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: 4137984

Date Received: 2021-02-13

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

Subissue:

Consumer Complaint: PayPal closed my account for no reason and will not help me with getting it back up and going. I am not sure if this is some mistake as I assume it has to be. I have not been able to get help from them for days now but I just remembered I could file a report on here as I feel they are not doing their job properly and it is effecting me a great deal as I used PayPal quite frequently. I am using PayPal for selling bitcoins and that's totally legal thing to do. I didnt do anything wrong. I am just trying to earn extra because my husband was just diagnosed with XXXX XXXX. I did provide all documentation they need yet they provided me an info that I am under age even if I'm already XXXX years old. And now they are holding my money which I badly need for XXXX of my husband. My email linked to my PayPal is XXXX. Please help me on this. Thank you.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-02-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4136777

Date Received: 2021-02-12

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

Subissue: Can't stop withdrawals from your account

Consumer Complaint: Purchase an item online via Paypal but the it was not delivered. I tried reaching out to both the seller and Paypal but have not received any response from the two parties. I contacted my bank XXXX XXXX XXXX XXXX XXXX but they referred me to this Bureau instead.

Company Response:

State: CA

Zip: 91356

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4136492

Date Received: 2021-02-12

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: Venmo has no real way to have consumer contact them. The phone number is defective as they do not receive phone calls. The Chat is a bot that deliberately and willfully prevents real contact with Venmo, allowing it to not have to respond to losses due to their neglect and is an unjust enrichment for Venmo. Today I lost over XXXX and I have no way of even contacting Venmo.

Company Response:

State: MA

Zip: 027XX

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4136128

Date Received: 2021-02-12

Issue: Money was not available when promised

Subissue:

Consumer Complaint: OnXX/XX/2021I was notified by PayPal that they we no longer offering services to me as I had violated one of their regulations. I had no idea I was in any violation, they accepted payments for goods I sold, made me ship and wait on confirmation of delivery, wait an additional 24 hours, then found another excuse to hold my funds. They have permanently suspended my account. There is over {$640.00} in the account that they are not releasing. Their exact words were to do what I have to do to collect my funds. I have no access to the funds, the product has all been shipped out and received and now I have no funds for the product. I am reaching out to you guys to aid in coming to a resolution.

Company Response:

State: DE

Zip: 19973

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4136038

Date Received: 2021-02-12

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: Hello, i been having problems with PayPal,, this company ever since i opened it. I feel like i have been racially profiled.I had my goverment money coming into their account and they always freeze and i was assured the first time that it will never happen again. They are holding my stimulus package check in their account and everytime i get money from the goverment i have to verify myself. i need my money

Company Response:

State: GA

Zip: 31088

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4135819

Date Received: 2021-02-12

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I have recurring payments setup via PayPal for my XXXX services. I've had my PayPal " preferred '' payment method as my credit card for years, yet somehow they keep defaulting it back to my debit card as the payment method. My monthly XXXX just came out and surprise surprise, it came out of my debit card even though that isn't my preferred payment method ( and never has been ). This happens repeatedly with PayPal ... ... .it 's no doubt a UDAAP violation as they do not want to pay credit card fees, so they default to debit cards you have on account on a regular basis. It's deceptive and they have been doing this for years.

Company Response:

State: OH

Zip: 430XX

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4134436

Date Received: 2021-02-12

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: Starting in XXXX I tried to make aXXXX XXXX purchase using my XXXX XXXX credit card on XX/XX/XXXX for XXXX. The order went through XXXX however there was no email confirmation because paypal ( which I did not choose ) said : PayPal is committed to complying with and meeting its global regulatory obligations. As part of our regulatory obligations, we regularly screen information and payments transacting through the PayPal system. We recently identified an issue regarding your transaction activity that requires additional review. XXXX : Regarding Your PayPal transaction ( XXXX ). It requested I submit two personal information to use my credit card payment directly with XXXX I did not upload as I expect my charge would not go and will get refunded. I since purchase it the item on XXXX using the login paypal method. I encountered this error 2-3 more times until recently on XX/XX/XXXX where paypal limited my account. Going through my history, paypal as committed charges when the order was nullfied from XXXX because paypal committed to complying with thier global regulatory obligations which permanently making charges if you do not submit information to them. I have bank receipts where there are over 5 charges since XX/XX/XXXX which they have not refunded. Please contact me as I'm also trying to submit this to lawyers to sue paypal for fraud.

Company Response:

State: NY

Zip: 11223

Submitted Via: Web

Date Sent: 2021-02-26

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4134313

Date Received: 2021-02-11

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

Subissue:

Consumer Complaint: Dear CFPB I have had a PayPal account first for business, and now in my personal capacity, for many years. PayPal has placed a hold on my account for 6 months in violation of the Consumer Financial Protection Act : specifically, the prohibition against deception or unfair practices. PayPal has placed a 180 day hold on my account in violation of the Long Form Agreement which says that risk based hold normally would not exceed 21 days. This is a deceptive representation giving because by their action, they garnished money not for a risk but for some other purpose such as wanting use of my money and not paying interest. From between the XXXX XX/XX/XXXX and XXXX XX/XX/XXXX, I transferred {$29000.00} into my PayPal account from my XXXX XXXX account. The size of my average transfer was around {$1000.00}. Once only, I mistakenly transferred money from a XXXX XXXX account that I had closed and had not updated on my PayPal transfer information to reflect this change. PayPal informed me of the error and the next day I covered that amount ( {$1000.00} only ) by bringing in additional funds. I admit that the initial transfer was a bit mistake on my part and one I immediately corrected with no consequence to PayPal. However, PayPal placed a 180 day hold on my account. The only notice I received is something vague informing me of the hold, but it did not even give me a phone number to call for clarification. My girlfriend and I need these funds for living expenses I have attached the letter from PayPal notifying me of the hold

Company Response:

State: WA

Zip: 98023

Submitted Via: Web

Date Sent: 2021-02-12

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4134037

Date Received: 2021-02-11

Issue: Managing an account

Subissue: Problem accessing account

Consumer Complaint: I opened a PayPal account about 3 years ago with my email XXXX. when I attempted to use this account recently and since I didn't have the same phone number I was having issues. I created another PayPal account and I contacted PayPal and let them know. Now I have roughly {$900.00} dollars in my account and they limited my account. I submitted all the documents requested and they told me 72hours or less I would revieve access. I waited the 72hours and now they are telling me another 72hours. I Sold these products on ebay because I need the money. My family is struggling due to covid and I being out of work and I can not afford for them to continue to tell me to wait.

Company Response:

State: AZ

Zip: 85203

Submitted Via: Web

Date Sent: 2021-02-11

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4133957

Date Received: 2021-02-11

Issue: Problem when making payments

Subissue:

Consumer Complaint: I want to pay a loan I have with PayPal. They have locked me out of my account so I can not do that. Every time I call ( and it's been at least 5 times ) Someone says they will look into it and call back, and they don't. This all started because a client I had asked for a refund for a writing service I provided and PayPal gave it back to them even though I sent email proof showing I had asked the client for certain materials to complete the final half of the job, and the client said they could not provide these items. So I am happy to pay a portion but am not liable for the full amount. PayPal will not be reasonable. Even beyond this {$1000.00} I still want to pay my {$3500.00} loan to them which is completely separate. I have tried with the XXXX XXXX XXXX. They have still not responded to make a way where I can pay this loan. So I either want a formal letter saying that they are completely forgiving it or create a way so I can pay, but this is ridiculous and has been going on for nearly a year. It is good that the government is beginning to examine PayPal because this should be another item that should be added for analysis. But I do want some resolution with all this asap!!!

Company Response:

State: NY

Zip: 10001

Submitted Via: Web

Date Sent: 2021-02-11

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.