Paypal is absolutely not freezing accounts to earn interest, that's absurd.
Paypal, and other money transmitters have a business model that earns them ~1% profit for a non-fraudulent transaction and -100% profit for a fraudulent transaction. That's just the nature of the game when you're in payments. That means paypal cares ~100x more about preventing fraud than keeping you happy.
Paypal is absolutely not freezing accounts to earn interest, that's absurd.
Then why else are they doing it, on cases where no investigation is pending (not for fraud or otherwise), and they have already decided to terminate your account?
Comments
Paypal is absolutely not freezing accounts to earn interest, that's absurd.
Paypal, and other money transmitters have a business model that earns them ~1% profit for a non-fraudulent transaction and -100% profit for a fraudulent transaction. That's just the nature of the game when you're in payments. That means paypal cares ~100x more about preventing fraud than keeping you happy.
Then why else are they doing it, on cases where no investigation is pending (not for fraud or otherwise), and they have already decided to terminate your account?