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Paypal Funds

This is a discussion on Paypal Funds within the Other Banking Services forums, part of the Banking category; Hi I m a business member in paypal i m using it almost from 2008. Coming to the point : ...

  1. #1
    adda4u is offline Junior Member
    Join Date
    Feb 2010
    Posts
    1

    Default Paypal Funds

    Hi

    I m a business member in paypal i m using it almost from 2008.

    Coming to the point : On Feb 1st and on 3rd i received payments from my clients total amount is $xxx

    Out of which once client used Personal payment option and another client used Services and they charged the fee for second client and i received the payment after the deduction. Now the problem is they reversed the transactions both and forwarded the payments to respective clients by charging the reversal fee. They haven't informed abt the personal payment options no specific email alert {I cant go daily and check the site for updates its there responsibility to mention some how} What exactly i can do now?
    Why should i pay for reversal fee? and why shd i loose the amount

    Any help



    Warm Regards
    Srihari
    Last edited by adda4u; 02-04-2010 at 12:51 PM.

  2. #2
    Unregistered Guest

    Default Paypal is cheating us

    I have an Indian PayPal account and I have recieved money for my services using services option in PayPal.

    PayPal yesterday returned all money back to my clients. Money amount is approximately 2000$.

    Because of these reversal my account went negative and PayPal than cancelled my withdrawal to my bank account. I have withdrawn 2500$ and when it got cancelled PayPal returned me 2340$ after currency conversion

    They are returning all my service payments to clients although they tell in email that they are returning only payments which were sent as personal gift.

    Also, Now the returned payment to clients has cost me about 2000$ because clients are no longer willing to pay me back.

    PayPal cannot return payments in past. These is illegal. They can do it from todays payments but how they can do it to payments done in past

    Paypal is worst

  3. #3
    nareshseo is offline Junior Member
    Join Date
    Jan 2012
    Posts
    2

    Default

    Hi there,
    I am using paypal account from more than 1 year and make transaction 3-4 time. 1 of my payment status is showing that payment is completed on 6-1-2012 but fact is that no payment reach to my bank account and 1 another payment made on 8-1-2012 transferred to my bank account. When I complaint to paypal first time on 12-1--2012 regards this then paypal disconnect my bank account details and ask to connect another bank account then I connec my HDFC bank details. And again write to paypal then one of their executive Mr. Colleen replied that your payment will be transferred to your account by Tuesday Jan 17, 2012. I wait till Jan 18, 2012 and write again. Then they ask to fax both banks statement. I faxed last 1 month statements of both banks on 21-1-2012.

    In the last I replied as “We have completed our investigation of your case and, as there is insufficient evidence in support of your claim, we have refused your Unauthorised Account Use Claim.”

    I have received money before and after the particular transaction/payment. Now question is that why my account is unauthorized and what is insufficient evidence they are saying.

    Please help me out asap.

    I need help to recover my money from paypal. Please help me.

    Thanks and regards

    Naresh Sharma

  4. #4
    stab3216 is offline Junior Member
    Join Date
    Feb 2012
    Posts
    2

    Default

    Hello,

    I have done several transactions through paypal and i thought it was the easiest and safest way to purchase something online. However everything changed after a transaction i did on 26th sept 2011. i had purchased an item on ebay through paypal but it was not the right product. Paypal suggested that i directly talk to the merchant and if the merchant agrees to initiate a refund then they(paypal) are okay with it. The merchant was kind enough to refund my money and it did show up in the paypal website that merchant has refunded but paypal has not given that money to me and when i disputed the transaction, they blocked the merchant's account(which was not my intention) its been 6 months now and i have not received the money from paypal plus i have lost lot of my currency in just making international calls to paypal customer care. Please help me get my refund back and i also want to file a case against paypal for putting me in the dark. Thanks in Advance

    Regards,
    Tabrez
    +91-9886990086

  5. #5
    stab3216 is offline Junior Member
    Join Date
    Feb 2012
    Posts
    2

    Default Paypal money laundering.

    Hello,

    I have done several transactions through paypal and i thought it was the easiest and safest way to purchase something online. However everything changed after a transaction i did on 26th sept 2011. i had purchased an item on ebay through paypal but it was not the right product. Paypal suggested that i directly talk to the merchant and if the merchant agrees to initiate a refund then they(paypal) are okay with it. The merchant was kind enough to refund my money and it did show up in the paypal website that merchant has refunded but paypal has not given that money to me and when i disputed the transaction, they blocked the merchant's account(which was not my intention) its been 6 months now and i have not received the money from paypal plus i have lost lot of my currency in just making international calls to paypal customer care. Please help me get my refund back and i also want to file a case against paypal for putting me in the dark. Thanks in Advance

    Regards,
    Tabrez
    +91-9886990086
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