Comment on I’ve been locked out of PayPal for years because of their mistake
CosmicTurtle0@lemmy.dbzer0.com 1 week agoNot in the US. The number of people who trust PayPal absolutely amazes me.
PayPal is not a bank. Regardless of what they write on their site, they aren’t regulated as a bank or insured as a bank.
They have the legal authority to close your account and take your money for any reason. There are countless horror stories of people trying to get PayPal to release their funds only to find out they have no legal recourse.
Cryophilia@lemmy.world 1 week ago
I only got my $500 back from them because I knew someone who knew someone who used to be a PayPal exec lol. Fuck those scummy bastards.