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Markus Persson, creator of Minecraft, has funds wrongly frozen by Paypal

Started by September 10, 2010 01:36 PM
27 comments, last by necreia 14 years, 2 months ago
Quote: Original post by ChurchSkiz
600k euro in one week? If that's accurate that's awesome, but sounds far-fetched.


More like 4-5 weeks based on what people are saying, since it includes the time his account has been frozen. He recently got a publicity bump. Still a bit hard to believe, but possible.
Complete stats.
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Those stats are impressive! Some serious income rolling in there!
DaveMS, no doubt... I think John Carmack went and bought a Ferrari at this point in his life? :)
PayPal has also screwed over a few charities in the past - I remember that Something Awful no longer accepts PayPal after their donation account for Hurricane Katrina relief was frozen at something like $30k in nine hours.

I can kind of see PayPal's side on it (it is kind of suspicious to see these huge surges) but they seriously need to actually fix this shit when it happens instead of just turning it off and ignoring everyone for an indeterminate period of time.
Quote: Original post by taby
I wonder if it's because Persson's using a pre-order system instead of donations?

If so, that would be a stupid reason for Paypal to block his funds.

I see this on google news: http://www.devicemag.com/2010/09/10/paypal-holding-over-600000-euros-from-minecraft-developer/


He calls them sales, not donations:

Blog: "Those 600k euros are the result of around 60k sales in the past 16 days."

Sales = profit in your pocket, so he can do anything he wants with that money, buy an expensive yatch, whatever.

Funny, I never heard of Minecraft before. I don't understand its overnight popularity.



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I had several thousand dollars in revenue frozen for months by PayPal last year. That's why I jumped ship to Amazon Payments, which has been ludicrously better than PayPal in every imaginable way.
What would you do if you hosted a server where gamers connected, suddenly had 100,000 people join over the weekend, then had your
money account frozen? Would you continue to honor those sales, and let people connect, or would you block them off? Afterall, bandwith
costs money, and you don't know if you're ever gonna see that money again.
Quote: Original post by samster581
What would you do if you hosted a server where gamers connected, suddenly had 100,000 people join over the weekend, then had your
money account frozen? Would you continue to honor those sales, and let people connect, or would you block them off? Afterall, bandwith
costs money, and you don't know if you're ever gonna see that money again.


Unless you want to get a reputation for bad customer service and lost sales, of course you'd honor the sales. Its not the customer's fault that you chose a bad payment processor.

I have no idea what you'd do if the bandwidth costs would cause you to fold. Lawyers would probably be involved. Ideally, if you're running an actual company you'd have some sort of buffer to cover hosting costs in situations such as these.
Quote: Original post by BeanDog
I had several thousand dollars in revenue frozen for months by PayPal last year. That's why I jumped ship to Amazon Payments, which has been ludicrously better than PayPal in every imaginable way.

Too bad you can't use it in when you're outside the states like this developer

Seen this story on several sites, and it's annoying how many posts are he wouldn't have this problem if he used {paypal alternative only available in the US and/or possibly the UK}

Paypal's international competition is near non-existent

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