Will PayPal freak out if I'm spending everything I sell each week? $5k/week - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 04-07-2017
Junior Member
 
Join Date: Apr 2017
Posts: 55
Thanks: 11
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 40%
iTrader: (0)
Default Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Does it matter if I'm spending it on eBay vs other places?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 04-07-2017
Ebayorbust's Avatar
Executive [VIP]
 
Join Date: Jul 2009
Posts: 5,864
Thanks: 511
Thanked 2,365 Times in 1,526 Posts
Activity: 30%
Longevity: 85%
iTrader: (56)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Good luck with that business model, lol.

Spending 5k a week, in my opinion, will quickly get the account flagged for money laundering and limited.

Is there a reason you cannot withdraw to a bank account?
__________________
UK PAYPAL & PAYONEER ACCOUNTS FOR SALE HERE
IDENTITY CONFIRMED ACCOUNTS AVAILABLE
GET FRESH RESIDENTIAL IP ADDRESSES HERE

Last edited by Ebayorbust; 04-07-2017 at 07:23 AM.
Reply With Quote
  #3  
Old 04-07-2017
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,843
Thanks: 5,925
Thanked 8,908 Times in 8,201 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Welcome to the forums - that is a lot to spend and like Ebayorbust stated, you could run into trouble. No bank account access?
Reply With Quote
  #4  
Old 04-07-2017
Ebayorbust's Avatar
Executive [VIP]
 
Join Date: Jul 2009
Posts: 5,864
Thanks: 511
Thanked 2,365 Times in 1,526 Posts
Activity: 30%
Longevity: 85%
iTrader: (56)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Quote:
No bank account access?
More commonly it's due to illegal activities or tax evasion.
__________________
UK PAYPAL & PAYONEER ACCOUNTS FOR SALE HERE
IDENTITY CONFIRMED ACCOUNTS AVAILABLE
GET FRESH RESIDENTIAL IP ADDRESSES HERE
Reply With Quote
The Following User Says Thank You to Ebayorbust For This Useful Post:
rsot (04-07-2017)
  #5  
Old 04-07-2017
JamesNorth101's Avatar
Executive [VIP]
 
Join Date: Apr 2013
Posts: 20,073
Thanks: 2,424
Thanked 5,197 Times in 3,996 Posts
Activity: 27%
Longevity: 63%
iTrader: (462)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Quote:
Originally Posted by Gooogle View Post
Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Does it matter if I'm spending it on eBay vs other places?
Seems like a very bad long term business model...
Reply With Quote
  #6  
Old 04-07-2017
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,832
Thanks: 2,076
Thanked 4,022 Times in 3,010 Posts
Activity: 0%
Longevity: 48%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

No, it won't get you in trouble as long as you're leaving enough to avoid a negative balance. Paypal loves when you spend your balance rather than withdraw it, because they profit on the fees.

In 2016 I used my best account exclusively for buying inventory. I would use that one account to buy stuff for all 3 of my business accounts. That way I'd be "doubling-up" on my profits before eventually withdrawing funds from an account. I was paying multiple $5-$8k orders weekly and never once had an issue. Sent a total of about $420k.

The P/P was limited so I'm now using Moneygram again, but the limitation was for something totally different. I gave P/P the wrong business type/name when I originally upgraded.

Paying suppliers won't get you in trouble. A strong account can freely act as a business and make business purchases. You say you're selling about 5k per week so I'm confident you've already attached a tax ID and are in no way trying to launder money. Just make sure you stay up to date on your taxes.

Check it - taken directly from last years P/P financial summary
__________________
____________
_______
___

Last edited by phaz0rz; 04-07-2017 at 06:47 AM.
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
JamesNorth101 (04-07-2017)
  #7  
Old 04-07-2017
Ebayorbust's Avatar
Executive [VIP]
 
Join Date: Jul 2009
Posts: 5,864
Thanks: 511
Thanked 2,365 Times in 1,526 Posts
Activity: 30%
Longevity: 85%
iTrader: (56)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

phaz0rz,

I take it the account you are referring to was fully verified and had a bank account attached to it?
__________________
UK PAYPAL & PAYONEER ACCOUNTS FOR SALE HERE
IDENTITY CONFIRMED ACCOUNTS AVAILABLE
GET FRESH RESIDENTIAL IP ADDRESSES HERE
Reply With Quote
  #8  
Old 04-07-2017
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,832
Thanks: 2,076
Thanked 4,022 Times in 3,010 Posts
Activity: 0%
Longevity: 48%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Quote:
Originally Posted by Ebayorbust View Post
phaz0rz,

I take it the account you are referring to was fully verified and had a bank account attached to it?
Purchased it from here so it was made with a vcc. For the first half of the year it only had a VBA but I did eventually add a real bank account.

I'm not trying to start an argument, but it's always been my belief that most here are way too careful with accounts. I can understand why an account seller would tell people to be cautious - but it bugs me when these guidelines are stated as fact.
__________________
____________
_______
___
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
rsot (04-07-2017)
  #9  
Old 04-07-2017
Ebayorbust's Avatar
Executive [VIP]
 
Join Date: Jul 2009
Posts: 5,864
Thanks: 511
Thanked 2,365 Times in 1,526 Posts
Activity: 30%
Longevity: 85%
iTrader: (56)
Default Re: Will PayPal freak out if I'm spending everything I sell each week? $5k/week

Nobody said you were trying to start an argument.

I was giving my opinion only but can see how it was construed as stating a fact so I will edit it to avoid anyone else getting upset.
__________________
UK PAYPAL & PAYONEER ACCOUNTS FOR SALE HERE
IDENTITY CONFIRMED ACCOUNTS AVAILABLE
GET FRESH RESIDENTIAL IP ADDRESSES HERE
Reply With Quote
The Following User Says Thank You to Ebayorbust For This Useful Post:
phaz0rz (04-07-2017)
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I slam an account from 1K / week to 20K / week? amzpro Amazon 15 09-30-2016 06:14 AM
Paypal AU - week of limitation ? htsang AU PayPal Talk 1 07-27-2012 07:26 PM
Confirm Identity Last Week and this week its gone! lasvegas eBay Discussion! 5 10-23-2011 04:48 PM
paypal problems this week leonid5000 PayPal Talk 10 11-01-2008 11:23 AM


Aspkin Group

All times are GMT -5. The time now is 05:20 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58