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November 14, 2007

Scary Paypal Lockdowns

Just a few months after Paypal made huge waves in the Philippines, there’s already a horror story in our midst. Paypal lockdowns — yup, unexplained Paypal account cancellation without refund.

One of the well-known Pinoy bloggers around emailed me about the recent demise of his Paypal account. For no apparent reason, all his funds have been frozen — the $750+ amount was reduced to zero (nil, ziltch, nada)! With no explanation whatsover. (Can’t name the blogger as of the moment. He’s still filing an appeal.)

The only possible reason for this lockdown would have been an unverified account. That could be the reason. A fairly active account from a country where Paypal has only been recently delisted from the blacklist, it is possible that it was frozen due to such activity. More so that it hasn’t been verified by the account holder.

Frozen Paypal Account

Is there a way out of there? An appeal may be in order. It would be unfair if they would not reconsider it. The account should also be verified soon, either with a debit card from Union Bank’s EON or a credit card.

Just a fair warning to most of us who are overly ecstatic with Paypal in the Philippines. It does not come without its disadvantages.

For more horror stories about Paypal, visit AboutPaypal.org.


Written by

Abe is the founder and publisher of YugaTech.

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27 Responses to “Scary Paypal Lockdowns”

  1. hamstringer says:

    helo how can i get epassporte here in philippines? i’m from pateros..

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