Lets all admit change is slow and that paypal is still one of the more trusted payment solutions accepted globally. It would be nice to be able to use them in the future with some continued reliability.
Lets all admit change is slow and that paypal is still one of the more trusted payment solutions accepted globally. It would be nice to be able to use them in the future with some continued reliability.
While its nice that the CEO has personally responded this actually shows a far greater dysfunction. Why should it take escalating all the way up to the CEO level to get someone at PayPal to listen and advocate for the customers position?
The contrast with startups is misleading. PayPal has been in business for a long time and is a billion dollar company. They have the resources to stop making stupid mistakes, but still persist in their bad behavior. They can get away with this because they've cornered a large part of the online payments marketplace.
Sure, a startup is going to make mistakes. And they're expected to. That's all a startup is really - a machine that generates mistakes in an attempt to find (or build) a profitable market.
I give PayPal credit for this response. Rather than being cynical, I'm happier giving credit to someone who wants to make things better.
Mr. Marcus - some of us appreciate your efforts here.
This is a fire-fighting attempt from the CEO of a company that snubbed the people they should live off of, prompted by a bigger than average shitstorm created by their persistent crappy handling of accounts.
Think of it this way: suppose Mercedes went around, burning the cars it sells to their customers - much to their chagrin - and one of the customers creates a big enough fuss for the CEO to come and personally give him a new car. Is that an acceptable handling of the situation in your eyes?
Many CEOs would hand this off to their customer experience personnel (if they have some still) or maybe marketing department.
This was not a manager's or director's reply though. The wording indicates someone (relatively new to this president's post) who appears to see that change is necessary. He understand that his offer may not be accepted (he get's it) and still offers a direct link to himself.
I don't read this as a PR ploy or gimmick.
If a CEO offered someone a new car PLUS their ear, I'd be watching for changes. PayPal didn't burn everyone's car. Enough damage was caused to affect the brand though. If I was one of the affected, I'd be watching for more action.
I feel that the response was appropriate. There is something in the wording that gives me hope. Maybe I'm just being naive.
I'll watch to see how things turn out though.
PayPal has a notoriously bad customer service reputation. It's going to take more than a typical CEO apology letter to really fix the issues that are embedded within how PayPal operates. The fact that a CEO has to issue such a letter indicates there are problems that probably aren't going to be easy to fix.
Either he discovered the issue on his own or someone else within PayPal escalated it to his attention. Either is a good sign. The former path indicates a CEO who is actively listening to users and is deliberately making time to gather user feedback outside of normal channels - a very good thing for any CEO worth their salt. The latter indicates that someone else within PayPal or closely tied to PayPal had the good sense to escalate it to the CEO's eyes - that person deserves a promotion (he/she probably has some relavent skills that PayPal really needs at the moment).
I just don't see this as a typical CEO apology. It's personal and the wording actually suggests something more than a typical CEO response - I've seen a few.
It's like a bully saying he's sorry only when your bigger brother shows up to defend you.
I don't have the same confidence in this type of change happening inside PayPal and I'm not sure why. Maybe its because, as a financial institution, I view it as a very "corporate" entity that resists change. Whereas Yahoo! is, in my mind, has a "hacker" feel that recognizes the problems and really wants to make things better. I guess I have more faith in Marisa and the kind of company that I know Yahoo! can become, whereas I've already written off PayPal as a necessary evil that can/will be replaced as soon as possible.
For my personal blocked account, it means exactly nothing.
It's going to take some radical change to alter current perceptions of PayPal, but it may be possible.