Occurred: 2016-03-23; Posted: 2017-05-14
Paypal Never Accepts Financial Responsibility for Errors due to System Glitches
Recently I made a payment to one of my clients but I happened to type the details wrong concerning the Paypal account for the specific client. Hence, the transaction was marked Cancelled on my PayPal Account. I realized this and repeated the transaction to the correct Paypal account of my client.
To my surprise, both transactions went through, the canceled payment as well as the actual payment the same day!
This resulted in a double payment to my account hence causing an overdraft to my credit card.
I contacted PayPal and they assured me that the canceled amount would be later credited to my account but it would take a couple of days.
Unlike most modern online payment systems, PayPal does not have edits on their system to flag an error for inaccurate transactions. In addition, they refuse to accept any financial responsibility.
GRIEVANCES
Hacked Systems Illegal Acts Financial Losses
RESPONSE
FROM Paypal
MORE INFO ABOUT THE SOURCE
https://www.paypal.com webform@intl.paypal.com
MESSAGE
FROM Anonymous
Use Paypal at your own risk, they always run away from their financial responsibilities
|