I got paid via PayPal today and shortly thereafter I received an email stating that my account was permanently limited, meaning I have no access to my funds. PayPal customer service said my account was flagged by their algorithm for fraud and I have no recourse to dispute this claim. My funds are inaccessible for 180 days, after which I will be able to recover my funds. Alternatively, I can refund the payment back to the sender, after which the sender can get the money to me by other means. However, because I already have a pending transaction, I have to wait up to seven days for that transaction to be declined before I am able to initiate the refund.
I'm so upset right now. This is money I need to live. I have a car payment overdue. I need gas in my car. I have bills to pay. And some computer algorithm somewhere decided this. Please, do not ever use PayPal to receive or hold any substantial amount of money. Because they can and will lock you out of your account for no reason and with no recourse. Please tell everyone you know to avoid PayPal and these online financial services that do not have any accountability. Use a real bank or trusted institution. This is outrageous.
Submitted March 10, 2021 at 09:55PM by TenderizedVegetables https://ift.tt/3qyMRhO
