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> Oh, and by the way, it would be keeping the money in that account for up to 180 days while it decided whether it was entitled to “damages” for my yet-to-be-ex
by TotoHorner 4y ago
> Oh, and by the way, it would be keeping the money in that account for up to 180 days while it decided whether it was entitled to “damages” for my yet-to-be-explained breach of its Acceptable Use Policy.
This is so unbelievably unacceptable and yet I’ve seen PayPal do it time and time again.
- twawaaay 4y agoAt least PayPal is making a show of deciding. YouTube will demonetise your vid and pretend keeping running ads for free is not a problem.
- AnonCoward42 4y agoIsn't your balance gone when PayPal cancels your account? Also what's with people having recurring payments to the cancelled PayPal account? Honest questions.
- throwaway837562 4y agoIn our case, yes. Our balance of around $4k was frozen for 180 days then PayPal said they will keep it all due to "damages", which they did not specify. Subscriptions will fail to be renewed.
- twawaaay 4y agoIDK. "Normal" financial institutions like banks have obligation to send the balance to the account of your choosing upon closing the account unless it is frozen. But the money can only be frozen for a specific reason and the bank has no ability to claim those money for themselves. There is a good chance we will get a resolution because there is a potential class action brewing: https://www.bloomberg.com/news/articles/2022-01-13/paypal-sued-for-freezing-customer-accounts-without-explanation https://www.bloomberg.com/news/articles/2022-01-13/paypal-su...
- conradfr 4y agoIt's mostly to account for potential chargebacks and fraud reversals. They have always done it, and it has always infuriated people affected by it.
- TotoHorner 4y agoMakes sense for potential chargebacks / fraud reversals... but PayPal is saying they're terminating the Daily Sceptic's account for political reasons. Why would there be a flood of chargebacks for a termination like that? It seems like PayPal doesn't have a very strong policy in place for how/why they freeze someone's account and take their money. They just do it willy-nilly whenever they want to close someone's account.
- blantonl 4y agoTerms and Conditions that you agree to before using a service are a thing.
- twawaaay 4y agoThe contract you sign is not absolutely binding and can be invalidated in part or in whole for variety of reasons. I personally feel that if ToS is too long and too complex for most people to read and understand it should be possible argument towards invalidating that ToS.
- TotoHorner 4y agoContract law is a thing. Contracts are deemed void and unenforceable for all manner of reasons.