rvZA
Honorary Master
- Joined
- Jan 3, 2021
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So, a huge increase in complaints against Paypal of late seems to indicate that the company is blocking funds of clients / business for 30, 60, 90 day periods, then blaming system algorithms and changes in payment behavior and claims that they can not do anything about it. In addition, the company apparently allows Sole Proprietorships to sign up, but when funds are deposited, it is blocked and the company required Company Registration documents, which leads to accounts being closed and funds to be paid out after 1 year.
It seems like Paypal may be facing liquidity issues and is not able to pay out funds to all clients.
It seems like Paypal may be facing liquidity issues and is not able to pay out funds to all clients.