Payment processors also don't usually hold funds on your behalf. Visa can refuse to process your transaction, but they can't hold your money hostage because the

Payment processors also don't usually hold funds on your behalf. Visa can refuse to process your transaction, but they can't hold your money hostage because they never have it the first place. IIRC, in order to avoid banking regulations, Paypal claims that legally the balance you hold with them is owned by them. So if they want to close your account and just keep your money then they can (and do). Which is bullshit and a state of affairs should absolutely be regulated out of existence.