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Paypal just made it very hard to close your account

Posted on 10/10/22 at 10:48 am
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 10/10/22 at 10:48 am
It was possible to close it online before. Now, users have to call and they are put on a very long hold because I assume Paypal hopes people just give up and keep the account open.

What a cluster.

PS: Venmo is owned by Paypal.
Posted by teke184
Zachary, LA
Member since Jan 2007
95754 posts
Posted on 10/10/22 at 10:50 am to
That’s a lawsuit right there.

Making it ornerous to quit any service, ESPECIALLY one which can theoretically fine you $2500 for wrongthink, is just asking for a class action.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48587 posts
Posted on 10/10/22 at 10:50 am to
I'll never understand why a business would want to make a political stand. If I'm running a big company I'm operating like Switzerland. Democrat and Republican money is green.
Posted by ReedRothchild
South MS
Member since Jul 2019
1187 posts
Posted on 10/10/22 at 10:52 am to
Just went through this recently with a credit one credit card. I had to call and cancel it out, took awhile. Such a PITA
Posted by greenbean
USAF Retired
Member since Feb 2019
4608 posts
Posted on 10/10/22 at 10:53 am to
quote:

can theoretically fine you $2500 for wrongthink


Wait, Wut?
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24574 posts
Posted on 10/10/22 at 10:54 am to
Glad I closed mine two years ago after my credit card rep told me that it's one of the biggest ways thieves steal credit card info. She said they are often hacked, but they do a good job of keeping it quiet to the public.


On a side note relating to this, she also told me the other big method are restaurant servers taking photos of your credit cards and selling them to thieves.




quote:

PS: Venmo is owned by Paypal.




I did not know this. Guess I need to cancel venmo as well. frick paypal.
Posted by teke184
Zachary, LA
Member since Jan 2007
95754 posts
Posted on 10/10/22 at 10:55 am to
PayPal just floated a rule which would allow them to fine people $2500.

The idea is that it would be used to punish people making “false claims” which would have a negative impact on PayPal’s business IIRC.
Posted by SouthEndzoneTiger
Louisiana
Member since Mar 2008
10600 posts
Posted on 10/10/22 at 10:56 am to
quote:

I'll never understand why a business would want to make a political stand. If I'm running a big company I'm operating like Switzerland. Democrat and Republican money is green.


This
Posted by Pedro
Geaux Hawks
Member since Jul 2008
33581 posts
Posted on 10/10/22 at 10:56 am to
Last week I started getting alerts that someone was trying to log into my account. Kept up for the better part of 2/3 hours despite me going in and denying/changing passwords so I just unlinked my bank account. Glad I did that after all this nonsense.
Posted by DownSouthCrawfish
Simcoe Strip - He/Him/Helicopter
Member since Oct 2011
36376 posts
Posted on 10/10/22 at 10:56 am to
What happened with PayPal?

eta: nvmd just saw teke’s post.
This post was edited on 10/10/22 at 10:59 am
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35191 posts
Posted on 10/10/22 at 10:57 am to
#notmypaypal
Posted by jevins_slickin
Member since Nov 2018
1131 posts
Posted on 10/10/22 at 10:58 am to
Guess i beat the rush of cancellations. I did it at 8:30 am this morning. Whew
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
20299 posts
Posted on 10/10/22 at 10:58 am to
I never used PayPal - I had serious reservations about letting a service like this access my checking account.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 10/10/22 at 11:01 am to
Can’t you jut cancel whatever credit card is linked to the account? They can frickoff at that point.
Posted by DownSouthCrawfish
Simcoe Strip - He/Him/Helicopter
Member since Oct 2011
36376 posts
Posted on 10/10/22 at 11:02 am to
Ty. I skimmed it online and realized I didn’t care about this.
Posted by bayoumuscle21
St. George
Member since Jan 2012
4638 posts
Posted on 10/10/22 at 11:04 am to
Just cancelled my account online with no issue.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 10/10/22 at 11:10 am to
Cenmo being owned by them shocked me, I can't use Zelle because Chase is dumb as frick after I was hacked years ago
Posted by Hangit
The Green Swamp
Member since Aug 2014
39147 posts
Posted on 10/10/22 at 11:11 am to
quote:

The idea is that it would be used to punish people making “false claims” which would have a negative impact on PayPal’s business IIRC.


t was or people participating in posting "misinformation on social media. Paypal will be the sole arbiter, and decider, of what is misinformation.

It doesn't sound like they will win any of it once it hits court. What are they going to do? Charge CNN $2500, 49 times a day?
Posted by X123F45
Member since Apr 2015
27429 posts
Posted on 10/10/22 at 11:11 am to
No they didn't?

Clicked close account. Received 20ish emails right after.

Account closed.
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