Day: April 25, 2026

We dont have any personal grudges against PayPal, but my personal experince with PayPal and based on the opinion of many of my colleagues, friends and family, we are writing this blog post that will highlight why PayPal is a scam and why you should avoid using it.  Is PayPal a scam? Yes, PayPal is a big-time scam, and we will tell you why. It might not be a scam for the users who are using it from the USA and European countries, but for users from Asian countries like India, Pakistan and Bangladesh, PayPal is a big-time scam.  Recently, one of my PayPal account to permanently restricted by the PayPal team without any reason. The account has been flagged off. I was using this PayPal account for 2 years, and then suddenly I got the following message on my account.  Based on this email, I tried contacting the PayPal team via phone, social media and thought their resolution centre. Their entire customer support is listless, and they won’t even entertain you properly. I was asked about a few documents, details about my transaction and my personal government ID, which I submitted rightfully to PayPal.  Even after verification, they permanently decided to restrict my account and keep my funds on hold for 180 days.  I tried creating a new PayPal account from my other email ID, but the result was the same. Each time I tried creating a new PayPal account, it was getting permanently restricted.  I did a bit of research on social media and found that this is not only happening with me but with many of my colleagues, friends and other users who are based in India, Pakistan, Saudi Arabia, and other Asian regions.  Is there a scam going around PayPal? Yes, there is a scam going around PayPal, and PayPal is cheating users from India and other Asian countries like Pakistan.  I am sharing some of the screenshots which will prove that PayPal is a scam company and you should never be using it.  —————————————————————————————— ——————————————————————————————- ———————————————————————————————— This is really a wakeup call for everyone who are using PayPal. I personally think it is time to switch to Wise or Payoneer for smooth and easy transfer for funds from other country to your domestic bank account.  Based on my research, I personally found that PayPal has restricted the accounts of users not only from India but from other European countries too. You can check the above screenshots for the proves.  Why PayPal is a scam, and you should never use it? 1.They will never tell you real reason for account deactivation One of the major frustrations with PayPal scams is that they will never tell why the reason for your account getting restricted, either permanently or temporarily.  They will just inform you by email that your account is getting restricted for life and you will no longer be able to use it.  Even if you try reaching out to their team from the resolution centre or via call, they will not respond. And if they respond, they will say  “Our decision is final and your account will stay permanently deactivated” The nail in the coffin is: You cannot even delete your account once it is deactivated for life or on a temporary basis. Your funds will be locked in and your critical bank information or card details will be kept with PayPal for life. You cannot even remove your bank or card details from your account once it is deactivated. That is the reason why I am not recommending anyone to use PayPal from now. Start looking out for some options like Wise or Payoneer. 2. Pethetic customer support The customer support for PayPal is the worst. First of all, they don’t have any live chat support like Wise. Secondly, their resolution centre works very slowly and takes 2-3 days to respond to any query or case created by the account holder. On top of that, they will not give you any valid reason or explanation regarding your account being banned or restricted.  Although they have a customer support phone number, which is toll-free. However, the call support is outsourced to third-party BPO companies, and you cannot expect to get a perfect solution from them.  If something happens to your account, then you are on your own. Don’t expect PayPal’s support team to help you out.  3. Too many delays in response Reaching out to PayPal’s customer support team can be a daunting and frustrating task. Even if you reach out to them via email, chat or call, their replies are slow, especially when it comes to dealing with account restriction-related issues.  After you raise a ticket via the resolution centre, it will take 3-4 days to get an initial response. If your account is restricted on a temporary basis, their team will ask for 3-4 documents like government id, proof of goods sold, receipts from the supplier, transaction details and how your business works.  Even if you submit all the documents carefully, their team takes 3 days to review everything. And when the final decision is taken, it won’t be in your favour.  This extended back and forth can be frustrating for users who rely only on PayPal for getting their funds. Overall, the experince is very bad with PayPal, and the company really needs to pull up its socks. 4. Payment is kept on hold for 180 days Another scam by PayPal is the holding of funds for 180 days and charging a fee if your account is permanently deactivated. This has happened to me twice and the experince was really frustrating. I discussed the same issue with many of my colleagues, and they all faced the same issue.  This mostly happens due to not following PayPal’s guidelines or some policy-related concern. However, I feel this is a scam by PayPal. First of all, PayPal will never tell you why they are holding the funds for such a long time or the reason … Read more

Are you looking to create your Wise account? If yes, then you have come to the right spot. If you want to send or receive money internationally with low fees, learning how to create a Wise account is a good place to start. Wise a popular platfrom which acts as an international bank, allowing users to get virtual international bank accounts in 100+ countries.  It is known for its transparency, fast and global transfers. Setting up a Wise account takes only a few minutes, and we will discover how in this blog post.  Apart from how to create a Wise account, you will also discover some of the basic questions which people ask when to want to make an account on Wise. So, here’s a step-by-step guide on Wise account creation. How to create and open a Wise account? 1. Head over to Wise website The very first step in the process of Wise account creation is to head over to the official website of Wise and click on Sign up in minutes. If you are not using a web application, then you can also download the Wise app on an Android or an iPhone device and get started in the same way.  You can sign up on Wise either by using your Gmail account or by creating your own password and login credentials with your respective email service provider.  If you try to sign up with Gmail, then make sure you give all access to Wise.  Now click on continue.  2. Select the account type Once you have signed up for Wise, now you will be asked to choose a betweent Wise personal or a Wise business account.  Wise personal account: The Wise personal account is best suited for an individual, freelancer, or solo businessman who wants to send, spend, or receive money internationally.  The personal account can hold 40+ currencies with conversion made at the mid-market exchange rate. Account holder can also get a multi-currency card which can be used to spend in different currencies and 140+ countries.  Wise business account: The Wise business account is for those who are running a business or company and want to get paid or send money abroad in multiple currencies.  Conversion in the Wise business account takes place at the mid-market exchange rate.  With a business account, you can get employee expense cards, a multi-currency card to run your business, oranize funds, cut costs and get paid on time.  Once you have selected which type of Wise account you want to create, then you need to set up your location.  Enter the country in which you are residing. Once you enter your country, you will come to know what are the features that Wise account for personal usage allows in your country.  In the above image, you can see Wise is not allowing us to avail the revice the payment feature on the personal account level. In this case, you can try to change and convert your personal account to a business account.  Or, if you only want to send or spend the money, you can proceed.  3.Two-factor verification  Once you have decided to proceed, you have to set up two-factor authentication by verifying your phone number.  Now enter your phone number and the six-digit code that you will receive.  You can also try another way by email if you wish. 4. Password set up After the phone number verification, you need to set up your password.  5. Complete basic information  After you are done creating your password, you need to fill your profile by sharing basic information about yourself. Make sure you provide all the information correctly, especially your phone number, country, name, middle name, last name and year of birth as it is mentioned in one of your government ID cards, which you will be submitting on Wise for verification.  Remember, your personal details should match on your Wise account and government ID.  In the next step, you need to enter your home address.  Make sure to enter it correctly as mentioned in your government ID for verification.  6. Congratulations, your Wise account is created Your Wise account has now been created. However, this is only the Wise personal account by which you can send money. You cannot receive money in a Wise personal account (in some countries).  How to create a Wise business account to get payments? Now that you have come to know how to create Wise account for personal purposes, let us now understand and learn how to set up Wise business account in a step-by-step format.  Creating a Wise business account is more or less the same as a Wise personal account. While selecting the type of account, you need to opt for the Wise business account.  You can also convert your Wise personal account to a business account by heading over to your profile settings. Click on ” Open a business account and enter the country in which you are living.  Now, select the type of business and move next. Now enter your business details carefully, save and continue.  Now, enter your business address, postal and other details, then save and continue.  Now choose your busines industry, save and continue.  Now you have entered the business overview and give a short introduction about your business. Make it very relevant, transparent and honest. Write at least 100 words.  In this step, you have to mention your business website. If you have one, share the link; if you don’t have move to the next step. Confirm your trading address. And jump to the next step. Select a few currencies in which you want to get paid. Select 4 currencies like the USA, GBP, Euro or CAD and move to the next step.  Now you will be redirected to the most important page where you need to do the verification of your business account.  This is the last and final step of Wise account creation for business purposes. In this step, you need to link your … Read more