Paypal is the parent company of eBay Inc. Which takes advantage of customers and consumers alike by making them agree to a lengthy terms of service agreement, which they can alter at any time they wish. Their lust for cash, and high revenues justify their corruption in the society of man.
"I sold an item to some guy, once I had received verified funds, PAYPAL allowed this scammer to reverse the funds. He got the item for free, and Paypal says "your screwed."
by Alwaysbetterthanwill March 04, 2004
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An online scamming system - allowing kiddie scripters and hackers everywhere to make tons of money for nothing!
Oh shit man! That dude made a payment and i sent him his item , now he says someone else hijacked his account - end result - lost the item and lost the 200 pound
paypal are asshats
by marscom June 26, 2005
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A online credit company that bends over backwards to help fraudulent venders steal money from their "customers" Their policies are optimized to screw people out of their money.
Some knob never sent me my item, ebay said be more patient, paypal then said I waited to long to complain, it was past 30 days, your fucked looser we win agian. Oh wait, nice try.. my REAL credit card company will stomp on you like a little tit. Thank god I did not use my bank account like they try and fistfuck you down the throught with... EVERYTIME... no matter what you set as your default. Asswipes. :|
by :| April 07, 2004
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An online credit company that charges rediculous fees whenever a costomer pays me, which fucks up my profit.
It took me a while and alot of calculations to figure out a way to improve profit after I heard about ebay fees, now theres paypal fees, what the fuck, theyre both owned by the same company, why is there a fee for both?!
Lets just put it this way, ive sold 12 items, I went from $0.00 to -$14.00. I now owe paypal/ebay 14 bucks! Thats the opposite of profit.
by Reggaetonist December 19, 2004
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A borderline criminal online payment service owned by eBay that charges exorbitant fees and has numerous traps in their "terms of service" that enables PayPal to freeze your account and seize your funds for whatever possible reason.

PayPal is run by greedy crooks, mobs, thieves and possibly terrorists and has no customer support whatsoever, only a robot that gives automated responses.

Their so-called "protection" is basically: Sure we'll protect you if something happens, we'll just rape you with fees BEFORE something happens. And if something does happen, you will need to file a case, wait six months, pay another fee and we might give you another automated response.

On top of paying eBay fees (listing, final value, reserve, pictures, etc) you are now forced to use PayPal and ONLY PayPal as your sole methode of payment... (and pay another fee that's worst than Western Union).
I sold a few items last week at a profitable margin on eBay but I made $0 because eBay took all the profit in fees. But then I had to pay PayPal fees so I am at a loss. I hope I can salvage my money because PayPal has now put a hold to my account and I will need to pay another fee to have the funds released and another fee to have to withdrawan to my bank account.
by imbored2 February 21, 2010
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1. Lying, thieving pieces of shit that should not be allowed to litter the world wide web with their sorry, scamming asses; 2. Bernie Madoff and Enron's forgotten shell company; 3. A company that makes the government look honest; 4. A criminal organization that allows a scammer to steal $2000 from you after you sell an item and ship it to the scammer Ebay buyer who then after 30 days files a chargeback. Paypal then takes $2000 from your account while they "investigate" the chargeback. They then, after you send all the proof, declare that they agree with you but the f*cking credit card company has the final descision and won't insure your f*cking sale. They then call your home 4-6 times a day trying to steal the money from you. DON"T USE PAYPAL OR EBAY, THEY WILL STEAL FROM YOU!!!!
Tha' thug just held up tha sto' and Paypal'd they asses fo' real! While he Paypal'd 'em, he apologized for the 'inconvenience' and pistol whipped 'em right up the azz.
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Online transaction service owned by eBay.
PayPal is a common payment method in transactions and auction payments.
by James Westerfield January 03, 2004
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