Money transfer, virtual currency, or money service -- Confusing or missing disclosures -- Complaint #5920850

Complaint Overview

Complaint ID: 5920850

Company: Paypal Holdings, INC

Product: Money transfer, virtual currency, or money service

Sub-Product: Mobile or digital wallet

Issue: Confusing or missing disclosures

State: Minnesota

ZIP Code: 560XX

Date Received: 2022-08-26T12:00:00-05:00

Date Sent to Company: 2022-08-26T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American

Consumer Narrative

My sister sent me {$1000.00} via Venmo. I set an account with Venmo. I got the {$1000.00} but Now I can't get the {$1000.00} from Venmo. They will not answer their XXXX phone for nothing. I called Paypal because they own Venmo XXXX Paypal does not have a phone number to call them! I tried to send via email to them with the problem and they email me back saying they might take 2-3 XXXX days to solve the XXXX issue. And of course via email only. I think companies the do this should be made to have a customer service hot line, staffed with a god XXXX live person. I would like to start a class action to sue them. They can use my money for days with no accountability at all. thank you XXXX XXXX

Frequently Asked Questions

What is Complaint #5920850 about?

Complaint #5920850 was filed against Paypal Holdings, INC regarding Money transfer, virtual currency, or money service specifically about Confusing or missing disclosures. It was received by the CFPB on 2022-08-26T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.

Can I see other complaints against Paypal Holdings, INC?

Yes, visit the Paypal Holdings, INC company profile at readthecomplaint.com/company/paypal-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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