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: 7576210

Date Received: 2023-09-20

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: Venmo frozen my account on XX/XX/XXXX, I called them and they told me they would respond after 24 hours. I did not receive a response until XX/XX/XXXX. At which point they told me the were closing my account and holding my funds for 180 days. I did nothing wrong and they are stealing my money. I desperately need that money to pay my bills. I am a single mom who now fees eviction due to this. At this point I will be submitting all of this to the news and blowing this up to a massive story if they do not allow me to at least withdrawl my funds immediately.

Company Response:

State: MO

Zip: 641XX

Submitted Via: Web

Date Sent: 2023-09-20

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7576099

Date Received: 2023-09-20

Issue: Problem adding money

Subissue:

Consumer Complaint: The company called and told me that they were fixing the charge and reinstating my account. They also told me that they would make it so that I could add my bank account to the new account instead of the previous account. This is not what happened. I attempted to add that bank account again, several times, and when I tried manually, my account got frozen... AGAIN! This is unacceptable and this is still the worst company I have ever had the displeasure of working with. This process has been frustrating and annoying and quite frankly, I would advise anyone not to even bother ever trying Venmo.

Company Response:

State: KY

Zip: 40515

Submitted Via: Web

Date Sent: 2023-09-20

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7575421

Date Received: 2023-09-19

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

Subissue:

Consumer Complaint: Some time between XX/XX/XXXX and XX/XX/XXXX, my PayPal account was locked and I was denied access to the money currently inside. No explanation was given- they requested that I verify my identify and they locked the account shortly after I did so. This came less than two weeks after I filed a complaint with the XXXX XXXX XXXX after PayPal refused to relinquish funds from a second account that had also been locked without explanation. PayPal is illegally holding approximately {$450.00}, a petty sum but one that I earned through honest and legal activity.

Company Response:

State: KS

Zip: 671XX

Submitted Via: Web

Date Sent: 2023-09-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7573173

Date Received: 2023-09-19

Issue: Unexpected or other fees

Subissue:

Consumer Complaint: On XX/XX/23 I got XXXX insufficient funds charges in the amount of {$27.00} from a CLOSED Venmo account. When I contacted VENMO, I was told I would have to reopen the account but couldnt.

Company Response:

State: LA

Zip: 700XX

Submitted Via: Web

Date Sent: 2023-09-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7572371

Date Received: 2023-09-19

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

Subissue:

Consumer Complaint: The complaint is against PayPal. I have had an account with PayPal for a long time that I rarely have used except maybe 1 or 2 transactions over the life of the account since it was created. They placed my account on a temporary restriction and requested information from me to resolve the account restriction including linkage of a bank account and photo ID. These documents were submitted and accepted when I was logged into my PayPal account. Today, I received an email with a receipt indicating a purchase through PayPal that appeared to be a scam. I do not use PayPal. I logged into my account on the legitimate PayPal site to close my account which I was unable to do so. The site indicated that I needed to resolve issues with my account to remove the limitation and could not close or delete any information until that time. I also found the attached notice that stated, " We're permanently limiting your account. You can no longer use PayPal as we've decided to permanently limit your account after review. '' I called PayPal today at XXXX and spoke with XXXX. She stated that PayPal determined that transactions on my account were a security threat to PayPal and its users despite seeing that the account is not used. She stated that I could not close the account or delete any information with the permanent limitation status that she could not override. She would not immediately state the reason that my account was permanently limited but then stated it was due to the photo ID that I submitted upon their request that created the issue but would not tell me anything more. She said that I could submit another photo ID for review. I refused stating that I would not provide any further information since PayPal was not letting me have control over it. She kept referring back to the User Agreement. She could not do anything further. I stated that I would file a complaint with the FTC and CFPB to have my account and all the information deleted from their databases.

Company Response:

State: CA

Zip: 92264

Submitted Via: Web

Date Sent: 2023-09-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7571220

Date Received: 2023-09-19

Issue: Advertising and marketing, including promotional offers

Subissue: Confusing or misleading advertising about the credit card

Consumer Complaint: I am getting emails every week about my PayPal account and that I have been charged a certain ( large ) amount on my PayPal credit card. I have PayPal account and I have not been charged but these emails are trying to get me to call them to complete the charge for opening a business PayPal. They are trying to scam me. They are sending it to my old email address. Here is one example : " Subject : welcome to paypal! Date : XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX Your request to open your Paypal Business account is processed. This account has been verified on your SSN and you can now accept credit card payments without hassle. We have charged merchant fees of {$640.00} from your checking account .It will reflect on your bank statement in XXXX hours. If you haven't signed up for Paypal Business call immediately at XXXX as this may be a case of identity theft. Team Paypal Business XXXX Unsubscribe From This List | Manage Email Preferences '' And here is another : " Subject : Paypal invocie Date : XXXX, XXXX XX/XX/2023 XXXX XXXX ( UTC ) From : XXXX XXXX Reply-To : XXXX To : XXXX Hello, PayPal user you sent money to XXXX XXXX XXXX XXXX If you suspect any fraudulent activity related to this transaction, please report it by contacting XXXX. PayPal Alert : Payment Sent to XXXX XXXX XXXX For any concerns, please contact XXXX. You have sent a payment of {$590.00} USD. Unsubscribe From This List | Manage Email Preferences '' And here is another : " Subject : Thank you for being Paypal 's customer! Date : XXXX, XXXX XX/XX/2023 XXXX XXXX XXXX XXXX XXXX From : XXXX XXXX Reply-To : XXXX To : XXXX Hello, PayPal user you sent money to XXXX XXXX XXXX XXXX If you suspect any fraudulent activity related to this transaction, please report it by contacting XXXX. PayPal Alert : Payment Sent to XXXX XXXX XXXX For any concerns, please contact XXXX You have sent a payment of {$590.00} USD. Unsubscribe From This List | Manage Email Preferences

Company Response:

State: VA

Zip: 226XX

Submitted Via: Web

Date Sent: 2023-10-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7570633

Date Received: 2023-09-19

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: I am being locked out of my venmo account. Every time I try to log in I get this error message - OAuth2 Exception : Unauthorized action I don't know what to do. I have set up direct deposit on my account. Why isn't venmo fixing this issue? Please help. I have submitted my ID & a selfie with my ID.

Company Response:

State: NJ

Zip: 07470

Submitted Via: Web

Date Sent: 2023-09-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7567139

Date Received: 2023-09-18

Issue: Trouble accessing funds in your mobile or digital wallet

Subissue:

Consumer Complaint: On XX/XX/ I made a deposit of XXXX to my Venmo account and then stated on XX/XX/2023 my funds will be posted. Then I found out my account was frozen went through the process of getting it restored did everything they needed me to do just so they can permanently close the account now its saying I cant have access nor will I receive my funds. I could provide more info if needed.

Company Response:

State: NH

Zip: 03102

Submitted Via: Web

Date Sent: 2023-09-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7567113

Date Received: 2023-09-18

Issue: Other transaction problem

Subissue:

Consumer Complaint: I have had an account with PayPal for many years. I was satisfied with it. My profession is XXXX XXXX, I XXXX XXXX. I have an account on XXXX for selling XXXX and my website is XXXX. After corona, I didn't sell many XXXX. In XX/XX/2023, I discovered the website XXXX. Here one can sell XXXX and one then receives a percentage of the fee back. I have invested all my savings in this. I have done this from XX/XX/2023 to my satisfaction. This allowed me to pay for painting materials and part of the studio rent. XXXX is very reliable but only works via PayPal for the payout. My income is a small pension. As of XX/XX/2023, my account with PayPal is suddenly ( permanent ) limited. I can no longer withdraw money, I can no longer receive money and I can no longer pay anything through PayPal for the duration of six months. I have been seriously affected by this. It means that I can no longer pay the rent of my studio. The payouts via XXXX come in amounts of about XXXX from various sources that I obviously can not check. I have spoken to PayPal staff a few times on XX/XX/XXXX. It turned out that I was suspected of speculative trading in XXXX via PayPal. This is not the case. I am not a " trader ''. I use the possibilities of XXXX. All risks are for me, not for PayPal. My case was escalated, but result. I don't feel treated fairly. That is why I want to make a complaint.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-09-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7567112

Date Received: 2023-09-18

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: PayPal closed my account because of disputes I have given proof but now they wont let me send or record money I have two credit cards with them

Company Response:

State: PA

Zip: 182XX

Submitted Via: Web

Date Sent: 2023-09-18

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.