And I've had PayPal confiscate funds directly from my checking account (without my approval) because an eBay buyer decided he didn't need the item he ordered afterall, and then again when another buyer initiated a fraudulent chargeback. Took weeks to clear those up and get my money back from their awful customer service.
Oh, and their mobile app servers were hacked last week. Hundreds of people on Twitter and Facebook were unable to login for days.
So don't tell me what I'm not knowledgeable about.