We have been using PayPal for over 14 years. Today, we give up! We will not discuss here the methods PayPal uses to mislead customers. But, please read the following points. They are essential for any merchant and buyer as well.
1. PayPal is expensive for merchants: transaction fees, international fees, currency conversion, withdrawal, and transfer fees.
2. Many differences exist between the fees quoted on their site and the fees they take on each transaction. PayPal misleads its customers concerning the calculation of the charges.
3. Paypal freezes funds without warning but continues to accept payments from our customers. You pay for an item, but PayPal holds your funds: neither the seller nor Proxy Rabbit Japan receives money for the service.
4. PayPal does not provide any protection against fraud and scams. They use standard couriers and do not resolve disputes.
5. PayPal modifies its terms and conditions after receiving cases and disputes. The goal of PayPal is to protect the company and collect fees against the interests of buyers and sellers.
6. To attract customers, PayPal floods the Internet with marketing messages: PayPal encourages buyers to dispute transactions. They prey on fears about frauds and shipping issues. Paypal charges unjustified additional fees for every dispute (chargeback).
7. The documents required by PayPal to verify the identity of sellers are considered a breach of privacy. Of course, it is silly to compare PayPal to banks. PayPal is not a bank, nor does it want to be. But, please note that no reputable bank requires its customers to submit multiple personal and financial documents before authorizing them to use its services. No bank bans its client in the event of reluctance or questions about their personal information.
Personal ethics codes serve as a guide for determining what is right and wrong in your daily life. Business ethics are similar but have broader implications. Since the Proxy Rabbit Japan foundation in 2008, we have always favored trusting relationships with our customers. Our ethics are based on values, principles, and personal moral qualities: honesty, fairness, integrity, compassion, kindness, respect, social responsibility, personal accountability, loyalty, law-abiding, trustworthiness, and transparency.
In your opinion, does PayPal meet these ethical standards? How would you describe a person who does not adopt these behaviors toward you?
After careful consideration, we made our decision. Freedom is worth a lot, don’t you think?