Paypal accounts for half of digital wallet complaints over past 4 years

Within the final 4 ears, prospects have despatched in 9,300 complaints relating to cellular or digital wallets to the US Client Monetary Safety Bureau. Of these complaints, Paypal accounted for nearly 4,500 in complete, in response to a press launch from Psychic Ventures Ltd.

Many of the complaints had been with reference to managing, opening or closing a cellular pockets account. Sq. ranked second with 1,200 complaints principally with reference to unauthorized transactions and Coinbase got here in third with a complete of 755 complaints.

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