Money Transfer Services at Bank of America
Allegations: Failing to disclose the risks associated with using money transfer apps, including that consumers who lose money due to fraud will not be reimbursed
PayPal’s “Pay in 4” Service
Case Name (Date)
Vidaurre et al. v. PayPal, Inc.
22-cv-1283, N.D. Cal.
(March 2022)
Product/Service
PayPal’s “Pay in 4” service
Allegations
Marketing the service as one that allows users to pay for purchases later with no interest or fees without disclosing the risk that they will incur multiple overdraft fees on linked bank accounts
Status
Voluntarily dismissed When a complaint is dismissed with prejudice, it cannot be refiled. as to the named plaintiff and When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled. as to class members
Class-Action Tracker
Venmo Money Transfers on PayPal
Allegations: Marketing Venmo money transfers as safe without disclosing that there is no protection for victims of fraud and no recourse for lost funds
Loans from PayPal Credit
A class-action lawsuit was filed against PayPal Credit for, among other things, allegedly engaging in bait and switch tactics by offering consumers loans and deceptively hiding the final terms of…
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