After The Regretsy and Diaspora Account Freezes, We’ve Lost Confidence In PayPal

Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by ed209 on Wednesday December 07, 2011 @04:56AM (#3323193)

I had a similar experience when I accessed my personal PayPal account from another country.

In this case I was both the buyer (from my personal account) and the seller (my business paypal account - I was using my own app to register a domain).

So despite the fact that I had access to both accounts PayPal interfered and did not let either side mark the transaction as legit! Various emails to paypal later I gave up. I did everything they asked, re-verified etc

It was basically impossible to sort out either through the paypal interface, through their customer support, or by phone. At least I know what my customers go through... bye paypal.

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Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by dazzawazza on Wednesday December 07, 2011 @08:58AM (#3323748)

Without wanting to justify Paypal's actions wouldn't it be easy to launder money through Paypal if they let you so easily mark a 'suspicious' transaction as legit?

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Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by marshray on Wednesday December 07, 2011 @10:21AM (#3324101)

One of the properties of money is that it's useful as a medium of exchange.

If this property is sacrificed in the interest of making it difficult to 'launder', then its utility is questionable.

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Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by dazzawazza on Wednesday December 07, 2011 @10:40AM (#3324197)

True and I'm not trying to undermine the point that Paypal is a complete PITA but..

One of the properties of money is that it's value can be trusted. If money can be easily laundered then it can't be trusted and it's utility is questionable.

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Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by DennisP on Wednesday December 07, 2011 @11:16AM (#3324386)

Counterfeiting changes the value of money. Laundering doesn't. It just hides the flow of money from authorities.

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Re:After The Regretsy and Diaspora Account Freezes, We’ve Lo... by ed209 on Wednesday December 07, 2011 @12:07PM (#3324638)

I understand your point, what I'm saying is that even after following all of PayPal's instructions, re-verifications and talking to customer services - as well as telling them (as the buyer) that the transaction is legit, I wasn't able to sort it out.

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