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Stop Paypal From Operating In The UK If They Continue Seizing Users Funds

Submitted on Friday 17th August 2018

Rejected on Wednesday 29th August 2018

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Stop Paypal From Operating In The UK If They Continue Seizing Users Funds

Petition Details

Paypal routinely randomly freeze users accounts, sequester funds for extended periods of time and have awful uncooperative customer service and rude management teams. As a company which millions of people in the UK rely upon, the government should force them to reform or cease operating in the UK.

Additional Information

Watchdog have investigated this issue http://www.bbc.co.uk/programmes/articles/B0Ss1cbvMdmsHpn1LkgJZz/paypal

https://mywifequitherjob.com/why-paypal-freezes-or-limits-accounts-and-how-to-prevent-this-from-happening-to-you/

https://uk.trustpilot.com/review/www.paypal.co.uk

My own experience with paypal resulted in a 150 day wait to close my account and withdraw funds. Effectively disrupting the cash flow of my business.

A quick search shows that this isn't an isolated incident. It is common.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We are not sure what action you want the UK Government or Parliament to take.

The UK Government and Parliament can't impose regulations on a single named company.

You could start a new petition calling for a change to financial services regulations, calling for the changes you want to see to apply to all companies that process payments for consumers and small businesses.

Have your say on this petition!

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