Paypal and holds on payment

[Joe Bob]

Anyone having payment holds due funds being sent and labeled as echeck? Puts a real damper on business.

[Skytrooper]

Yes, I am currently in that situation. echeck sent last week, still has not cleared paypal.

[john70t]

Millions of extra dollars per day on hold becomes a nice slush fund.

Look up the complaints.
It is not a new thing.

[aigel]

PayPal is a criminal organization. Avoid.

[javadog]

I don’t accept echecks.

F PayPal...

[sc_rufctr]

I use Bitcoin were I can now... You'd be surprised who takes Bitcoin and it's a a lot easier than you think.

[Eric Coffey]

Originally Posted by aigel

PayPal is a criminal organization. Avoid.

This.

Originally Posted by javadog

I don’t accept echecks.

F PayPal...

And this.

[KFC911]

Are "echecks" specific to Paypal, and what's the scoop? I haven't used PP in over a decade, but they did refund a $500 payment I made for a "bad Carver amp" to a BS'er back then.

[sammyg2]

Originally Posted by aigel

PayPal is a criminal organization. Avoid.

Of course it is. Has been for decades.

In 2000, Confinity merged with X.com, an online banking company founded by Elon Musk.[23] Musk was optimistic about the future success of the money transfer business Confinity was developing.[24] Musk and then-president and CEO of X.com, Bill Harris, disagreed on this point and Harris left the company in May 2000.[24] In October of that year, Musk made the decision that X.com would terminate its other Internet banking operations and focus on the PayPal money service.[25] In the same month, Elon Musk was replaced by Peter Thiel as CEO of X.com. The X.com company was then renamed PayPal in 2001,[26] and expanded rapidly throughout the year until company executives decided to take PayPal public in 2002.[20][27] Paypal's IPO listed under the ticker PYPL at $13 per share and ended up generating over $61 million.[28]

[Joe Bob]

Looks like accepting echecks can be turned off in settings.

[cstreit]

Originally Posted by sc_rufctr

I use Bitcoin were I can now... You'd be surprised who takes Bitcoin and it's a a lot easier than you think.

Really? Are you accepting it for business payments or paying with it?

[craigster59]

Originally Posted by sc_rufctr

I use Bitcoin were I can now... You'd be surprised who takes Bitcoin and it's a a lot easier than you think.

Yeah. There was this guy who contacted me and he had split screen video of me "punchin' the munchkin" to porn websites.

They were going to send it to everyone in my contacts list, but $1500 in Bitcoin to their account and I was off the hook!