I had trusted PayPal with my business from the start, using their debit card to pay for both personal and professional expenses. My business debit card is 100% used for business and person. Now I'm in a race against time, desperately trying to switch my payment card before any bills try to go through. This has been an incredibly painful process that I wish I didn't have to deal with. This will hurt since I need to pay a vendor I am not transferring money to Pay them. My vendors will be expecting me to pay them soon, and if its $100 and shipping ends up being more then oops declined. It makes us look bad as a company when we can’t make payments on time. This is not how you sustain a successful business. Very bad business move on PayPal. I am sure they will be losing a lot of companies that have relied on these for many years.
... View more