Comment · Sat, November 21, 2020 · ND Owner
Will there ever be a PayPal option to pay?
What they were answering
sgringer111 · 2 points
Ok. So... no PayPal?
Just kidding. That sucks. In 2004 they sided with a customer who received services and product but was broke so she disputed. We had quantifiable proof and had to dispute 2x over the course of 6 months. First year of business so was a decent amount for us.
Was just curious. Will keep on keeping on.
Thanks for the peek into your humble beginnings and new business struggles. The financial industry isn’t the SMB owners’ friend most times.
u/MisterYouAreSoDumb · ND Owner
The dispute thing is one thing. Them randomly deciding to freeze all your money, then make you sue them to get it back, is the real issue. I've personally spoken to multiple business owners that had to file bankruptcy because Paypal froze their funds. Paypal is not a bank, and they make their own rules. Your Paypal balance is not a bank account balance, and they are not bound by the same laws as banks are. More people should realize that. It's probably not an issue at the small scale, but a massive one at larger scale.