Paypal shutting down accounts related to "gift" payments - Defender Source
Defender Source  

Go Back   Defender Source > Non-Technical Discussions > Misc. Chit-Chat


Reply
 
Thread Tools
  #1  
Old August 27th, 2015, 07:50 AM
crown14's Avatar
crown14
Status: Offline
Verticalscrote
Volkswagen Super Beetle
D-90 Source Vendor
 
Join Date: Jul 2006
Location: 44 Nas Row, Inter Net, USA
Posts: 3,285
Registry
Paypal shutting down accounts related to "gift" payments

I'm hearing this morning that this is happening a lot, mainly to people who send gift or friends and family payments often. Paypal shuts down the account and will wait 180 days, then mail a check with the account balance.
__________________
Note: The maximum size of your custom image is 500 by 100 pixels or 19.5 KB (whichever is smaller).
Reply With Quote
Sponsored Links
Advertisement
 
  #2  
Old August 27th, 2015, 07:57 AM
Bill Larson's Avatar
Bill Larson
Status: Offline
Bill Larson
97 D90 SW
Member
 
Join Date: Jul 2010
Location: AUS
Posts: 6,563
Yep...it was only a matter of time.
Reply With Quote
  #3  
Old August 27th, 2015, 09:34 AM
rijosho's Avatar
rijosho
Status: Offline
Joshua
1995 Black ST - Rhinolined edition
Research Assistant/Eagle Eyes
 
Join Date: Apr 2009
Location: NYC
Posts: 16,557
Registry
It would be pretty (very) stupid of them to just shut the accounts down instead of just rolling out a new policy to charge X% of each "gift" transaction - just make it less than their other charges.

Clearly what they've done is admit that the "protections" PayPal offers and charges as part of their regular goods/services transaction(s) is not seen as very valuable to their clients - hence why so many go the gift route without the protections. PayPal exists because of mistrust, and the gift system has been a great way for those who trust one another to still conduct eCommerce cheaply and easily. Again it'd probably have been easier/more profitable for them to charge a % of transfer for gifts that is less than their regular fee, than to just inactivate the accounts. You can't fix stupid though.
__________________
Quote:
I am talking purely from an aesthetics standpoint.
Reply With Quote
Sponsored Links
Advertisement
 
  #4  
Old August 27th, 2015, 09:37 AM
Z.G's Avatar
Z.G
Status: Offline
Zack
300Tdi 95 D1
Member
 
Join Date: May 2013
Location: Burlington, VT
Posts: 4,676
Registry
I wish more people would switch to Venmo... Paypal is incredibly annoying.

If this happened with a rent payment that I make, I'd be screwed...
Reply With Quote
  #5  
Old August 27th, 2015, 09:55 AM
Overlander's Avatar
Overlander
Status: Offline
mark kellgren
in between D's in an 04 D2
Member
 
Join Date: Mar 2006
Location: Charlotte, NC
Posts: 6,531
Registry
In light of this, I would like to offer my ecommerce money transfer service at jihadipay.net

This service uses the legendary and highly secure payment backbone of Western Union, paired with financial cells nationwide of off-the-grid couriers that will pick up and drop off your cash at a location convenient to you.

Service fees are very low and tax free. Go to jihadipay.net and try it out, or buy a prepaid phone at Walmart and call 866-al-akhbar to arrange a pickup today.
__________________
Mark Kellgren
KM4BOR

ISIL and al qaeda can go F*ck themselves...
Reply With Quote
  #6  
Old August 27th, 2015, 09:57 AM
Rocky's Avatar
Rocky
Status: Offline
Chris
72 + D1 drivetrain
Member
 
Join Date: Sep 2006
Location: Colonies Aka Boston
Posts: 8,775
Quote:
Originally Posted by crown14 View Post
I'm hearing this morning that this is happening a lot, mainly to people who send gift or friends and family payments often. Paypal shuts down the account and will wait 180 days, then mail a check with the account balance.
Can't find anything to confirm what you say. Appreciate additional info
__________________
A friend of mine runs a land rover / range rover specialty repair shop. Based on his experience, they are capable of stopping anywhere, anytime, at any cost.

I don't know about the brakes, only their unreliability.
Reply With Quote
  #7  
Old August 27th, 2015, 10:05 AM
fishEH's Avatar
fishEH
Status: Offline
Brett Fritzler
94, 95, 96 D1's
Member
 
Join Date: Mar 2011
Location: Lake Villa, IL
Posts: 1,113
Hopefully I've got enough Ebay transactions to offset my private classifieds(forums) Gift transactions.
Reply With Quote
  #8  
Old August 27th, 2015, 10:08 AM
nathanwind's Avatar
nathanwind
Status: Offline
Jason Lavender
88-90-127-LR3
D-90 Source Vendor
 
Join Date: Jan 2008
Location: Saratoga NY
Posts: 8,741
Registry
With the recent split-off of PayPal from eBay, I'm *guessing* it's because eBay wants to open their service up to more payment methods (Apple Pay, Google Wallet, Square Cash, etc). Which would be smart...early on in eBay (before they actually merged with PayPal originally) you could at least do cash/check/money order for items as an option...but that went away when they "forced" PayPal down our throats as literally the only option.

I actually have had zero issues with PayPal, and they do certainly make it "easy" for both business transactions as well as personal payments, but have heard many stories of money being frozen/etc and they seem to operate without impunity. It would be nice to see other payment options for eBay and the like.
__________________
Jason Lavender
'71 Series IIA
'88 127 #F96 DKN
'94 90 NAS #324
'06 LR3 HSE

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

(10% discount for DSource members, use coupon code "D90")

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote
  #9  
Old August 27th, 2015, 10:14 AM
Bill Larson's Avatar
Bill Larson
Status: Offline
Bill Larson
97 D90 SW
Member
 
Join Date: Jul 2010
Location: AUS
Posts: 6,563
Quote:
Originally Posted by nathanwind View Post
With the recent split-off of PayPal from eBay, I'm *guessing* it's because eBay wants to open their service up to more payment methods (Apple Pay, Google Wallet, Square Cash, etc). Which would be smart...early on in eBay (before they actually merged with PayPal originally) you could at least do cash/check/money order for items as an option...but that went away when they "forced" PayPal down our throats as literally the only option.

I actually have had zero issues with PayPal, and they do certainly make it "easy" for both business transactions as well as personal payments, but have heard many stories of money being frozen/etc and they seem to operate without impunity. It would be nice to see other payment options for eBay and the like.
X8...
Reply With Quote
  #10  
Old August 27th, 2015, 10:21 AM
Red90's Avatar
Red90
Status: Online
John B.
1991 Defender 90, 200TDI
Site Team
 
Join Date: Sep 2003
Location: Calgary
Posts: 9,235
Registry
Wait until the day a buyer files a complaint. You won't want to use PayPal again. PayPal takes the money immediately from the seller. The seller then needs to spend a lot of time and effort getting that money back. Guilty until proven innocent. The buyer does not need to provide any proof when filing the claim. Just a few clicks and your money disappears. The system is very poorly implemented.
__________________
Pissing people off on the "net" since 1983.

Land Rover. Turning owners into mechanics since 1948.
Reply With Quote
  #11  
Old August 27th, 2015, 10:21 AM
Z.G's Avatar
Z.G
Status: Offline
Zack
300Tdi 95 D1
Member
 
Join Date: May 2013
Location: Burlington, VT
Posts: 4,676
Registry
Quote:
Originally Posted by Red90 View Post
Wait until the day a buyer files a complaint. You won't want to use PayPal again. PayPal takes the money immediately from the seller. The seller then needs to spend a lot of time and effort getting that money back. Guilty until proven innocent. The buyer does not need to provide any proof when filing the claim. Just a few clicks and your money disappears. The system is very poorly implemented.
^this is exactly what I'm referring to.

Ever since RN started doing Paypal it's been a total nightmare.
Reply With Quote
  #12  
Old August 27th, 2015, 10:27 AM
The Dro
Status: Offline
Dro
1988 Ninety
Member
 
Join Date: Jan 2010
Location: Annandale, VA
Posts: 6,690
Registry
Quote:
Originally Posted by Red90 View Post
Wait until the day a buyer files a complaint. You won't want to use PayPal again. PayPal takes the money immediately from the seller. The seller then needs to spend a lot of time and effort getting that money back. Guilty until proven innocent. The buyer does not need to provide any proof when filing the claim. Just a few clicks and your money disappears. The system is very poorly implemented.
True that...

Not to mention that they can take money from your bank immediately and takes PP a week to transfers YOUR money to your bank account.
__________________
Mine is NTO... It was new, Now I'm Taking it Off.
Quote:
Online speculation will not replace onsite inspection.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote
  #13  
Old August 27th, 2015, 11:02 AM
1of40's Avatar
1of40
Status: Offline
1of40
NAS 97SW & 83 One Ten Tdi
Member
 
Join Date: Dec 2003
Location: Potomac Falls & Wintergreen, Virginia
Posts: 6,080
Registry
Quote:
Originally Posted by Red90 View Post
Wait until the day a buyer files a complaint. You won't want to use PayPal again. PayPal takes the money immediately from the seller. The seller then needs to spend a lot of time and effort getting that money back. Guilty until proven innocent. The buyer does not need to provide any proof when filing the claim. Just a few clicks and your money disappears. The system is very poorly implemented.
I have been on both sides of PP's system and it has not been pleasant once or twice over 100's of transactions but the thought of going back to checks or wires is the nightmare. The old system was a bigger racket than PP IMO. PP investors have plowed a ton of resources upfront. I just feel like capitalism should be considered a two way street more often. Expecting endless free services at the convenience of our phone is a lot to ask IMO.
Reply With Quote
  #14  
Old August 27th, 2015, 11:12 AM
javelinadave
Status: Offline
-
-
Member
 
Join Date: Sep 2003
Location: -
Posts: 5,394
Paypal pulled this same stunt with firearms related businesses and purchasers a few years back so I wouldn't be surprised if they did this too.
Reply With Quote
  #15  
Old August 27th, 2015, 11:54 AM
Greenbull's Avatar
Greenbull
Status: Offline
Mark Miller
1994 Defender 90NAS #1258
Member
 
Join Date: Jan 2013
Location: Charlotte,NC
Posts: 1,043
Registry
Quote:
Originally Posted by Overlander View Post
In light of this, I would like to offer my ecommerce money transfer service at jihadipay.net

This service uses the legendary and highly secure payment backbone of Western Union, paired with financial cells nationwide of off-the-grid couriers that will pick up and drop off your cash at a location convenient to you.

Service fees are very low and tax free. Go to jihadipay.net and try it out, or buy a prepaid phone at Walmart and call 866-al-akhbar to arrange a pickup today.
Sounds like you finished your "money Laundering " compliance module this august...
Reply With Quote
  #16  
Old August 27th, 2015, 12:16 PM
crown14's Avatar
crown14
Status: Offline
Verticalscrote
Volkswagen Super Beetle
D-90 Source Vendor
 
Join Date: Jul 2006
Location: 44 Nas Row, Inter Net, USA
Posts: 3,285
Registry
My understanding is that this is happening a lot to folks doing business in Facebook Buy/Sell/Trade pages where gifting is the standard type of payment. There is also a LOT of misrepresented items and Paypal claims centered in those types of sale boards, so I assume that PP wants to start collecting that 2.9% on all these payments so they can investigate issues under Buyer Protection Claims.

The 180 days stems from the fact that PP freezes your funds for that amount of time to ensure there are no claims opened against you during that time which they might need to take your money for.


I personally don't have these issues with PP, just the opposite, they are fantastic for my needs.
__________________
Note: The maximum size of your custom image is 500 by 100 pixels or 19.5 KB (whichever is smaller).
Reply With Quote
  #17  
Old August 27th, 2015, 12:28 PM
Red90's Avatar
Red90
Status: Online
John B.
1991 Defender 90, 200TDI
Site Team
 
Join Date: Sep 2003
Location: Calgary
Posts: 9,235
Registry
You can't make claims with a gift payment, so I'm not sure I understand that logic.
__________________
Pissing people off on the "net" since 1983.

Land Rover. Turning owners into mechanics since 1948.
Reply With Quote
  #18  
Old August 27th, 2015, 12:31 PM
Z.G's Avatar
Z.G
Status: Offline
Zack
300Tdi 95 D1
Member
 
Join Date: May 2013
Location: Burlington, VT
Posts: 4,676
Registry
Quote:
Originally Posted by Red90 View Post
You can't make claims with a gift payment, so I'm not sure I understand that logic.
That was my understanding, you forfeit your right to challenge transactions when gifting the money.
Reply With Quote
  #19  
Old August 27th, 2015, 12:39 PM
Red90's Avatar
Red90
Status: Online
John B.
1991 Defender 90, 200TDI
Site Team
 
Join Date: Sep 2003
Location: Calgary
Posts: 9,235
Registry
Here in Canadia, you can do direct bank transfers online between most Canadian banks. Fees depend on your account, but at most are a fixed $1.50 per transaction. It is so much better. No stupid high fees. No ridiculous random taking of money or holding of money.
__________________
Pissing people off on the "net" since 1983.

Land Rover. Turning owners into mechanics since 1948.
Reply With Quote
  #20  
Old August 27th, 2015, 12:40 PM
jafir's Avatar
jafir
Status: Offline
Jafir Elkurd
Flaky Green 198something ex-mod 90
Member
 
Join Date: Jan 2013
Location: Centerton, AR
Posts: 1,580
Registry
Quote:
Originally Posted by Red90 View Post
You can't make claims with a gift payment, so I'm not sure I understand that logic.
Quote:
Originally Posted by Z.G View Post
That was my understanding, you forfeit your right to challenge transactions when gifting the money.
I think the idea is that there might be other transactions against your account, so just because you've done a lot of gift transactions on dweb and facebook, doesn't mean you haven't done business transactions with roversnorth.
Reply With Quote
Reply

Lower Navigation
Go Back   Defender Source > Non-Technical Discussions > Misc. Chit-Chat

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Paypal solarguy Misc. Chit-Chat 6 June 15th, 2013 12:48 PM
paypal limit lift sirjond Misc. Chit-Chat 17 October 2nd, 2012 05:33 PM
Engine turns over when shutting off usadventureracing Defender Technical Discussions 4 June 24th, 2012 10:49 AM
Need alternative to PayPal djrover Misc. Chit-Chat 12 January 8th, 2012 11:38 PM
PayPal & Ebay UK isleofbones Defender Technical Discussions 0 November 1st, 2010 08:46 PM


All times are GMT -5. The time now is 07:54 PM.


Copyright