PayPal’s overzealous fraud filters have frustrated customers for years, with an inscrutable verification process that leaves some battling for months to get access to their money.
The eBay-owned payments processor, like other financial companies, has policies in place to ensure that fraudsters aren’t using its system to transfer ill-gotten gains. But PayPal also traps legitimate businesses and charities in its filters, and proving you’re no scam involves a ton of paperwork and time.
PayPal says it’s finally ready to deal with the problem. It’s promising to roll out a massive overhaul of its system within the next several months — but details are scant for now — via redwolf.newsvine.com
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