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How has Paypal worked for you?

by Darkangel95
22 replies
So far it has for me but that's because I use it for normal transactions and not business.
This week I'm going to start running different campaigns and I've heard complaints from Many people about how paypal has frozed their accounts.. and I'm afraid that they might do the same to mines..
Any suggestions?
#paypal #worked
  • Profile picture of the author Perfect Sidekick
    I use Paypal to receive payments in all of my applications and I've never had an issue. Provide quality customer service and respond to inquiries in a timely fashion, you'll be fine. PP is good about working with good vendors and weeding out the bad ones, just stay one of the good guys and you'll be just fine.
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  • Profile picture of the author bbrian017
    I've used paypal to generate over 200,000 in the past 5 years! They make a ton of cash from me as I assume they do you. Besides that they have actually been really good.
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  • Profile picture of the author daviddifranco
    Many people seem to hate PayPal (maybe it's the cool thing to do), but I've had a great experience with them.
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    • Profile picture of the author Barry Cross
      I've never had any problems with Paypal. Plus your potential clients will be happy to use it for transactions as it's a trusted brand.

      Here in the UK they do a lot of TV advertising to build their brand awareness.

      Cheers
      Barry
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  • Profile picture of the author Alexa Smith
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    Originally Posted by Darkangel95 View Post

    This week I'm going to start running different campaigns and I've heard complaints from Many people about how paypal has frozed their accounts.. and I'm afraid that they might do the same to mines..
    Any suggestions?
    I suggest that you stay in good, clear communication with PayPal all the time, notifying them in advance when you're expecting a sudden influx of funds (even though you don't know the amounts and frequencies), and telling them why and how, and what you're doing, so that sudden substantial deposits and a change in the transaction-pattern of your account won't alarm them, because they already know what's going on.

    And don't suddenly empty your account unexpectedly, if you're selling things, leaving no funds to cover occasional repayments - that can also alarm them.

    .
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    • Profile picture of the author Mindz
      Originally Posted by Alexa Smith View Post

      I suggest that you stay in good, clear communication with PayPal all the time, notifying them in advance when you're expecting a sudden influx of funds (even though you don't know the amounts and frequencies), and telling them why and how, and what you're doing, so that sudden substantial deposits and a change in the transaction-pattern of your account won't alarm them, because they already know what's going on.

      And don't suddenly empty your account unexpectedly, if you're selling things, leaving no funds to cover occasional repayments - that can also alarm them.

      .
      This woman is a source of information lol here words ring true to me.
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  • Profile picture of the author gmarklin
    I have used paypal for number of years, and I have had no problem with them at all

    George
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  • Profile picture of the author ForumGuru
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    For 13 years I have been using PayPal as a payment processor on my websites and I am very well pleased with the service they have provided me.

    Cheers

    -don
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  • Profile picture of the author kylenelson24
    I have been using PayPal for years. If you are using their services legitimately then you have nothing to worry about. If you are scamming people and involved in money laundering then yes you have LOTS to worry about.

    I agree with alexa, if you are expecting an influx of funds just email them so they can put in in their internal notes. My account was frozen before but it was for a large amount of money and then i tried to withdraw it the next day. I dont blame them for flagging it, try keeping some money in their at all times and try to set up a trend of deposits. Like every monday or friday. Just my opinion.
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  • Profile picture of the author ATAC
    I love Pay pal and never had a problem with them .. I make a sale and it goes into my account immediately onto a pay pal debit card and I can spend that money in minutes after the sale if I choose so.

    The key thing is to set up an business pay pal account and make sure to verify which means hook it up with your bank account and you should be all set ..

    I have an open relationship with pay pal and they know me and trust me as I do them now also..
    If I have a problem I pick up the phone and 9 out of 10 times its fixed fast..

    So I have never had a problem but I have herd the horror story's and believe because those people were trying to pull a fast one or something or maybe they didn't have their account verified or something.
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  • Profile picture of the author cyberzolo
    I've had one problem with Paypal, but other than that Paypal has been very good to me.
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  • Profile picture of the author vishwa
    I am with Paypal from 5+ Years and never had a problem with them. Just comply with their policies and you are fine.
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  • Profile picture of the author JohnnyPlan
    Most people online use Paypal either to receive or give money for products and services. The only people who will have trouble with Paypal are the ones selling something against their TOS or who receive large unexpected sums of money (after a history of receiving small payments, just looks suspicious). Just keep them in the loop if you suddenly come into a good way to earn money that increases your sales.
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  • Profile picture of the author RogozRazvan
    PayPal will frozen your account to some degree (limit it actually) when there is a dispute (refund request). However, it is frozen only to the amount owed and nothing more. I've never had my account frozen but when I had info-products, I would have preferred for folks to simply ask me for a refund instead of disputing the transaction on PayPal.
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  • Profile picture of the author pauljones99
    They are a lot better than they were 3+ years ago. I think all the negative publicity started to hit them. They have got more fair in their dealings.
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  • Profile picture of the author pauljones99
    the scary thing with paypal is buyers could easily get a refund upto 6 months later by just stating "not as described." That was it. No case to answer they were refunded.
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  • Profile picture of the author Poprugan
    Originally Posted by Darkangel95 View Post

    So far it has for me but that's because I use it for normal transactions and not business.
    This week I'm going to start running different campaigns and I've heard complaints from Many people about how paypal has frozed their accounts.. and I'm afraid that they might do the same to mines..
    Any suggestions?
    As long as you maintain decent business with them it should be fine.No chargebacks/disputes/complains and it will be a very smooth processor .
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    • Profile picture of the author DavePalermo
      I am going to give everyone a real good bit of advice with PayPal.

      When you set up a business account, and you should, make it a point to talk to them over the phone.

      Explain to them what type of business you run, what type of payments you will be receiving and projected sales.
      If you are going to be receiving a $5000 sale 2-3 times a week then tell them.
      You don't have to get into exact details but let them know what you do.
      If you don't then they will be calling, emailing and harassing the crap out of you wondering why you have all this money coming in.

      They are very approachable and nice to talk to.

      It will make life a lot easier and the problems will be few and far between.
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  • Profile picture of the author Jeff Willy
    I am using Paypal for over 5 years, so far I have no problems with them. As long your abide by their terms and conditions, and as long your business is legal, moral and ethical, you will have no problems with them. So far, this is my main payment processor next to Skrill.
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  • Profile picture of the author regulardan
    I have no problems with paypal and receiving money. I have done single payments and monthly billing transactions with them integrated with aweber and yada yada yada.

    Anyway there are other payment gateways out there. Authorize.net is something to also consider.
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  • Profile picture of the author johnben1444
    PayPal don't just freeze account unless if you are accused of wrongdoing which also has categories of penalties not necessarily freeze of account.

    They are not thieves but out to protect you and me and help our businesses.

    In my case, i have only had great experience with PayPal for over 4yrs of actively using them for business. You may want to start by reading their TOS and abide by it.
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    • Profile picture of the author Anonymous Affiliate
      Originally Posted by johnben1444 View Post

      PayPal don't just freeze account unless if you are accused of wrongdoing.
      Not true: PayPal might also freeze accounts due to sudden volume spikes, regardless of whether they're legit (example: a product launch). It's all about risk control from their end.

      Let's say that you process an average of, say, $5,000 a month... and all of a sudden you receive $25,000 within 24 hours due to a product launch: you can rest assure that a red flag will be raised on PayPal's back-end system and someone will manually investigate your account. Sometimes, while they investigate, they might freeze the funds (or the account, or both) until they give you the green lights.

      PayPal is wonderful, I love them, but they do need to limit their risk on unexpected volume spikes.
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