Paypal ATM Service Not International

Discussion in 'Safety valve' started by Vue, May 14, 2009.

  1. Vue

    Vue Member

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    Just a few thoughts about Paypal and their ATM card offer

    If you're in the US you can get a paypal atm card
    Which enables you to goto any atm machine world wide
    And withdraw funds from your paypal account

    In a way, paypal is like an online bank account
    They might say they're not a banking service
    But the funds you put in your paypal account
    Have to be managed by paypal and their bank

    So, basically they are holding onto your cash
    untill such time that you ddecide to withdraw it

    Now i have a paypal accont for years but i don't live in the us
    Yet i can't avail of their atm card services

    That's a bitch aint it
    So they are refusing me the right to take my money out of my paypal acount when i feel fit
     
    Vue, May 14, 2009
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  2. ddp

    ddp Moderator Staff Member

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    moved to correct forum.
     
    ddp, May 14, 2009
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  3. smokyrain

    smokyrain Senior member

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    Well you can withdraw it too your bank account when you go to paypal.

    So really they are not refusing you your money.

    I used to do that all the time when I was selling stuff.
     
    smokyrain, May 19, 2009
    #3
  4. Vue

    Vue Member

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    I know i've done that many times myself, but it can take 5 to 7 days
    That doesn't give you much choise to take your money when you need it.

    So paypal are refusing me the right to take my money out using atm card which is instant transaction of my paypal funds.

    It's not fair and it's not right,
    Shouldn't the customers have the first say when it comes to what they can and can't do with their own money?

    Please look at the logic of this situation, that's the only way i can look at it and it's very anoying when you consider the options available to the us.

    If anybody feels as strongly as i do about this please reply to this topic.

    They have the technology they just won't set it up.
     
    Vue, May 19, 2009
    #4
  5. varnull

    varnull Guest

    paypal aren't a bank.. they are an online transaction handler like nochex and a few others. theres the difference. Obviously as they are not a bank they don't have the facilities to allow other banks to check your account credit (you can't go into the red with paypal.. they just won't pay out.. unlike most banks)

    simple answer really.. you use their service to process online payments.. and you pay them.. they aren't a bank! You want to use atm's.. get a real bank account.. oh look.. you can't use your bank card in every atm without being charged by some.. and as for overseas.. hahahahahahahahaha 50% or more charge.

    I wouldn't trust them as far as I could kick them honestly.. they suck and are expensive to boot.. I just use my small account with minimal funds and no overdraft facility for online purchases.
     
    varnull, May 20, 2009
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