In the Matter of PayPal, Inc., File No. 1623102 #00011

Submission Number:
00011
Commenter:
Darcy Pfeifer
State:
Arizona
Initiative Name:
In the Matter of PayPal, Inc., File No. 1623102
PayPal is not FDIC insured, is not a bank yet they act like one and do illegal practices! They withold money from their customers for no valid reasons, completely disregard their own policies. Right now they are holding $400 of my money and my merchandise! There managers are rude and untrained, their supervisors are from their their countries and hardly speak English. They cannot hold people's money not being insured. They claim that any money being held is not in their possession which leads me to believe even more illegal activities. I hope the FBI SHUTS THEM DOWN! Now I have no open a merchant credit card account to even be able to buy and sell on eBay. I'm so upset and they have caused major financial issues and undue stress to myself and family.