayPal is refusing to release my funds to me and I've followed their procedure thoroughly & now I'm not being given any resolution or solution to withdraw my funds and close my account. And it's been over a full calendar year since these restrictions were first implemented against myself. Please help me recover my funds in a timely manner.

Company Response:

State: GA

Zip: 30296

Submitted Via: Web

Date Sent: 2021-10-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4796650

Date Received: 2021-10-09

Issue: Fraud or scam

Subissue:

Consumer Complaint: I was a legal customer of PayPal with a business account ( XXXX XXXX ) since XXXX. I had a zero complains or disputes there. On XX/XX/XXXX, I've received an email stating that I can't use PayPal anymore because " a potential risk associated with account was found ''. My account with a remaining balance of {$420.00} was locked. On XX/XX/XXXX, the entire amount was withdrawn by PayPal ( Transaction ID : XXXX ). It looks like a scam andor software glitch on the PayPal side .

Company Response:

State: CA

Zip: 94404

Submitted Via: Web

Date Sent: 2021-10-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4796649

Date Received: 2021-10-09

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

Subissue:

Consumer Complaint: I'm a new user of paypal. I'm a XXXX XXXX XXXX and I got my first payment thru paypal. May account is fully verified with bank accounts and card linked to it even my client confirmed his payment to me paypal decided to permanently limit my account and they'd hold my funds for 180 days. Paypal Account : XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-10-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4795574

Date Received: 2021-10-09

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

Subissue:

Consumer Complaint: Paypal closed my account that I use for my business. I had this account for 3yrs and had successful transactions the suddenly Paypal decided to limit my account and now to no longer do business with me without any reason at all. I have submitted all necessary documents and verified my id and address same with my banking information but still they'd close my account and holding my funds. Paypal account : XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-10-09

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.