23 {{ upvoteCount | shortNum }}
23 {{ upvoteCount | shortNum }}

New Paypal account, but taking in Loads of sales? without getting banned,

by entry
20 replies
If created a new paypal account, linked to bank (2 small digits sent), verified.

account is premier.
connected to bank account.
linked to a credit card.

This is a new account, with nothing going out to pay others.

Now if i sell $7dollar Script products, and get good volumes of sales regularly in these next months to come, would that trigger alarm bells in paypals eyes?

as i heard new accounts taking funds in quickly can cause frozen accounts.
#account #banned #loads #paypal #sales #taking
  • Profile picture of the author donhx
    Originally Posted by entry View Post

    If created a new paypal account, linked to bank (2 small digits sent), verified.

    account is premier.
    connected to bank account.
    linked to a credit card.

    This is a new account, with nothing going out to pay others.

    Now if i sell $7dollar Script products, and get good volumes of sales regularly in these next months to come, would that trigger alarm bells in paypals eyes?

    as i heard new accounts taking funds in quickly can cause frozen accounts.

    Don't automatically assume that PayPal is going to freeze your account. Yes, there are some stories about doing that, but you never hear PayPal's side about suspected fraud and other reasons they act. The best thing to do is re-read their TOS and follow the rules. There is no harm in having a back-up processor in place for the same reason you back-up your other systems.

    PayPal has about 250 million customers, and their complaints are pretty low for the astronomical number of transactions they do. They are not out to get you, they are just trying to manage their risk.
    Signature
    Quality content to beat the competition. Personalized Author Services
    {{ DiscussionBoard.errors[3218471].message }}
    • Profile picture of the author entry
      Yes, they are trying to manage their risk.

      What if my sales are high, you cant stop the sales happening can you.

      or what if peoples sales are high, they get froozen for making high sales to a new account :confused:
      Signature
      I Have to say a Massive...THANK YOU to every Warrior who has helped me, and thanks to every warrior who helps me in the future...
      {{ DiscussionBoard.errors[3221432].message }}
      • Profile picture of the author Syamsul Alam
        Originally Posted by entry View Post

        Yes, they are trying to manage their risk.

        What if my sales are high, you cant stop the sales happening can you.

        or what if peoples sales are high, they get froozen for making high sales to a new account :confused:
        You should not worry about that, PayPal gain profits every time someone pay through their payment processor. Why would they froze your account and stop their profits? If your transaction is legit, you should not worry a thing and just setup it.
        Signature
        Signature Here...
        ----------------------------------------------------------------------------------------------------
        Move your cursor to my link and it will magically turned red when you do it. Try (and click) it!
        {{ DiscussionBoard.errors[3221477].message }}
        • Profile picture of the author bravo75
          They don't "freeze" your account, they limit it. You can still receive money but can't spend any or withdraw.

          I am not the only person who has had murder with Paypal.
          Read this:
          PayPal Alternative - Pay Pal Lawsuits, PayPal Complaints & Fraud

          Telling someone not worry a thing is just pure bad advice.

          Originally Posted by alampintar View Post

          Why would they froze your account and stop their profits? If your transaction is legit, you should not worry a thing and just setup it.
          {{ DiscussionBoard.errors[3221517].message }}
          • Profile picture of the author Syamsul Alam
            Originally Posted by bravo75 View Post

            They don't "freeze" your account, they limit it. You can still receive money but can't spend any or withdraw.

            I am not the only person who has had murder with Paypal.
            Read this:
            PayPal Alternative - Pay Pal Lawsuits, PayPal Complaints & Fraud

            Telling someone not worry a thing is just pure bad advice.
            Sorry about that. My advice is simply because I never had any bad experience with them.
            Signature
            Signature Here...
            ----------------------------------------------------------------------------------------------------
            Move your cursor to my link and it will magically turned red when you do it. Try (and click) it!
            {{ DiscussionBoard.errors[3221540].message }}
            • Profile picture of the author donhx
              Originally Posted by alampintar View Post

              Sorry about that. My advice is simply because I never had any bad experience with them.

              Nothing to be sorry about, Alampintar. Most people simply do not have a problem with PayPal.

              I would not trust "PalPal Alternative" sites. They are just affiliate sites trying to sell expensive credit card processing alternatives by telling unsubstantiated horror stories.

              The only time PayPal was successfully sued for holding onto money was in 2002. It related to problems before eBay bought PayPal.

              Like I said before, get a back-up processor if you think you might need it, but don't automatically assume PayPal is going to freeze your account just because you're making money. They couldn't stay in business if that were true.
              Signature
              Quality content to beat the competition. Personalized Author Services
              {{ DiscussionBoard.errors[3221749].message }}
          • Profile picture of the author entry
            Originally Posted by bravo75 View Post

            They don't "freeze" your account, they limit it. You can still receive money but can't spend any or withdraw.

            I am not the only person who has had murder with Paypal.
            Read this:
            PayPal Alternative - Pay Pal Lawsuits, PayPal Complaints & Fraud

            Telling someone not worry a thing is just pure bad advice.
            Cheers, i think what you described is what I meant.

            If they limit, can you take the funds out in 180 days?

            what is that 180 day thing about? is it Always in 180 days? or sometimes they keep it forever ?


            I am also confused on some terminology:
            and what is a verified account mean? compared to a confirmed account?

            + unverified, and unconfirmed?
            Signature
            I Have to say a Massive...THANK YOU to every Warrior who has helped me, and thanks to every warrior who helps me in the future...
            {{ DiscussionBoard.errors[3221807].message }}
            • Profile picture of the author toolmaster
              Originally Posted by entry View Post

              Cheers, i think what you described is what I meant.

              If they limit, can you take the funds out in 180 days?

              what is that 180 day thing about? is it Always in 180 days? or sometimes they keep it forever ?
              The 180 days is how long they wait to make sure their are no more charge backs from customers credit cards and to make sure there are no more complaints from customer either.

              They want to make sure they have your money until they are done paying back people that purchased from you; if they request their money back.
              {{ DiscussionBoard.errors[3222246].message }}
              • Profile picture of the author entry
                Originally Posted by toolmaster View Post

                The 180 days is how long they wait to make sure their are no more charge backs from customers credit cards and to make sure there are no more complaints from customer either.

                They want to make sure they have your money until they are done paying back people that purchased from you; if they request their money back.
                In these 180 days, do you have to usually send any documents?

                or most cases you dont, and it is just a 180- day wait with Nothing to send them?
                Signature
                I Have to say a Massive...THANK YOU to every Warrior who has helped me, and thanks to every warrior who helps me in the future...
                {{ DiscussionBoard.errors[3224198].message }}
  • Profile picture of the author bravo75
    I wouldn't trust Paypal as far as I could throw them. I have over $900 in my account and have been waiting almost 3 months to withdraw it to my account. I done absolutely nothing wrong. I have tried calling them more times than I can count. I have E-mailed them dozens of times and all I keep getting is canned responses. I have sent them all the info they asked for. There reason: suspicious activity. WTF? I don't trade on E-Bay, I receive legitimate CPA payments. Once I get my money back, I will not go near them with a 12 foot pole. Be careful, if they see a sudden increase in payments to your account, they will limit your account. Grounds: suspicious activity and they will take you to hell and back before you can get your account back to unlimited status and withdraw your money.
    {{ DiscussionBoard.errors[3221484].message }}
    • Profile picture of the author FredJones
      Paypal does have its great set of horror stories and once our entire nation (India) was a victim of it last year from 27th Jan till 14th March because they had not compiled with Govt. of India laws for a full year, but then, for only $900 ? Is that what you meant or did you miss at least one 0 if not more? I would never in my dreams suppose $900 ever to be an issue by any standards !!


      Originally Posted by bravo75 View Post

      I wouldn't trust Paypal as far as I could throw them. I have over $900 in my account and have been waiting almost 3 months to withdraw it to my account. I done absolutely nothing wrong. I have tried calling them more times than I can count. I have E-mailed them dozens of times and all I keep getting is canned responses. I have sent them all the info they asked for. There reason: suspicious activity. WTF? I don't trade on E-Bay, I receive legitimate CPA payments. Once I get my money back, I will not go near them with a 12 foot pole. Be careful, if they see a sudden increase in payments to your account, they will limit your account. Grounds: suspicious activity and they will take you to hell and back before you can get your account back to unlimited status and withdraw your money.
      Signature
      Get funded up to US $2 Million for your business as a JV (not a loan). Keep 80% of the profits.
      {{ DiscussionBoard.errors[3221741].message }}
  • Profile picture of the author trishworks4u
    It is my understanding (not my experience) that sometimes a call from you explaining what you're doing and a "heads up" on the volume can ward off a suspension.

    Those guys 'aint as smart as you'd think when it comes to IM. They actually made me explain what payments from "EPN" were and asked for "shipping manifestos" on other electronic goods transactions when I had an issue w/ them.
    Signature
    {{ DiscussionBoard.errors[3221486].message }}
    • Profile picture of the author bravo75
      That makes it all the more dangerous.

      Originally Posted by trishworks4u View Post

      Those guys 'aint as smart as you'd think when it comes to IM. They actually made me explain what payments from "EPN" were and asked for "shipping manifestos" on other electronic goods transactions when I had an issue w/ them.
      {{ DiscussionBoard.errors[3221497].message }}
  • Profile picture of the author Rich Struck
    I've been with them from the start and I've never had a problem. Having said that, if I was expecting a sudden surge of sales, I would definitely call and let them know first. I don't know if it would do any good but I don't think it would hurt.
    Signature

    {{ DiscussionBoard.errors[3221602].message }}
  • Profile picture of the author Daniel Deegan
    I dont see how anyone can not get in contact with someone at paypal over the phone. I've spoke to paypal at least a 10 times over the phone. I've had to remove limits from my account once and it was easy peasy. They ask you to send via email scanned copies of certain documents proving your identity. They review them within a few days and as longs your info is legit your fine.
    Signature

    ****************************************
    Spy & Track Winning Facebook Ads
    Spy & Track     Winning Google Content Network Ads
    Spy & Track Winning Bing & Google PPC Search Ads
    â„¢ACP - Click Here For Details
    ****************************************

    {{ DiscussionBoard.errors[3222056].message }}
    • Profile picture of the author Jay Vikaz
      I haven't had any such issues with paypal. I have not met anyone who has had such issues with them either.

      For the most part they are pretty easy to deal with as long as you stay within their TOS and make sure everything is above board on your end.

      That being said, we may be looking at this the wrong way.

      Do you really expect to drive that kind of huge server crushing traffic to your sales page and make enormous sales that would make them suspect foul play?

      If not, don't worry about it. Focus on getting sales.

      If you expect to drive those kinds of massive sales, then you are probably better of getting a merchant account.

      As long as the sales are steady or steadily rising, you should be fine. If you are planning a Jeff Walker style "Product Launch" where you expect an avalanche of sales over a period of just a few days, then you might be justified in worrying about it.

      In any case call paypal and alert them about the expected avalanche.
      Signature
      {{ DiscussionBoard.errors[3222143].message }}
      • Profile picture of the author entry
        Originally Posted by Jay Vikaz View Post

        If you expect to drive those kinds of massive sales, then you are probably better of getting a merchant account.
        I want to use the $7Dollar Script though.
        Signature
        I Have to say a Massive...THANK YOU to every Warrior who has helped me, and thanks to every warrior who helps me in the future...
        {{ DiscussionBoard.errors[3222159].message }}
        • Profile picture of the author toolmaster
          If you're not doing anything wrong then you shouldn't have anything to worry about.

          I once had an account frozen with $1200 in it. But after talking with them on the phone they finished their investigation and remove the restrictions from my account.

          But if there is anything unethical about your business they won't hesitate to lock up your account and ask questions later.

          I'd definitely go with your own merchant account if you're worried. You have much more control that way.
          {{ DiscussionBoard.errors[3222237].message }}
  • Profile picture of the author Tyson Faulkner
    I'm sure you've heard some of the same horror stories that I have about Paypal locking funds and what not. If you're really worried just give them a call and let them know if there's going to be a flood.

    But if you're just getting started I wouldn't even worry about it. Unless you have some massive JV partners or something you probably won't get to that point.
    {{ DiscussionBoard.errors[3224425].message }}
    • Profile picture of the author halfpoint
      Call them and tell them what you are planning on what kind of volume you're expecting and any other relevant details you think they should know.
      {{ DiscussionBoard.errors[3224636].message }}

Trending Topics