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PayPal permanently limited our PayPal account with a $105,000 balance. They said they would hold all fund minus any chargebacks for 180 days and then send an email with instructions on how to transfer our balance after 180 days passed.
Well, 180 days passed, and they unlawfully stole our entire PayPal balance of $83,000. They cited violations of their Acceptable Use Policy and $2,500 in damages per violation. They fail to cite what clause in their policy we broke enough times to conveniently sum up to our total balance that they stole. PayPal is refusing to release funds, not belonging to themselves, which is called grand theft.
We are a small business that provides essential medical supplies including PPE and paypal is preventing us from having funds to pay our staff, fufill our orders, pay our vendors, and many more headaches.
NEVER TRUST PAYPAL WITH A DIME AND SPREAD THE WORD.
WE CAN'T ALLOW THEM TO TAKE ADVANTAGE OF MERCHANTS LIKE THIS. TOTALLY ILLEGAL.
User's recommendation: DO NOT PROCESS A DIME WITH THESE CROOKS.
Product or Service Mentioned: Paypal Payment Processing Service.
Monetary Loss: $83054.
Preferred solution: FULL RETURN OF FUNDS STOLEN FROM US UNLAWFULLY .