19 Comments
- Tenlow, on 10/12/2007, -0/+17So now when someone gets your password from a phishing email they get even more good info out of it?
- cynicalife, on 10/12/2007, -3/+11Yea because that happens to everyone.. I have 2 accounts and neither has been locked in the last 5 years.. Ohh no paypal is satan!!
- sockpuppets, on 10/12/2007, -1/+6Strange, their terms of service reads "Papal storage is available only to boys 13 years of age or younger."
- mhockey14221, on 10/12/2007, -0/+5On first glance I thought this story was a about Papal Storage, meaning the holy grail...
,,, unless you read the DaVinci code - chess007, on 10/12/2007, -0/+4Paypal screwed me. I never received something I bought, I let them know (gave them all the details) ...they let me know that they wouldn't do a damn thing about it. But that it would "be placed on the account holders record." Oh thats right, place a bad mark on their account, make them cry. :p
By the way, the payment was to a "verified" paypal account. Don't trust that you can get your money back, (even from a transaction with someone who has a "verified" paypal account) even if you do everything right and don't receive what you bought.
Google needs to start an auction site, so I can use Gbuy. :) - radu79, on 10/12/2007, -1/+4Damn, you beat me to it!
- mike503, on 10/12/2007, -0/+3i've been screwed by paypal as well.
they wouldn't let me even appeal or talk to someone who could fix the problem.
i know for a fact that a girl was operating her against-the-paypal-rules website soliciting money for memberships on it via paypal, and when paypal reviewed it, they allowed her to continue to use their services, as long as they had a username/password to "monitor the content"
any place like that that can play favorites and such... not to mention no regulations required... no way in hell i would rely on them. luckily i got the $100 or so in my account; i read all the horror stories of thousands of dollars being tied up and no legal recourse to get the funds.
it's a damn shame too; the service is so clean and easy to use, and extensible now... sigh. - Ogopogo, on 10/12/2007, -0/+2Payapal is no 'pal'. It's sorta like dealing with a paranoid relative that has control of your bank account. You're never quite sure what it is that'll set them off and you can't reason with them.
I wouldn't trust storing any files with them. You never know when then might delete it for any random 'reason'. - inactive, on 10/12/2007, -7/+9Al Gore: Yes, PayPal?
PayPal: DROP box, not LOCK box
Al Gore: sulks away... - sockpuppets, on 10/12/2007, -3/+5Paypal is not subject to any type of government regulations whatsoever- their terms of service allows them to freeze an account indefinately for any reason they deem necessary. A quick visit to paypalsucks.com shows great examples of hard working people that had their life savings wiped out. Successful powersellers that converted their real business to a virtual one only to be held captive by the ebay/paypal empire. I personally even know a very senior eBay VP who had his account locked for a month for no reason. Good luck getting any response out of them when they do lock you, too. Their "customer service" is abysmal.
If you're ok with a corporation weilding absolute power over your livelihood then by all means, use them. - inactive, on 10/12/2007, -2/+4He's right. Read their ToS. It stayes they can cancel your account for A N Y reason. If you say "***** you" to them on the phone, like I did. Account cancelled. They even had the nerve to give me a negative balance in my account and email be daily saying they'd take legal actions. These emails were from their lawyers - or so they say.
- maximinus, on 10/12/2007, -2/+4@sockpuppets: Don't store your life savings with them, and you can't have them "wipe out" your life savings. Simple as that. Withdraw money to a proper bank account regularly and you don't stand to have everything frozen/held.
- drycounty, on 10/12/2007, -0/+2Look I just hope this "service" is held or hosted on servers that have absolutely NOTHING to do with any cash or transactions.
- sockpuppets, on 10/12/2007, -0/+2fatdog789, you're simply misinformed. They are not subject to any banking regulations, period.
- maximinus, on 10/12/2007, -1/+2So that the RIAA can raid your PayPal account, knowing exactly who you are and where to find you?
- justinmorris, on 10/12/2007, -1/+2I think I missed something this week...?
- thehouse, on 10/12/2007, -1/+1I say media is to blame... digital media that is - you can put your mp3s in there.
- fatdog789, on 10/12/2007, -3/+2"Paypal is not subject to any type of government regulations whatsoever"
Paypal is subject to the same regulations as credit-card-issuing-banks. If you read the bank's TOS, they say the same thing. It's just that people don't usually use the bank in the same way that they would use Paypal, so the odds and occurences of violating the bank's TOS are significantly smaller. - sockpuppets, on 10/12/2007, -10/+8Paypal is pure evil. You're a fool to leave any money there, let alone your files. They're notorious for arbitrarily locking accounts and withholding funds indefinately.
You've been warned.
What is Digg?
Browsing Digg on your phone just got easier with our enhancements to the