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: 7633499

Date Received: 2023-10-03

Issue: Confusing or missing disclosures

Subissue:

Consumer Complaint: Venmo does not disclose that payment for goods or services with a credit card is a " cash transfer '' rather than a " credit card purchase ''

Company Response:

State: NJ

Zip: 08055

Submitted Via: Web

Date Sent: 2023-10-03

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7632575

Date Received: 2023-10-04

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: My Paypal account was compromised in XXXX XXXX. Credits and debits were issued between Paypal web and Paypal credit to offset the fraudulent purchase, but one of the two entities issued credit and did not properly offset the entry leaving my online account with a credit balance ; thereby, preventing me from using it. Paypal web has harassed me by sending text messages, emails, letters and phone calls asking for payment for a dollar amount I dont owe. I refused to make the payment because thats extortion as my Paypal credit account is paid in full. Due to the lack of payment, Paypal web has continued to block the use of my online account. Ive called Paypal web and Paypal credit numerous times to resolve this issue, but the only response Im getting is finger-pointing from both entities. In addition, Paypal web has given Paypal credit XXXX days to resolve the issue leaving me without the use of my online account due to an incorrect credit balance.

Company Response:

State: CA

Zip: 92880

Submitted Via: Web

Date Sent: 2023-10-04

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7632484

Date Received: 2023-10-04

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: PayPal locked my wife 's account this week ( XXXX ). She is living in the XXXX and relies on my financial help which has been channeled through PayPal up to this point. PayPal arbitrarily " limited '' her account essentially freezing over XXXX pesos for six months with a warning that after the 6 months she may not retrieve the funds at all if they believe she has violated anything in the massive user agreement rules. Life is hard in the XXXX, this foolish and abusive action by PayPal has generated hardships for my wife. I believe PayPal should be governed by the same rules banks and other financial institutions have to follow and be held financially liable for discrimination and arbitrary actions such as this. I would like to ask that you advise PayPal to immediately release the funds they have illegally scammed from my wife and I.

Company Response:

State: MI

Zip: 488XX

Submitted Via: Web

Date Sent: 2023-10-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7631224

Date Received: 2023-09-29

Issue: Fees or interest

Subissue: Problem with fees

Consumer Complaint: I can't login the phone number associated has been attached to a XXXX account and belongs to XXXX the person has taken over my XXXX account as well. Phone number associated was an XXXX XXXX XXXX number XXXX

Company Response:

State: TX

Zip: 781XX

Submitted Via: Web

Date Sent: 2023-09-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7631085

Date Received: 2023-09-28

Issue: Money was not available when promised

Subissue:

Consumer Complaint: I received an email from PayPal, on XX/XX/XXXX, stating my account is permanently limited after a review. I called on XX/XX/XXXX and asked a customer service agent, why was my account limited, she said I can not give you that answer, I then asked for a supervisor and he said PayPal, will contact me within 24-48 hours, they never contacted me. I called again on XX/XX/XXXX, I talked with account manager XXXX, he said PayPal would contact me and once again, they did not. I had 2 XXXX 's with PayPal as soon as my account was limited, I sold my XXXX and PayPal, charged me a fee of about {$90.00}, but I was not allowed to transfer my {$5600.00} to my Bank account. I read PayPal 's user agreement, it says after 180 days my money can be released and transfered, however, it's been 214 days and I still can not transfer my money. I sold my XXXX {$2600.00} XXXX and that is also not able to be transfered to my Bank. PayPal, charged me about {$39.00}. Interesting PayPal, takes a transaction Fee, for both XXXX and XXXX but still will not release my money! I even tried to make a formal complaint but PayPal 's site wouldn't allow me, too. I signed up with PayPal back in XXXX, when I was selling on XXXX, never had an issue until out of nowhere, PayPal, limits my account and " never '' gave me and explanation, truly unprofessional and poor business practice. I then called after the 180 days, and the customer agent stated if I'm eligible or if I qualify, then I will receive my money, I've " never '' heard of such profound nonsense in my life, I have to qualify for " My Money '', its outrageous to even mention something that absurd and foolish! Bottom line PayPal, is operating rogue and doing whatever they want to, with my hard earned money, and I'm not going to allow them to steal " My Money ''. Something Needs to be done with this Unethical business, they do not understand customer service and certainly operates with no regard to there customers, meaning me and I'm sure many others, as the internet shows All the lawsuits against this company, that are ongoing. I would hope the new CEO, is ethical and professional unlike the former one, XXXX XXXX! Warning do not use PayPal, or you too may have sleepless nights, hoping and praying you get your money back.

Company Response:

State: AZ

Zip: 85119

Submitted Via: Web

Date Sent: 2023-09-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7630313

Date Received: 2023-09-30

Issue: Fraud or scam

Subissue:

Consumer Complaint: I was trying to call XXXX Support for an issue I had with my XXXX TV account. The website came up and had a big XXXX Certified logo and the number came up on the screen just like it normally looks on the XXXX, so I called. It starts out seeming like a regular support call. It is hard to hear him due to some choppiness so he states he is going to call me back from his direct line. He does. I go through the regular questions, name, email, etc. Then they say they need to remote into my phone so they can help me trouble shoot what is going on. They asked me to download the XXXX app and they remoted into my phone. They said my validation was expired and that they need to troubleshoot an issue with my card and my account. That didnt work and they asked me to open Venmo to validate my payment method that way. Im distraught at this point, things dont seem right. I hang up and try to re-check the website I had gotten that number off of, but he keeps calling me back. I answered and was arguing with him about all of the things that had transpired so far and he said, weve frozen your Venmo account so nothing will actually come out. This is just a way to validate your payment. He kind of talks me down and then proceeds to ask me to send multiple payments to 4 different accounts. And when a pop up came up saying insufficient funds I finally just hung up. Deleted the anydesk app. Contacted Venmo immediately, which was extremely difficult. I couldnt get through to anyone and had to send a message through the contact portion of their site where I reported the payments and told them what happened. There was no way for me to cancel or stop the payment in the Venmo app, I did look and try. They tried calling me back many times after I had hung up and was trying to contact Venmo. So I blocked all 3 numbers they were using. XXXX the number I initially called from the website. XXXX his direct line XXXX another line The Venmo accounts were XXXX for {$250.00} on XX/XX/23, payment to - XXXX for {$240.00} on XX/XX/23, payment to - XXXX for {$240.00} on XX/XX/23 and payment to - XXXX for {$240.00} on XX/XX/23. I also contacted my bank and locked down my bank account and card and told them what happened. They said no money would be able to be taken out of my bank account. They opened up a new bank account and moved my remaining funds into the new account. Ordered a new debit card. I deleted my Venmo account later that night I have put a freeze on my XXXX report, so far. Ive reported this to the Federal Trade Commission as well.

Company Response:

State: NY

Zip: 14620

Submitted Via: Web

Date Sent: 2023-09-30

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7629407

Date Received: 2023-09-28

Issue: Problem with the payoff process at the end of the loan

Subissue:

Consumer Complaint: On XXXX I received a Business loanfrom XXXX for the amount of {$34000.00}. The terms of the loan were {$590.00} weekly billing.Prior to signing for the loan I was told after fifty percent of the loan is paid off I would be able to refinance the loan and get additional funds. I paid the loan from XXXX through XXXX XXXX on time payments without any discrepancies. The loan was paid off fifty percent so I contacted XXXX on XXXX to refinance for additional funds and was rejected. This puts my business in a bad position to continue to operate. These fraudulent loan practices are unacceptable and are terrible for small businesses. This company needs to be held accountable for these fraudulent tactics

Company Response:

State: OK

Zip: 731XX

Submitted Via: Web

Date Sent: 2023-09-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7628038

Date Received: 2023-09-28

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: Can't access my Venmo account

Company Response:

State: CA

Zip: 935XX

Submitted Via: Web

Date Sent: 2023-09-28

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7628016

Date Received: 2023-09-28

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

Subissue:

Consumer Complaint: To Whom It May Concern, I am writing regarding Paypal 's user interface and security, specifically the log in interface. When the mobile app is first opened, there is an option to " Text a one-time code. '' Similarly when one goes to the sign in page on the Paypal website, there is an option to " Log in with a one-time code '' that is sent via text. Electing this option would allow the user to log in using only the code that is sent, thereby allowing whomever has the code to access the Paypal account even if they do not know the account password. I believe this feature is a significant security flaw in that it allows anybody with access to the user 's phone or text messages to be able to log in to that person 's Paypal account without requiring the password, and there is not a readily available ability to disable this option in the account settings. A password and/or biometric verification should ALWAYS be required to log in. I am not sure why such a feature allowing sign-in solely via text message would be allowed, and more importantly if it is allowed, why such a feature is not able to at least be disabled at the user 's election. As you can see from this post on Paypal 's user forums ( XXXX : XXXX ), there are many users complaining about the same issue, and it does not appear as if Paypal has done anything to remove the feature in question. Please direct them to remove at once the ability to log in solely via text message verification ( and without password or biometric verification ), given the significant security risk that this poses. Thank you.

Company Response:

State: NY

Zip: 10001

Submitted Via: Web

Date Sent: 2023-09-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7626917

Date Received: 2023-09-28

Issue: Other transaction problem

Subissue:

Consumer Complaint: XXXX charge me for two orders, I only ordered one, I had canceled the other one, one was for {$56.00}, the other one was for {$62.00}, they claim that they refunded me the money, I reached out to XXXX who referred them back to XXXX. It's a big mess, XXXX use the third-party company and only refunding me {$34.00} to XXXX who I am in the process of trying to verify that money is I took the items back to XXXX, handed them to XXXX anXXXX XXXX XXXXld me they have to reach out to the third-party company, I don't think that's right it's not my fault they use a third-party company, the way I paid them. My money is the same way they should refund the money to me.

Company Response:

State: TX

Zip: 76053

Submitted Via: Web

Date Sent: 2023-11-28

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.