Paypal stories making me anxious

I just had a similar thread before you...and the answer I got was to have alternate payment processors and switching between them

Have your clients pay by another payment processor. I'm in love with Amazon payments, there's also Google Checkout....

But if you want to give your clients the option of paying you with Paypal use 2CheckOut, I believe they charge you a one time fee of 50 bucks.

I am also terrified that something goes down with paypal. I do have other option of payment but most of my buyers are into paypal too

Try some other payment processor like plimus, 2checkout etc. which can process paypal payments as well. They will not create problems like paypal doing every second week.

Thanks

Thus far I have found all of these "Paypal Horror Stories" to be largely (before someone b****es, notice I didn't say completely) baseless. Usually an account is frozen/locked because of a violation of the TOS (such as doing business on a personal account), or because of erratic activity (going from zero earnings to large amounts of money per day).

As long as you read the entire TOS, follow the rules, and inform Paypal when you expect a sudden surge in sales, than everything should be ok.

Paypal is easy to deal with, after all, they got your money. So I think you just need to call them, and problem solved.

I tried calling PayPal to let them know of an impending influx of cash but when I talked to the guy, he was like, "So what?" I told him that I had heard that letting them know about this sort of thing was a good idea and he had no clue what I was talking about. So did I get a new guy or ????

Let me clear this up really quick for everybody. STOP BELIEVING EVERYTHING YOU READ!!!!! The majority of the accounts that paypal closes are either inactive for a very long time or the owner of the account does something they should not do. As long as you keep your account in good standings and you are using why in the world would Paypal close you down? They only make money when you get paid, so this is something they should want right?

Common sense will set you free and when you stop believing every word that is written by one person or a few people you will be better off.

Benjamin Ehinger

I just wanted to know if your paypal account is closed down do you also lose all the money you had there? If yes how can yo recover it.

There are all sorts of horror stories from legit business people doing no wrong getting shut down by paypal. It seems if you have any type of "make money on the internet" type of business you are in trouble with pp.

Honestly, some of you people have *absolutely no idea* what you are nattering on about.

PayPal can and does take drastic action with little to no warning. And you don't have to be in a dodgy niche to have that happen.

A friend of mine does big business selling gently used genuine designer bags. PayPal slapped her with a three month rolling reserve. What this means (in her case) is that PayPal always has $30,000 of her money held in reserve at any one time.

They don't shut her down, they just cripple her cash flow. Because they can.

fLufF
--

sidcandid I sent you a PM on how to fix this.

As with what many of said - I'm going to argue the same point in the same fashion.

Have you people ever thought of the success stories with PayPal? NO! Because no one bothers to write them, people only whine when something wrong happens.

Secondly, I know plenty of people who do illegitimate transactions through PayPal and then complain if PayPal shuts down their accounts. All the hassle aside, they do this to protect YOUR MONEY and if by any chance you lose it - people will still complaint.

So I recon its a pretty hard job staying in the balance of things. I'm not saying PayPal is right but at the same time I still think we should all stop believing the stupid stories.

Paypal is like driving - everything is great unless you hit a tree.

10 thumbs down paypal

I work with paypal for 5 years now and nver had any problems ..

I get the impression that Paypal probably spends a lot of money and man-hours cleaning up after the 'less credible' people in this industry. It sucks for the rest of us, and I'm not justifying the quite aggressive stance they seem to be taking at the moment, but you can see why they're starting to distance themselves from the industry.

If you're from india then just use paypal for receiving money. Indian govt. controlled paypal's money laundering schemes in that country. So now every paypal activity is monitored via SWIFT/RBI Banks. Get bank account with AXIS or ICICI bank and then open fixed deposit. You can ask for credit card on limits of your fixed deposit. I know this will not replace paypal but you should consider it for your offshore payments. You can also sign up for payoneer and accept payment through them.

Yep you should be anxious, better now than too late like me :p

If you want to accept paypal you can use 2checkout or plimus.

Remember Paypal makes money from YOU, hell, they even score some advertising on your site for what its worth. They wouldn't just shut you down unless there's some risk for them.

Sure, people make mistakes, and since Paypal is not run by a robot I'm sure there's a 1 in a million chance that they'll freeze your account without good reason.

Also think about this, remember the story about how Facebook paid top guys to slander Google? It's business unfortunately. These are very likely affiliates of paypal competitors posting these stories, maybe not all, but at least 80% of them.

It's like starting a programming company and trying to take on Bill Gates, what are your chances to beat him if there are no bad reviews flying around? Okay bad example...

Fact is, if you honestly believe that you're doing nothing wrong to violate policies you've got nothing to worry about, plus, Paypal DOES send you warnings if something is fishy, I've seen them personally (read my reply above) so don't worry about getting shut down without warning

my paypal is dead accoount to bro.and how I can fix it up?any one know?

I was concerned about Paypal because they used to be like Facebook - with no proper customer service interface. (That was about 6-7 years ago when I dealt with them before). Now I have had a number of good responses from their sales and service guys and even have a direct e-mail address for a contact there.

Over here in the UK Paypal seems to be the only option for making mass international payments when paying out to other affiliates.

Is there another option for paying out to a large number of people across the world?

I use a different money processor to receive payments but trasfer the funds to paypal to then disperse.

You can avoid everything. Even when you have big product launch. Just ring PayPal and explain that you will have a lot of sales coming in. Ask them to leave a note next to your account. If they see that "oh...this account is getting a lot of money...let's see what's going on". And if they see that PayPal support was talking with him/her and they know what's going on...nothing happens.

I did that with my own product launch. I rang Paypal, explained everything. I even said how much is coming in "per sale" and i was safe. Nothing happend. They said thanks for telling us.

Hi Sid,

I'm definitely not going to use PayPal for my IM biz. People that I KNOW, not BS, have got their accounts frozen or closed. They have good track records yet the reasons given by PayPal were absurd.

Let me try clarify certain things here.

In selling products ( digital or not ), you need to decide how you're going to sell your products :
A) ON A SELF-HOSTED SOLUTION or
B) ON A 3rd PARTY HOSTED SOLUTION

I'm only giving the main differences between them relevant to the OP's topic.

A) Self-Hosted Solution
-> all sales applications are on your own server
-> you decide the sort of shopping cart you want to use
-> you decide the payment processor/gateway you want to use :
====> PayPal, MoneyBookers, AlertPay, 2CO, WorldPay, Authorize.net, BeanStream

In the self-hosted solution, you need to integrate the Payment Processor to your shopping cart or as simple as having a buy now button with the necessary tags in it. You can even have their Payment Interface hosted on your sites, without redirecting the buyer to the Payment Processor's page. They call this the PRO version.

B) 3rd PARTY HOSTED SOLUTION
-> all sales applications are on their server
-> they have built-in shopping carts you need to use
-> they have built-in payment system you must to use
====> Nanacast, Digiresults, Plimus, ClickBank, FastSpring, PayDotCom, RAPbank, E-Junkie, DigitalRiver SWREG. Many accept PayPal in their payment option.

So, if you don't want the trouble of setting-up your own solutions on your own server AND DON'T WANT THE TROUBLE OF GETTING FROZEN OR CLOSED, go for 3rd PARTY HOSTED SOLUTION. As long as you follow the TOS, you should be fine.

But .... for whichever you chose, you ought to consider another very important matter =>> How are you going to get payment transferred to you after the sales.

The points you need to consider are:
--> The amount charged when transferring the money to you
--> The instrument used to transfer the money : wire, direct deposit, cheque, CC or Debit Card.

Other important considerations are :
-> How are you going to handle REFUNDS based on their TOS and implications of it
-> How do they handle CHARGEBACKS, the amount penalized and implications
-> Do they accept recurring payments
-> Do they charge monthly for their solutions
-> How much they charge you per sale

It is your choice.

People who have good experiences don't tend to share those experiences nearly as often as those who have had bad experiences. I believe this theory applies to the online world as well - and to people and the way they talk about PayPal.

PayPal is just one payment processor and some people have had problems with it. I am not sure that any of the other payment processors are without fault. If you aren't sure, do some research but make sure you weigh the pros and cons of each one.

I've never heard of them closing an account. If they are, then I better transfer my funds quick.

What the hell is up with these people with under 100 posts making blanket B.S. statements about paypal?

Then have a look around: it only happens all the time. :rolleyes:

What is the matter with these people?!

Sure we see it a lot. We are on a forum that people sell MMO products and hype the crap out of them.

Take Derrick, since he chimed in... His sales letter HEADING sales says,

"... Make An Easy $100 A Day on Facebook"

That more than likely falls under get rich quick.

As far as what PayPal says on the phone, they guess. They arent in the AUP department. The AUP department doesn't even take calls.

With that said...

I'm not going to say they aren't cracking down. They are. Guidelines keep getting stricter too.

If you are playing close to the line... you will have problems.