PayPal is one of the most popular online payment platforms in the world, used by millions of individuals and businesses to transfer funds securely and quickly. However, sometimes PayPal closes accounts, leaving its users mystified and frustrated. There are several reasons why PayPal closed your account.
Firstly, PayPal may close an account if it suspects fraudulent or suspicious activities. This means, for example, if someone uses a stolen or fake credit card to make purchases on PayPal, or if someone uses PayPal to facilitate fraudulent transactions, their account is likely to be closed permanently and their funds frozen. PayPal takes its security and safety measures very seriously, and it will close accounts without warning if it detects suspicious activities.
Secondly, PayPal account closed, if the user repeatedly violates its user agreement or policies. Some examples of violations may include using PayPal for gambling, adult-oriented services, sale of counterfeit items, or weapons. If the user continues to use PayPal for such purposes despite warnings, the account may be closed indefinitely.