Comments by "" (@monkeybusiness1999) on "Massive Paypal Damage Control!!!" video.

  1. An attempt to make interest on the seized money? If they thought they could take millions of dollars at once, & hold it for weeks/months in an interest-earning bank or investment account during the customer-user disputes process - PP could possibly slink out with a whimper vs a drop dedd thump. (Many chain retailers do similar through customer overcharges at the register. It can take up to 10 days to credit back customers for the error & in the meantime that overcharge is accruing bank interest. Multiply this by hundreds of stores x thousands of customer overcharges per day, week, year and... 💰😁👌)
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  2. Reeks of financial desperation, PP may be losing business, agree. By attempting to seize & hold large sums of user money, held in PP's bank account, PP would earn bank interest on the taken money until the charge is disputed & the money rightfully returned to the customer/card holder. Crazy? Chain retailers do it all the time thru customer pricing errors & overcharges. The price at the register rings up higher than the shelf price. And it can take up to 10 days for the credit to be paid back to your checking account. Cha-ching! 💰😁💰 <---- Retailer
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  3. Happens every day - a few big retailers are doing similar, through customer overcharges. Eg shelf item prices ringing-up higher at the register. And you'll notice that store debit charges are immediately deducted from your checking account - but customer store return credits owed back on the card may take up to 10 days to process & be returned to your checking account. That's 10 days of accrued bank interest on customer overcharges. 💰\😁/💰 Multiply this by hundreds or thousands of customer overcharges per day & the interest earnings quickly add up for chain retailers.
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