PayPal Freezer Burns

11 years ago

Have a Paypal VERIFIED account as well.

It takes about 3-5 business days where they make 2 small deposits into your account that you then verify with them.

That helps.

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oppyeaunome 11 years ago

Ok I already had my account verified. Anything Else?
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talfighel

11 years ago

Originally Posted by oppyeaunome

Hey there Warriors I'm planning on launching a WSO soon on this wonderful forum and I have one question. I have a paypal premier account and I was wondering how do I go about launching a product the right way as to avoid my paypal account being freeze? If so how do you guys avoid the freezer burns?

I would email them or call them and tell them that you are about to launch a product of your own and that some commissions are going to come into your account. Ask them what you can do to protect yourself.

You can even let it go and see what happens to those funds. If PayPal decides to freeze it, then you can contact them as to why they have done this.

But it is always better to be safe then sorry.

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Gengis

11 years ago

I haven't had any issues getting pretty good amounts of money coming into my Paypal account. The reason why is because for instance if $800 goes in this week I don't take it all out immediately. I actually let it sit there a few days and even then I will leave a hundred or 2.

I think that PayPal doesn't like it if u get a bunch of money and all of a sudden pull it all out.

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robestrong 11 years ago

I've had a couple thousand come in just one or two days. My account was actually frozen, but they just did a few checks and then I was good to go.

One tip if they freeze your account -- CALL THEM. You would incredibly surprised at how fast everything will get worked out if you just hit them up rather than emailing them. I once waited 2 weeks for them to unfreeze my account after sending a half dozen emails, and then I figured that it wouldn't help but that I'd call them just to say I'd done it. They fixed me up under 15 minutes (it was just a typo they hadn't noticed).
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Dennis Gaskill

11 years ago

Originally Posted by Gengis

I haven't had any issues getting pretty good amounts of money coming into my Paypal account. The reason why is because for instance if $800 goes in this week I don't take it all out immediately. I actually let it sit there a few days and even then I will leave a hundred or 2.

I think that PayPal doesn't like it if u get a bunch of money and all of a sudden pull it all out.

That's one of the keys, I believe. They want to see enough left in the account to cover refunds. Since your account is flagged automatically, their algorithm must have a way of knowing your typical refund rate and measures that against the rate of new sales. If you pull money out and don't leave enough in to cover that refund rate, it gets flagged.

Bear in mind that's all speculation on my part. It makes sense though, doesn't it? I usually leave $500 to $1000 in there to play it safe, and I've never had a problem, even when there is a major influx of sales due to a product launch. It's not that much, but it's more than enough to cover the rare refund request I get.

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Jeff Falzone

11 years ago

Originally Posted by Dennis Gaskill

That's one of the keys, I believe. They want to see enough left in the account to cover refunds. Since your account is flagged automatically, their algorithm must have a way of knowing your typical refund rate and measures that against the rate of new sales. If you pull money out and don't leave enough in to cover that refund rate, it gets flagged.

Bear in mind that's all speculation on my part. It makes sense though, doesn't it? I usually leave $500 to $1000 in there to play it safe, and I've never had a problem, even when there is a major influx of sales due to a product launch. It's not that much, but it's more than enough to cover the rare refund request I get.

Your post is very useful, since I got limited by paypal many times as well.

By the way I didn't know this thing that if you don't leave onto your paypal account some money to cover eventual refunds your account gets automatically flagged as a suspicious one.

I have been marketing with paypal account for about 4 months as well, but with private and smaller businesses and not big ones such as wso's launches, and I got limited many times a month, tried to email them over and over again, but after having done a test, when you send them an email, they will fix your inquiry about 2-3 business days, but as you call them, your inquiry gets fixed in less than 10 minutes of phone call . . .

Overally paypal maybe is somewhat professional, but I think they still have to be quicker when it's about timerate by mail, leaving that one, I think they are good ones, because if you don't have paypal running at your own business, your like a fish in a poisonous lake.

Hope it helps,

Giuseppe

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Dennis Gaskill

11 years ago

Originally Posted by Zack93

Your post is very useful, since I got limited by paypal many times as well.

By the way I didn't know this thing that if you don't leave onto your paypal account some money to cover eventual refunds your account gets automatically flagged as a suspicious one.

I have been marketing with paypal account for about 4 months as well, but with private and smaller businesses and not big ones such as wso's launches, and I got limited many times a month, tried to email them over and over again, but after having done a test, when you send them an email, they will fix your inquiry about 2-3 business days, but as you call them, your inquiry gets fixed in less than 10 minutes of phone call . . .

Overally paypal maybe is somewhat professional, but I think they still have to be quicker when it's about timerate by mail, leaving that one, I think they are good ones, because if you don't have paypal running at your own business, your like a fish in a poisonous lake.

Hope it helps,

Giuseppe

Giuseppe,

Bear in mind I said that was speculation on my part. Also, you're in a different country so there could be other factors as well.

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Jeff Falzone 11 years ago

Originally Posted by Dennis Gaskill

Giuseppe,

Bear in mind I said that was speculation on my part. Also, you're in a different country so there could be other factors as well.

In fact, I understood your thought about that, for example other countries have the feature to have credit cards attached into your paypal account, while countries like UK don't have such a feature unlike Italy, which is where I live.

Overally another factor you have to play with, I think is asking in a direct manner to paypal's employees by phone, but before you plan a launch (especially if it's your first one) since rules valid for a country might be invalid for another one.

Giuseppe.
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