“There’s a massive culture change happening at PayPal right now,” Marcus said. “If we suck at something, we now face it, and we do something about it.”
PayPal President David Marcus
It seems Paypal has had their mammalian protuberances stuck in the proverbial wringer once more.
Apparently Paypal tried it’s usual stunts again, this time sparking a blazing Good Riddance blog from small business owner Elliot Jay Stocks. The post also appeared on Hacker News. The negative comments flowed freely at both.
After some rigamarole the issue was resolved favorably for the client who’s money was seized, but only, and only because he had inside employee contact, outside the normal channels, and there was noise in the twitterverse which they could not otherwise silence.
At the end of it all Mr. Elliot Jay Stocks decided to close his account anyway.
Well played Sir. ;p
The blog post reads like so many other complaints or rants you’ve already seen if you follow Paypal blunders at all or have been involved with ebay. This type of thing (and worse) happens each and every day to folks without big blogs and bazillions of followers.
So is Paypal having some sort of change of heart? No. We know they’re not. We know that because we know them.
Let’s review what we know about our “Pals”.
Paypal are consummate liars! There is no lie too big or too outrageous for them.
They are sleazoids! They will support the worst of any cause, no matter what the social impacts, no matter what the risk to the health of our Nation, no matter how contradictory to their very own stated policies, so long as it’s money in their pockets.
They’ve been freezing accounts via admittedly faulty software. The account freezes/money holds are contrary to States’ Money License Transfer terms in every last state where checked. (Paypal is not a bank, they only try to act like one, they are a money transfer service,.)
Let’s not forget they are not secure.
There is an epidemic of fake accounts.
They have a further history of kneejerk, nonsensical or even childish reactions to bad news/PR reports. This is just another one.
Don’t be fooled. They have billion$ of reasons to lie. There is no massive culture change at Paypal. There is only the readily apparent devolution of the same ol’ Preypal. Sleazier by the day!
Word to PayPal: Don’t forget about the “then” as well as the “now” if you expect to make folks believe you truly intend to clean up your act. Millions of your past or former victims are not going to quit criticizing you or convincing others to not use you.
Frankly, I don’t think that anyone believes Paypal or it’s president’s PR blabber. Then there are those who just plain know better.
There’s a fact they need to face. ;p
What do you know about Paypal? Comments are open.