Flipper Zero developers, on their Twitter account, reported that PayPal returned 74% of money ($ 980,000) from previously frozen $ 1.3 million. However, to “mitigate possible claims”, the payment system continues to withhold $ 350,000. At the same time, all orders are ordered. customers paid with this money have long been delivered.
The Flipper Zero team explained that she would continue with lawyers a proceedings to resolve this issue with PayPal.
In the summer of 2022, Flipper Zero opened sales of devices. Users had the opportunity to pay for an order using a card or PayPal. Moreover, more than half of customers chose the second payment option.
A few days after the start of sales, PayPal requested some documents from the developers as part of the compliance process, which were promptly provided by Flipper Zero. Later in September, the PayPal payment system blocked the business account of the production company Tamagochi for Pentesters, and froze funds for more than 2 months without explaining the reasons.
According to Flipper Zero, the PayPal technical support did not know what was happening. At the same time, the situation from the financial side was sufficiently critical. Blocked funds were required by the company to produce a new batch of devices.