Paypal witholding funds

This is my experience as well. If I know there is a lot of money coming into the account in a short time I warn PP. They even thanked me once for doing so.

KenJ

good for you,
Paypal as so many international companies work differently in each country

i experienced horrible stuff with paypal France and Belgium;
and everything was solved when i transferred all the business merchants to paypal UK

so yes paypal UK is fantastic professional service

paypal France and Belgium is the worst crappy unprofessional service i have experienced, is till have one account frozen for more than 12 months,
the reason behind the difference is the managing staff they put in each countries

in France and Belgium, anyone selling infoproducts is considered suspicious when you start to pull big numbers

so i will suggest you find a way to have a paypal account in USA/UK/Canada that seem the best choice if you want absolutely work with paypal;
or just take another international merchant, you can find some good one by attending a "digital show/worshop/expos"; and you will have someone you can call when you launch a product

That holding of funds is only temporary. Once you establish yourself with them they stop holding the funds. For me it was about 6 months and for the past 7 years my account has been in very good standings and I have never had a problem

al

Same here. I've been using Paypal since about 2002 and not a single problem that I couldn't solve after a quick call to my rep.

Thanks all for the responses

What would be considered as "a lot"? In other words, what would PayPal consider a high sum (that warrants locking the account)? On the board, I have seen posts of locking for "high amounts" but I do not recall a figure that would trip an alarm.


So you are saying that you were not able to pull any money whatsoever for six months? Did you move to another account that would allow you to collect money in a more timely manner or did you continue to do business with PayPal during that time?

Finally guys, it was my understanding that there existed some kind of plug-in (Wordpress perhaps) that did some kind of rotation between accounts(?)
One purchase would go to Account #1 (with Pay Pal) A
A second purchase would go to Account #2 (with a different processor)
.. and so on

The idea was to equally distribute the purchases to different accounts (in case Pay Pal did shut an account down for 6 months, one would not be left high and dry).

Of course, I don't plan to do anything stupid (and can understand that PayPal protects itself) - but - from what I remember from a thread sometime ago, the freezes occurred without warning (some for months at a time) leaving people to seek other ways of supporting themselves until it was lifted.

It was the reason why I was also looking for some kind of "Plan B" solution as a safety measure.

What are you using your Paypal account for, what are you selling.
Have you anyone requesting a refund?

Paypal rocks, sometimes when there are suspicious activities going on they might lock your account temporarily till you verify it once again.

For example I logged in from a different Thai IP (I informed them that I live in Thailand, always do that when having huge life changes) but when I logged in I had my capslock on so 3 times wrong password.

It got locked in the weekend, which was a bit nasty, I mailed my rep guy and monday first thing in the morning he got back to me, normally the verification process would take 2-3 days, he got it fixed for me within 1-2 hours.

Paypal makes a lot of money from us with their high fee's but their service is top notch, especially when you're a large client with an account in good standing (minimum amount of refunds/disputes).