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PayPal is holding payments that we made to our employees for 7-10 days. I'm feeling really bad.

Comments
  • 6
    PayPal are assholes. Theire existence is parasitic and theire only are what they are now because they were first and Amazone used them as theire sole payment processor, not because theire fees and services were better than anyone elses.
  • 6
    @p100sch every single company in the entire payments industry is fucked up one way or another
  • 7
    @p100sch that’s completely wrong. PayPal resulted in a merge of x.com (Elon musk) and Coinfinity (Peter Thiel). eBay wanted to have a similar service back in 1999 and thus bought Billpoint which then was renamed to eBay Payments. In 2002, PayPal was then bought for 1.5 billion dollars and they deprecated eBay Payments and used PayPal instead. In 2014 eBay announced that PayPal will be a separate company from now on and in 2018, eBay announced, that they will no longer use PayPal as their primary payment service but instead use Adyen.

    Amazon never primarily used PayPal as payment service.
  • 4
    Yet here when i make payment to my friends or family in Monero they get it almost instantly and the fee for the transaction is most of the time less then hwat i would get in PayPal.

    Only place where i use PayPal is eBay.
  • 7
    If you don't mind me asking, why are you relying on PayPal for that? Doesn't regular banking cut it?
  • 5
    What country is this out of interest? In the UK paying employees via PayPal is unheard of, and it's the employers responsibility to ensure that employees are paid on time. In this case it'd be the employer I felt sorry for as they got sued into oblivion...
  • 1
    I have to agree with @AlmondSauce , I live in the UK, and not only would I not accept an employer that paid me via PayPal, if I found out they had and didn't tell me if be suing them up and down the country for this.
  • 1
    @Haxk20 that’s two completely different things. Monero is a mobile first bank like Revolut (UK), bunq (NL) or N26 (DE) whereas PayPal is a payment provider. On the other hand, I’d never do wage payment via PayPal either. PayPal was made for small to medium transactions not for wages which are usually in the thousands of dollars area
  • 5
    What fresh nonsense is this? What employer pays its employees with PayPal? In what country is this not a large crime?
  • 0
    @bahua @stonestorm
    Why would it be a crime?
  • 2
    @p100sch say theire one more time motherfucker
  • 2
    @Root In this country, banks fall under certain rulings and obligations, it also easily allows for the HMRC to incorporate taxes, student loan repayments and pensions

    The most important part here is the obligations; Banks can't just withhold funds because they feel like it, if they tried then that kicks off the whole hornets nest of laws and people get sued and fined because livelihoods, business are at stake (and to a larger degree, the economy).

    PayPal is, very very proudly, not a bank; This allows them to freeze accounts, steal money in various methods like creating extra charges out of nothing, etc.

    You're whole life or company could go down because PayPal saw something "suspicious" with no information as to what said "suspicious" thing might be.
  • 0
    @stonestorm something like permanent payment of huge amounts of money?
  • 0
    @dsteiner Yes, also known payday.
  • 0
    @stonestorm yeah, but that’s not what PayPal is meant for
  • 0
    @kamen they are freelancers from various countries. The only common payment service in almost all cases is PayPal.
  • 0
    @LOLjustCoding ever thought about bank transfers
  • 0
    @dsteiner heard about corona?
  • 0
    @LOLjustCoding that doesn’t affect bank transfers 🤨
  • 0
    @dsteiner I'll have to do a direct deposit for that. For which, I'll need to go to the bank.. That's the only way to do int transfers here.
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