GLP-1 Forum

Paypal issues

asphodel

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Sep 13, 2023
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Just thought I would tell folks that Paypal seems to be having issues, either intentional or due to tech problems. It's imposing limits on transfers out which don't show on the platform (and when you contact support, they won't acknowledge/can't see or whatever/etc). I had worked out a system buying PYUSD using a bank transfer due to rather burdensome limitations imposed by my state regulators, but it did work, and transferring it out to a wallet. It worked fine multiple times, but now Paypal has been telling me for weeks that it couldn't be transferred "yet". Finally talked to a person, completely unhelpful. My account is not showing any limitation, they said it's just their internal security. They told me that it's because I had a VPN (no, not using VPN), then that it was "unusual" (okay but I did it several times this year) and then told me to sell the crypto and put it back in my bank account if I wanted the $$. Basically that they can't give me any information and don't know when I can get the funds out. I think, after much looking around on forums for paypal issues, that it's perhaps a bug or a new limit being imposed on personal accounts. Because I finally figured out through trial and error that I could send up to $500 per day to the wallet but no more. Very annoying and I think I am going to stop using Paypal and figure out how to buy it some other way.
 

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