Think TRAFFIC Trolls Are Bad? How About Paypal "Trolls"? | DomainInvesting.com

Think TRAFFIC Trolls Are Bad? How About Paypal “Trolls”?

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A lot has been said about some companies who may have been present at the hotel for the TRAFFIC conference, but did not purchase a ticket for the tradeshow.  I can see why it would irk show organizers, but you have to check this out.

WePay, a competitor of Paypal dropped off a 600 pound ice block outside of the Paypal Developer’s Conference at the Moscone Center in San Francisco today. Inside the ice was the message, “Paypal freezes your accounts. Unfreeze your money.” They also have the coordinating domain name, UnfreezeYourMoney.com.

Now THAT was really cold!

More details on Techcrunch – photo from WePay stream.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (14)

    Deke

    I can’t stand how eBay forces buyers and sellers to use PayPal now for everything.

    Plus, I believe PayPal is not very business friendly…..they lean hard to the customer side.

    It’s a nice system, but flawed, and should be fixed.

    October 26th, 2010 at 8:33 pm

    Tim Davids

    I heard the peeps from TRAFFIC were gonna show up at Overseas’ next show dressed in Drag and carrying bags of popcorn shrimp. :)

    J/k

    October 26th, 2010 at 8:40 pm

    Anthony

    well done … cheap and effective advertising :)

    October 26th, 2010 at 10:20 pm

    Louise

    That’s funny! Thanx, Elliot. It putsa smile for the evening!

    @ Anthony, I 2nd that! Nice pic!

    October 26th, 2010 at 10:40 pm

    Gordon

    Great stuff.

    Contrary to the belief of many within this insular industry, people glom onto other people’s conferences every single day of the year.

    October 26th, 2010 at 10:50 pm

    Attila

    LMAO – now that is gold. They should of made it bigger and heavier this way it would of taken PayPal a while to move it out of there…

    October 27th, 2010 at 3:44 am

    LindaM

    Between myself and my associates we have moved over $200k through paypal over the last 3 years or so and generally we have found them to be OK.
    I remember about 2 years ago on a new project the business was generating lots of sales and exceeded the initial paypal limits very quickly. They froze the account and demanded all kinds of documentation from the business, most of which was reasonable, in terms of identification etc. I understand paypal have to abide by money laundering / anti terrorism legislation and we had no problem complying with that. *BUT*
    On of the areas they demanded documentation on was that of our suppliers. They said they required full details of our suppliers, copies of invoices for the products contained in customer orders etc. We felt we would be giving up commercial advantage by giving this information to anyone so we promptly refused, having complied fully with the rest.
    Paypal made it clear to us that our trading account would remain frozen until such time we sent what they wanted. At this point the account had several thousand $ in, and was continuing to capture payments.
    After fruitless calls to their customer services I managed to get hold of the email address of some higher up manager. I laid out our case, and told them if we didnt have our funds unfrozen we would take action to recover it.
    They left our account frozen so I began contacting all our customers, starting with the lowest amount and working up, to reverse their payment. At the same time I switched our website to a competing payment processor.
    Within the hour, a person from paypal hq was on the phone, apologising, unfroze our account and it has been fine since.
    Slap them in the wallet and make them your bitch rather than the other way round :)

    October 27th, 2010 at 4:11 am

    Pat

    I know that Elliot has mentioned using StatCounter.com to track stats, and I’m sure a lot of other domainers do, too.

    Check out their experience with PayPal. It’s really unbelievable (in a BAD way)…

    http://blog.statcounter.com/2010/09/to-paypal-or-not-to-paypal/

    October 27th, 2010 at 9:35 am

    Stephen Douglas

    @ LindaM

    Best comment I’ve seen in months, possible the baddest ass comment in years.

    I respect that. In my many years of experience, I’ve found that the people (even your partners, new or old) who control the finances, try to play power games with your money. It’s caused many lawsuits by me, which I’ve won, but it’s a headache.

    LindaM has revealed a simple way to fight back against an arrogant but USEFUL company, and I am impressed.

    I like Paypal, and have moved $100ks of funds through them, but they do have an antiquated system (tax time, can you sort through your history based on types of transactions? nope)

    Anyway, not about me, it’s about Linda. Kudos.

    October 27th, 2010 at 9:35 am

    LindaM

    lol tx. Im not sure I would recommend that strategy exactly to anyone or not – we gambled the farm doing that, the fact it turned out ok was not a foregone conclusion. We could have lost our customers AND the money had paypal decided to be difficult, and being the stubborn biatch that I am it would have probably cost me lawyer fees too – I would have pursued them to ends of the earth for every last penny.
    As I was talking to the first few customers having them do chargebacks on us, it felt like walking myself to the gantry but dragging paypal along too. Im not sure it will work in every situation, the fact is they are big enough to lose customers if they want to, no single individual’s business will be enough for them to change their policies I guess we just got a sensible exec who noticed us at the time. To this day its the ONLY time Ive spoken to an american at paypal, thats when I knew the game was won!

    October 27th, 2010 at 10:09 am

    ds

    Elliot call me important
    2154280695×104

    October 27th, 2010 at 1:23 pm

    Attila

    @dh – hey, what the heck? I just called and got some Mike guy over at WePay saying something about they had nothing to do with the slashed tire…

    October 27th, 2010 at 1:29 pm

    chris

    guerrilla marketing at it best!

    October 28th, 2010 at 12:34 am

    wars

    i want nothing to do with Pay Pal and it’s crooked owner eBay

    October 28th, 2010 at 6:49 pm

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