3 ms·
Paypal is not a bank, but it acts like one, and they can and will freeze your account for minor things. I recall a big donation fund being shut down years ago a
by Reptur 4y ago
Paypal is not a bank, but it acts like one, and they can and will freeze your account for minor things. I recall a big donation fund being shut down years ago and the only recourse was refunding to senders, but the international senders they just kept the money because they didn't feel like converting it back to their currency. They do not have regulations like a bank, so your money is really in their hands and you will have no recourse. I always recommend avoiding Paypal.