I have the opposite experience with PayPal as a seller. Never had any issues with blockage. I did have some issues with customers trying to scam and sellers have a dedicated email support with a real person at PayPal that actually helps. Same with eBay. You must get to the right person that actually cares. I run a small company 20-30 people and the amount of times that I have to correct my employee responses to customers emails is insane no matter how much I train. It is a principal agent problem. No one cares about your business more than you do and with PayPal serving MILLIONS of people it reinforces support to care less rather going above and beyond to help. Oh and with scammers I learned by selling online that everyone is a scammer until proven innocent. People that you would’ve never think of being a scammer turn out to be scammers.
Everyone has no problems with PayPal, everything is running smoothly just until they get banned and can’t access their funds and they get to deal with the support bots.
Obviously PayPal works for lots of businesses. Will just say though that any support/ account manager contacts you have in PayPal become useless when a walled off trust and safety team permanently suspend your account.
Not my experience at all. PayPal locked my account for 6 months because of a single false customer complaint. I offered to simply reimburse the customer but nothing I said made any difference. RUN AWAY FROM PAYPAL.
Except the horror stories are appearing with Stripe now. Really, the only safe way to transfer money is with traditional banks. But they have higher transaction fees and are slow, so maybe an occasional loss to Paypal is actually better than accumulated wire transfer fees in the long term.
Paypal vs wire fees is often the choice, unfortunately. I earn residuals from a company that only allows those two options. But when the money lands in Paypal, I immediately transfer it out, and I've considered going with wires just out of pure paranoia. Amazing that Paypal chugs along even with its hideous reputation.
Businesses don't use Stripe or PayPal to transfer money, they use them to accept card payments. Bank transfers are much cheaper, but customers want to pay with their cards.
I'll repeat the advice I gave there: run away from PayPal as soon as possible. It's not worth the risk.