Money transfer, virtual currency, or money service -- Other transaction problem -- Complaint #8417737

Complaint Overview

Complaint ID: 8417737

Company: Paypal Holdings, INC

Product: Money transfer, virtual currency, or money service

Sub-Product: Virtual currency

Issue: Other transaction problem

State: New Hampshire

ZIP Code: 038XX

Date Received: 2024-02-25T12:00:00-05:00

Date Sent to Company: 2024-02-25T12:00:00-05:00

Company Response: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

It seems that my Venmo account was hacked approx. 2 weeks ago. I have contacted Venmo on numerous occasions over that time period. The time I actually talked to someone, they said there was " Suspicious Activity '' with reguards to my account, they gave no other details, and that it will be reviewed by their fraud team and that I would hear back from them via email with in 24 hours, that was 5 days ago. My recent contact was with them today and now they say that the fraud team will contact me within 10 to 13 business days! I need this account to run my business! It's not my fault it was hacked, it was Venmo 's, yet I'm being treated like the hacker!

Frequently Asked Questions

What is Complaint #8417737 about?

Complaint #8417737 was filed against Paypal Holdings, INC regarding Money transfer, virtual currency, or money service specifically about Other transaction problem. It was received by the CFPB on 2024-02-25T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with non-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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