Hacker News new | ask | show | jobs
by goldenkey 2994 days ago
PayPal has changed a lot. Back when my parents sold thousands of items on eBay, PayPal would screw them over many many times, and not just with disputes - PayPal often locked funds for months without cause.

It is fairly easy to find out what PayPal used to be like when Musk ran it - just ask some older eBay sellers.

2 comments

PayPal really hasn't changed that much. They still pull the same bullshit and if they went out of business tomorrow the world of ecommerce would be a better place
>PayPal often locked funds for months without cause.

Not unique to PayPal. Deposit a check of an amount that's unusual for your "profile" at Chase and it'll sit on the money for three weeks.

That's just a check clearing. Paypal would lock entire account funds, payment clearance was not an issue.
No, it's beyond check clearing. The check clears in two days, but Chase still sits on it for a while as a matter of policy.