10 replies
Just an interesting article. Paypal seems to be feeling the pressure from all the newer competitors.

EBay's PayPal cuts 445 jobs in restructuring - Oct. 29, 2012

PayPal appears to be feeling the pressure from rivals in the newly hot payment space, as the company is being forced to cut 445 jobs in a major product restructuring.
Since there are topics about pp problems, they might be related to this cutback in jobs and contractors.
#back #cutting #paypal
  • Profile picture of the author Dong Lee
    I'm starting to hate PayPal, because i already got 3 accounts limited, this time i will create verified account, and i hope everything will be ok.
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    • Profile picture of the author WillR
      Originally Posted by Dong Lee View Post

      I'm starting to hate PayPal, because i already got 3 accounts limited, this time i will create verified account, and i hope everything will be ok.
      If you have had 3 accounts limited then I would be inclined to step back and take a look at your own business. I have never heard of someone having that many accounts closed down. If you don't change anything then you can expect to have your next account shutdown as well -- verifying your account won't necessarily stop any problems.

      3 limited accounts leads me to believe the problem might be on your end.

      Definition of insanity: doing the same thing over and over and expecting a different outcome.
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      • Profile picture of the author Dong Lee
        Originally Posted by WillR View Post

        If you have had 3 accounts limited then I would be inclined to step back and take a look at your own business. I have never heard of someone having that many accounts closed down. If you don't change anything then you can expect to have your next account shutdown as well -- verifying your account won't necessarily stop any problems.

        3 limited accounts leads me to believe the problem might be on your end.

        Definition of insanity: doing the same thing over and over and expecting a different outcome.
        2 accounts was created by other IP. This friday i will receive my verified PayPal account, i hope everything will be fine from then.
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    • Profile picture of the author Tweetter Follow
      Originally Posted by Dong Lee View Post

      I'm starting to hate PayPal, because i already got 3 accounts limited, this time i will create verified account, and i hope everything will be ok.
      lol this shouldn't even be commented on. You're obviously doing something wrong if 3 of your accounts got limited.
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      • Profile picture of the author Dong Lee
        Originally Posted by Tweetter Follow View Post

        lol this shouldn't even be commented on. You're obviously doing something wrong if 3 of your accounts got limited.
        I think i received too much money to my account and send too much money, that's why i got limited i think
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      • Profile picture of the author celente
        Originally Posted by Tweetter Follow View Post

        lol this shouldn't even be commented on. You're obviously doing something wrong if 3 of your accounts got limited.
        sounds to me like they are not doing the right thing or selling something that paypal does not approve of. *shruggs shoulders*
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  • Profile picture of the author CalinDan
    As long as they don't start charging more or switch to some weird policy that will affect my business, their competition is their problem; as well as my competition is my 'problem'...

    And for everyone that complains about them (frozen funds, canceled and suspended accounts), I don't know what to say; I have never experienced any kind of problems with them. My account was verified right from the start, and I have nothing to complain about. As long as you follow the guidelines and TOS, I don't think you'll ever be bothered by them with any issues.

    Regards,
    Dan
    Signature
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  • Profile picture of the author kindsvater
    PayPal is getting a well deserved butt kicking in the exploding market of mobile payments. Simply: use Square and avoid PayPal.

    Probably looking at more layoffs after the holiday season. If a company is letting people go at this time of year it is not a good sign.

    .
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  • Profile picture of the author TDogger
    You actually are allowed 2 accounts with PayPal. One personal account and one business account. I've had both for 10 years and never had an issue with either.

    If fact, they have identified potential fraudulent transactions with the business account, which flagged the orders so that I could cancel them.
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  • Profile picture of the author WeavingThoughts
    And how much is too much?
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