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PayPal Issues

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8:17 am
December 6, 2011


Eric – PersonalProfitability.com

Portland, OR

Member

posts 2120

I know that Sam had issues in the past using PayPal for "donations." Here is a heartbreaking story about PayPal screwing over a great program:

http://www.regretsy.com/2011/1…..-1-kids-0/

Just a word of caution to beware when dealing with PayPal. I know we all use it, so make sure you don't get your money locked up.

8:49 am
December 6, 2011


MoneyBeagle

Member

posts 1466

Wow, from the number of comments that is in the link as well as their Facebook wall, it looks like this has gone viral quick.  WSJ and other media have picked up the links as well.  I bet somebody at PayPal just lost their scheduled conference room as this has to be getting discussed.

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9:42 am
December 6, 2011


Derek@LifeAndMyFinances

Member

posts 1298

Yikes! Guess I'd better be careful which button I push in Paypal!

Derek @ Life And My Finances 

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12:05 pm
December 6, 2011


20s Finances

Admin

posts 1147

Wow, thanks for the heads up. That's so unfortunate.

Corey

 

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1:44 pm
December 6, 2011


Aaron Hung

Member

posts 254

I say post that ALL OVER facebook, Twitter, everywhere!

5:01 pm
December 6, 2011


Mike – Saving Money Today

Member

posts 520

Wow, that sucks.  Sounds like Paypal needs to get there policies straightened out.  They should make a site show proof of their non-profit site before even allowing them to use the donate button. 

6:29 am
December 7, 2011


Khaleef @ KNS Financial

Fat Guy, Skinny Wallet

Member

posts 3149

I hate that they are not clear on their own policies. Apparently, they have fixed the situation with this site: https://www.thepaypalblog.com/2011/12/regretsy-issue-resolution/

 

Khaleef "Fat Guy" Crumbley

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10:03 am
December 7, 2011


Jeff @ Sustainable Life Blog

Member

posts 964

This was a pretty bad story – I was surprised how bad it got for them in a matter of HOURS.  

Jeff 

Sustainable Life Blog 

http://www.sustainablelifeblog.com

twitter.com/sustainlifeblog

8:14 am
December 8, 2011


Eric – PersonalProfitability.com

Portland, OR

Member

posts 2120

Thanks for sharing that Khaleef. I am glad it was solved. However, I bet it would not have been had the story not been shared so publicly on Facebook, Twitter, and other forums like these. That is the power of social media.

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