PayPal and other processing companies bitcoin policies

[Lancelot19]

Anyone else noticing PayPal and Square starting to crack down on bitcoin? It seems like they are starting to hold funds a lot more. Just recently, they made me promise to close my account and never deal with bitcoins again through PayPal for them to release my money. They called it a "High Risk" investment. I think this is because of the amount of money they lost through BFL.

It's great how they crackdown on bitcoin because of their bad vetting policies. How could they allow a company like BFL to process thousands if not millions of dollars through their service without ever seeing a delivery or product?

Am I the only one experiencing this? Thoughts?

[www.al3ashi8.com]

Well they should blame BFL, not bitcoin, and yes I have noticed this happening and am afraid to sell bitcoin using paypal..

i agree with you in this

[Lancelot19]

Anyone know of any reliable alternatives?

[MAbtc]

Starting to? Didn't Paypal crack down on this quite a long time ago? Dwolla just shut the door, too. Didn't hear about Square. Doesn't surprise me, though.