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I had a similar case with PayPal, back in 2001, but the sums were much smaller. I was doing freelance work, and most of my clients paid me via PayPal. Then PayP
by lkrubner 16y ago
I had a similar case with PayPal, back in 2001, but the sums were much smaller. I was doing freelance work, and most of my clients paid me via PayPal. Then PayPal froze my account, when I had about $2,500 in it. I needed that money to pay rent. It took about 6 weeks before they re-opened my account. To pay rent I had to borrow money from friends and family. PayPal was very hard to deal with. They kept asking for proof that I was me. They wanted me to send bills that verified my address, but I was subletting an apartment for 3 months and had very little evidence that I was really me.
At another time some friends of mine started a business with me and we had a PayPal account for awhile. At some point we stopped using it, and then someone sent us $200. I've no idea what happened to that $200. Possibly it got auto-refunded at some point. Possibly it is still sitting there, in the account. Whatever email address we used for that account was tied to the company we had, which had a domain name we gave up on years ago.
All the same, PayPal is the easiest way to go when you are starting up a new site. And PayPal has aggressively bought up some of the competition that used to be a lot better than PayPal. (PayFlow Pro, for instance)