How Did YOU Lose Your PayPal Account?

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There is alot of good information out about the do's and dont's of protecting your PayPal account. At first I thought it was all just a bunch of hype, but there are some pretty big names being affected.

If anyone has lost their PayPal account and would care to share the circumstances surrounding the ban, that would benefit Warriors sitewide.

Not to say there is an EXACT reason, but there have to be some very close commonalities.

If I had to guess, I would say it would be withdrawing money too fast. I don't have personal data to back this up, just my opinion.

Anyone who has been affected care to chime in?

-Shawn
#main internet marketing discussion forum #account #lose #paypal
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    • [1] reply
    • Oh ****...this conversation will go on FOREVER...

      I think you just opened a big can of worms my friend...

      I personally have never had any problems with paypal...and I have been using them for years now...of course I run a legit business and don't do anything that will jeopardize my account...
      • [1] reply
  • I've actually heard of peoples Paypal accounts shut down because of their customers fruedulant credit cards.

    Apparently if someone uses a stolen credit card on their PayPal account and he buys from you, both the customer and the merchant's accounts can be frozen.

    I have been running a legit business for almost a year now with PayPal and no major problems so far.

    Just a couple of glitches which the PayPal team resolved for me within 24 hours.
  • I sold too much. Of course, I alerted them ahead of time and got their permission, but that didn't seem to matter.

    http://www.warriorforum.com/main-int...st-paypal.html

    I know that there will be naysayers that chime in and say, "You must have done something wrong." They always do and I must admit that I was once one of them.
    • [1] reply
    • Damn man. So erring on the side of caution here, should someone have say like friends or familys paypal accounts at the ready? Especially if you are promoting alot of WSO's?

      Thanks for chiming in here Brian,
      Shawn
      • [1] reply
  • Well, it seems to happen when you get many sales very fast.

    You can read some horrible stories:

    derrickvandyke.com/warning-your-paypal-account-is-at-risk.html
    russruffino.com/paypal-limits-my-account-2#comment-404
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  • I got a fun story about paypal. I was selling a consulting service to financial firms and when I started getting $4,000 deposits into my paypal account they immediately put my account into quarantine lol! I had to email and fax them endless paperwork. I sent them everything from all the corporation files to my bank statements, driver license copy and all the credit cards I had on file with them. It was the most insane crap ever! It was taking them forever and they always asked for more. My clients were waiting for my service and I couldn't wait anymore so I refunded their payments and told them to bank wire it. Paypal was a real disappointment.
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    How Did YOU Lose Your PayPal Account?

    There is alot of good information out about the do's and dont's of protecting your PayPal account. At first I thought it was all just a bunch of hype, but there are some pretty big names being affected. If anyone has lost their PayPal account and would care to share the circumstances surrounding the ban, that would benefit Warriors sitewide.