bitbol

The first story came last night on digg. Website deadspin created a paypal account for donations to a soldier's memorial fund because they thought it would be the easiest for people to use, but paypal has locked up their funds. It appears that because paypal set their account up as a charitable organization, but they are not, and have no paper work. Paypal has since locked up all funds because they cannot prove that they are a charitable organization. The post is appropriately title to influence anyone who sees the title: "Paypal Doesn't Want Slain Soldiers' Families To Receive Aid."

The second story that I found today involves ebay requiring paypal verification to sell an item. In the comments, some people have noted that it could be because the seller is a high volume seller, but even then it doesn't make any sense of why you would need to verify a paypal account.

Labels: Internet, PayPal