Paypal is evil - Hackdot

Re:Paypal is evil by Subgun on Sunday January 10, 2010 @08:18PM (#1044059)

The evil part of paypal is that they don't learn from their mistakes very quickly and they seem to not realize they are affecting peoples MONEY. Kinda silly but true. It's business as usual over there regardless of $1 or $100,000 they just tied up of your cash.

I went through the same scenario in 2003 with paypal with tens of thousands of dollars locked up pending a review... Thankfully we had a back up plan (credit card processing)

The plus side of paypal... when you and if you can process some serious loot through them you get treated like a rock star and you get access people and help you wouldn't otherwise get.

[ Parent | on HN ]

Re:Paypal is evil by boundlessdreamz on Sunday January 10, 2010 @10:43PM (#1044267)

tens of thousands of dollars is not serious loot?

[ Parent | on HN ]

Re:Paypal is evil by Subgun on Monday January 11, 2010 @01:10AM (#1044480)

It wasn't to them at the time... not until we had processed about 80-100k did things settle down.

I think they have a hard time with their risk management protocol. Keep customers happy and loose a lot of money or piss off customers and loose less money from scammers...

[ Parent | on HN ]