How do I close my PayPal account?

https://www.paypal.com/us/webapps/helpcenter/article/?solutionId=11935&m=SRE

by mtgx • 14 years ago

20 25 14 years ago

paypal.com

tehabe• 14 years ago

To which new policies is this referring to?

ceejayoz• 14 years ago

PayPal has revised their terms forbidding class action suits against them: http://news.ycombinator.com/item?id=4609280

trebor• 14 years ago

If you use the Search form in the footer, the top result is: https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&c...

Basically, no class action lawsuits, etc. They've rewritten the entire Arbitration section.

Daegalus• 14 years ago

Well, then we should close all our accounts on Microsoft, Apple, Steam, Google, Facebook, Twitter, etc. Because they all have recently added similar Anti-Class Action Suit clauses.

sixcorners• 14 years ago

I can't find it in the twitter and google agreements, I haven't checked them all.. Where are these additions?

mkhalil• 14 years ago

Explaining the situation would be a good idea before showing us the way to close our account.

randall• 14 years ago

+1. What's going on?

gm• 14 years ago

Methinks this is personal army type of stuff, not much to see here.

Karunamon2• 14 years ago

Is arbitration as evil as it's popularly made out to be? I will say, the thought of being able to settle a dispute via a neutral third party without invoking the morass that is the legal system sounds enticing, and i'm the consumer.

Are there any stats on how often they find for the corporation vs the consumer? Nothing jumped out at me when I did a search.

Another question I just thought of, how freely can courts ignore the contract of adhesion in which you "agreed" not to bring a class action?

adrr• 14 years ago

Consumer is going to lose almost 100% of the time when it goes to Arbitration.

http://en.wikipedia.org/wiki/National_Arbitration_Forum

Karunamon2• 14 years ago

That's a single, corrupt organization which hasn't handled a consumer case since July 2009. Over 3 years ago.

genwin4• 14 years ago

> Are there any stats on how often they find for the corporation vs the consumer?

The corporations choose the arbitration firms. The arbitration firms should know full well who's feeding them. So stats aren't really necessary.

> ... how freely can courts ignore the contract of adhesion in which you "agreed" not to bring a class action?

My understanding is, zero freedom for that.

spindritf• 14 years ago

> The arbitration firms should know full well who's feeding them. So stats aren't really necessary.

Yes, the incentives are perverse but empirical evidence is always necessary.

mcherm• 14 years ago

Being able to settle a dispute via a neutral third party is enticing. And I'm a big fan of arbitration.

But you're not thinking of arbitration, you're thinking of binding arbitration. That's where a 3rd party is picked (in these cases, picked by the corporation) and then both sides must do whatever that person says, regardless of whether they find it fair.

JoeAltmaier2• 14 years ago

The agreement is just another contract. Contracts can't make you do anything; they just list penalties if you don't adhere to the agreement.What penalties if you go ahead and file a Class Action suit?

genwin4• 14 years ago

The judge will throw out the class action when shown that the plaintiff agreed to arbitration only. Hence lawyers won't start the class action to begin with.

JoeAltmaier2• 14 years ago

That's an odd response - I'm unfamiliar when a civil contract binds a legal issue like that. Contracts are about money.

city41• 14 years ago

I'd gladly close my Paypal account, and have felt that way for years, if there was a decent alternative. There simply isn't. I need Paypal, and use it almost every day. So I am at their whims, and they know it.

apawloski• 14 years ago

From what I understand, Stripe is pretty highly regarded as a payment alternative (at least if you're lucky enough to live in a supported country).

coryl• 14 years ago

He could need it to pay out people, to receive payments from ad networks/partners, etc. I know I definitely need it to pay contractors who live in Asia or Europe and only have Paypal (or otherwise is easier than doing a bank wire).

zooteo• 14 years ago

I wish everyone would start using Dwolla so I could give up on Paypal forever. I think the thing that keeps Paypal on top is since eBay owns them, they basically force you to use Paypal if you want to do any transactions on their site.

How do I close my PayPal account?

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