PLEASE PLEASE GUYS AVOID USING PAYPAL AS MUCH AS YOU CAN AND LET THIS COMPANY DESTROY.
I was running a legitimate e-commerce brand on Shopify and things were goin pretty well. We were doing 7 fig a year with this brand and had 5 full time employees, so tot of 7 families were dependant on this company including me and my partner.
Time came last year when we were close to Q4 which is the best time for Ecom we got an Email from PayPal that your account is limited for 180 days and you cannot withdraw anything at all.
We were using paypal to pay for our Facebook ads and supplier mainly so we had around $100k in balance.
All our cash flow was F**** by paypal overnight and we had nothing to pay for our ads and suppliers nothing at all. Basically we were screwed. For a few days we worked to get a quick business loan to restart our marketing and pay our suppliers, which we did because we were confident we can pull this up and after 180 days once we get our funds back we can basically pay back our loan.
We called paypal and emailed a multiple times but nothing happened and they said the only thing we need to do is to wait for 180 days and paypal will release all the payments.
So we simply started business again just because we didn't want to fire employees and also to bring food on the table for our families. We slowly scaled back and the 180th day finally came in after our account was shut. my business partner logged into paypal account and he was shocked to see everything all the funds inside our account was trasfered to paypal on 179th day and there was no email nothing from PayPal, just a transfer in the name of PayPal which fucking said YOU TRANSFER TO PAYPAL like wtf is that? why would we even do that?
We lost our breath for a good few seconds, it was like an end for us our families our employees were all dependent on this business and we were in loan which was another big big stress on our minds and were waiting for paypal to release the funds to pay back loan.
Long story short we hit paypal from every angle we can continues emails, calls, live chats, Twitter fb , BBB etc but no help nothing we lost our business, we lost our business partnership , we lost our employees , we worked jobs to pay back loans 😢 still remaining……but who cares paypal is a multi billion dollar company their stock price is on the rise since, THEY ARE THE REAL ROBBERS AND SCAMMERS OF THIS ERA.
We curse PayPal, PLEASE FFS STOP SCAMMING INNOCENT BUSINESS OWNERS WHO EARN THEIR LIVING USING YOUR BS SERVICES BECAUSR THEY HAVE NO OTHER CHOICE..
If someone can still help us out here and can get back our funds I am happy to share a percentage with them once we are sure we can get our money back.
Thanks for reading
P.S. There is a discord group where people are regularly joining and facing the exact same issue with PayPal.