Oh, but Paypal has been doing this to a whole lot of people for a very long time. There's plenty of horror stories of this kind.
In fact, he should've known that they are really, really biased against crowdfunding, pre-paying for events and processing lots of payments for non-physical goods.
The reasons technically make sense, but in reality, they should be able to do that without issues - it's not the early 00's, after all.
But it's like Paypal wants to be a "small payments" processor, instead of holding large amounts of money for other people. Maybe there are legal reasons for this...
Comments
Oh, but Paypal has been doing this to a whole lot of people for a very long time. There's plenty of horror stories of this kind.
In fact, he should've known that they are really, really biased against crowdfunding, pre-paying for events and processing lots of payments for non-physical goods.
The reasons technically make sense, but in reality, they should be able to do that without issues - it's not the early 00's, after all.
But it's like Paypal wants to be a "small payments" processor, instead of holding large amounts of money for other people. Maybe there are legal reasons for this...
Agree wholeheartedly that PayPal's issues with crowdfunding are well known.