The terrible ways PayPal holds my money.
The terrible ways PayPal holds my money.
I have $500-$1000 selling on eBay, but Paypal holds everything
1. They holds $2000 as Collateral (no end days);
2. They holds 5% of every payment as Rolling Reserve for 90 days;
3. They holds 21 days on some of the payment due to new eBay policy;
4. Now my PP has more than 6K on hold and it rises if I keep selling.
My question is,
1. Can I use another related eBay/PayPal ID? I wonder if they still hold me because the new ID is related to the current one. I know suspended ID cannot use another related ID, but my current eBay ID has selling limit (not suspended), my current PayPal account is on hold (not limited). Does it affect to new IDs?
2. I was thinking use a stealth ID, but the 21-days hold and withdraw limit really kills me. I will have more than $500 a day if I sell a lot, but the withdraw amount limit will trigger PayPal to limit you very easy. What can I do?
3. I have my own website, but the selling is not as good as my eBay store even though I put a link on my pictures on eBay listing;
4. I’m so afraid to use merchant account. I have lost so many charge back case and the merchant charged me high charge back fees. And they never protect seller!
Please help!!
|