So, I was at dinner last night, when it came time to pay I reached for my Paypal card... It was declined even though my account had a few grand in it.
I go online, my account is limited, but it gives no reason. I call customer support this morning, they say they can't tell me why it's limited but I'll get an email shortly.
The email says "We're parting ways" and gives no reason. I call customer support back, who tell me to refer to the email.
Bottom line, my account is dead after 5 years and thousands of successful transactions. There where no disputes, no suspicious activity on the account. I've done nothing wrong.
First, let this serve as a warning to everyone who relies on Paypal... It can disappear instantly for NO reason whatsoever.
My account has had thousands of dollars going through it every month for years. I've never had one single unresolved dispute or unhappy buyer. I did absolutely nothing wrong.
I have heard the horror stories and always assumed that the people who did "nothing wrong" did something wrong... Well, I was wrong.
As much as I'd like to get mad about this... They're holding a big chunk of my money, I'm looking at it as a wake up call.
Any company who can legally take every dime in your account without warning for no reason isn't worth doing business with anyway.
%#$@ them, back to work...
I'm a copywriter, any suggestions on a good way to take payments online?
Don't keep all of your eggs in one basket... Especially when that basket has a reputation of closing accounts for no reason... It does happen.